Trane Technologies will reduce the carbon impact of its industry-leading, sustainable HVAC solutions by purchasing low-carbon steel from primary supplier Nucor Corporation and US Steel.
The steel will be used in U.S. manufacturing operations to build Trane’s high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centres.
Trane Technologies chair and CEO, Dave Regnery, said the deal is another step forward in the company’s journey to net zero HVAC solutions.
“Our partnerships with Nucor Corporation and U. S. Steel will make our products even more sustainable as we continue to decarbonize our full value chain – from the raw materials we use, to our own operations, to the lifecycle impact of our products and services around the world,” he said.
Representing 20 perc ent of Trane Technologies’ annual steel purchase, the low-carbon steel is nearly 80 per cent less carbon intensive than traditional blast furnace steel.
With this purchase, the company expects to reduce nearly 16,000 metric tonnes of carbon annually with a reduction of 120,000 metric tonnes by 2030.
The steel industry currently accounts for eight per cent of global carbon emissions.