Trane Technologies has announced it is purchasing low carbon steel to further reduce the carbon impact of its sustainable heating, ventilation and air conditioning (HVAC) solutions.
The steel from Nucor Corporation and US Steel will be used in US 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.
The low carbon steel, representing 20% of Trane’s annual steel purchase, is nearly 80% less carbon intensive than traditional blast furnace steel.
With the latest purchase, the company expects to cut nearly 16,000 metric tons of carbon annually, with a reduction of 120,000 metric tons by 2030 – equivalent to the emissions generated from powering more than 55,000 homes for a year.
The move supports Trane’s commitment to procure, specify or stock 50% net zero steel by 2030 and 100% net zero steel by 2050.
Dave Regnery, Chair and CEO of Trane Technologies said: “Sustainability is at the core of our strategy and we’re excited to take another step forward in our journey to net zero HVAC solutions.
“Our partnerships with Nucor Corporation and US Steel will make our products even more sustainable as we continue to decarbonise 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. We’re proud to be leading the market transition to a net zero future.”