Trane Technologies plc: Trane Technologies Commits $100 Million and 500,000 Volunteer Hours to Building Sustainable Futures for Underrepresented Populations
Trane Technologies (NYSE: TT), a global climate innovator, announced today that it has launched
Sustainable Futures, a multiyear corporate citizenship strategy to expand underrepresented students access to Science, Technology, Engineering and Math (STEM) education, support healthy classrooms, and promote skill building for green careers. As part of its 2030 Sustainability Commitments, the company is committing $100 million and 500,000 volunteer hours to the effort by 2030.
Millions of students around the world lack access to basic and STEM education to prepare them for well-paid employment. The problem is most dire among children from low-income and underdeveloped communities. Often these communities also lack healthy learning environments due to aging school buildings and high pollution levels.
Named by Forbes as one of 'America's Best Employers for Diversity' One of 300 companies on Financial Times ranking for 'Europe's Climate Leaders 2021' Listed as one of the '100 Best
Trane Technologies plc: Trane Technologies to Present at the Wolfe Industrials Virtual Conference
Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the Wolfe Industrials Virtual Conference. They will speak at 2:00 PM ET on Wednesday, May 26, 2021.
The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the event.
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane and Thermo King, and our environmentally responsible portfolio of products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Learn more at tranetechnologies.com
Trane Technologies plc: Trane Technologies Reports Strong First-Quarter 2021 Results; Raises Full-Year Revenue and EPS Guidance
Reported bookings of $4.1 billion, up 34 percent; organic bookings up 31 percent
Reported revenues of $3.0 billion, up 14 percent; organic revenues up 11 percent
GAAP operating margin up 590 bps; adjusted operating margin up 500 bps
GAAP continuing EPS of $0.96; adjusted continuing EPS of $1.01, up 135 percent
This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measures can be found in the footnotes of this news release. See attached tables for additional details and reconciliations.
Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $0.96 for the first quarter of 2021. Adjusted continuing EPS was $1.01, up 135 percent, which excludes $14.7 million related to planned restructuring and transformation costs.
(0)
Trane Technologies (NYSE: TT), a global climate innovator, announced today that it has revised its executive and senior leader incentive plan to link directly to Environmental, Social and Governance (ESG) metrics that align with the company s bold 2030 Sustainability Commitments.
The company s revised annual incentive plan, which starts this year, holds top executives and approximately 2,300 company leaders accountable for meeting the company s ambitious social and environmental sustainability goals. In addition to tying leaders annual cash incentives to ESG metrics, all salaried employee performance plans now must include at least one goal tied to the company s 2030 sustainability commitments. We are leading with a bold purpose to challenge what s possible for a sustainable world, and have embedded leading environmental, social and governance practices into our strategy and operations, said Mike Lamach, Trane Technologies chairman and CEO. Solving major global challenge