This session will provide background on the value-stream commitments related to Scope 3 emission reductions.
Historically, the HVAC industry has been a significant source of emissions and energy usage. Fifteen percent of global greenhouse gas emissions are directly related to heating and cooling buildings. Trane Technologies’ 2030 sustainability commitments are meant to boldly challenge what’s possible for a sustainable future. The product-focused Gigaton Challenge is aimed at cutting customers’ emissions by one gigaton by 2030; this equates to about two percent of the world’s annual emissions.
The product-related commitments combined with leading operational commitments will help transform the built environment. This session will provide background on the value-stream commitments and, for Scope 3, it will explore the company’s pioneering level of accountability and details on the emission calculations that are inspiring new innovation, technology and collaboration. The session will also cover leader engagement, employee training, supplier and customer collaborations and other facets of this work.
There is an urgent need for bold climate leadership, and it’s going to take every company doing its part and taking responsibility. It will require industry and sector leaders within the built environment working with local city governments and world leaders.
Trane Technologies is a global climate innovator. Through itsstrategic brands Trane and Thermo King, and its portfolio of environmentally responsible products and services, the company brings efficient and sustainable climate solutions to buildings, homes and transportation. www.tranetechnologies.com
Scott Tew serves as vice president of sustainability and co-founder of the Center for Energy Efficiency & Sustainability at Trane Technologies (CEES). He is responsible for forward-looking sustainability initiatives aimed at transitioning to more efficient and climate-friendly solutions and minimizing resource use within company facilities.
In addition, Tew serves as a thought leader in linking public policy, economic impacts and a value-stream approach to sustainability. His recent efforts have led to the development of world-class initiatives, including introduction of the company’s comprehensive 2030 targets, the creation of the EcoWiseTM portfolio, launch of the largest customer-facing corporate commitment to combat climate change with the Gigaton Challenge; and as a pioneer in integrated reporting. Most recently, the company received the World Environment Center’s Gold Medal for Sustainable Development, obtained a perfect score on the Corporate Equality Index and the company has been consecutively listed to the North America Dow Jones Sustainability Index for 10 years.
Tew holds graduate and undergraduate degrees in environmental science and ecology from Livingston University. He serves on the Advisory Council of the Corporate Eco Forum; as the board chair of the World Environment Center; as the chair of the U.S. Business Council for Sustainable Development (USBCSD); and on the North Carolina Energy Policy Council. He was named North Carolina Industry Energy Leader of the Year by Charlotte Business Journal and is the recipient of the “Leading the Way” award in CSR by Corporate Responsibility Magazine. Tew is the author of myriad white papers related to energy and sustainable practices and contributed to the recently released book, "Practicing Sustainability," by Springer Publishing.