Demand for heating, ventilation, and air conditioning (HVAC) systems warmed up considerably in 2024. That powered strong growth for companies that provide climate solutions, like Lennox (LII -1.53%) and Trane Technologies (TT -1.19%).
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the fourth consecutive year and the North America Index for the fourteenth consecutive year. The company performed in the 98th percentile in the Building Products industry in the S&P Global Corporate Sustainability Assessment (CSA score a...
Trane Technologies (TT 0.06%) is quietly having a fantastic year. Shares of the heating and cooling solutions company have gained 55% this year at recent prices, crushing the S&P 500 's 23% rally.
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has signed a definitive agreement to acquire BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology. Headquartered in Montreal, Canada, a global AI hub, BrainBox AI has developed an industry-leading enterprise autonomous build...
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced the appointment of Mauro Atalla as Chief Technology and Sustainability Officer, effective January 5, 2025. Atalla will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the product development, innovation and sustainability strategies for Trane Technol...
SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, authorized a new share repurchase program of up to $5 billion, to commence upon the completion of the company's 2022 $3 billion program. As of October 31, 2024, the 2022 program had approximately $1.5 billion remaining. “Today's announcement reflects our strong balance sheet...
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's inaugural ranking of the World's Best Companies for Sustainable Growth. Developed in collaboration with market research company Statista, the list highlights companies that excel in sustainable growth and financial stability while minimizing their environmental footprint. "B...
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