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September 23, 2024 /3BL/ - Trane Technologies (NYSE: TT), a global climate innovator, today announced a commitment to reduce embodiedcarbon by 40% by 2030, an industry first. Buildings are currently responsible for 40% of global energy related carbon emissions.
With 37% of global CO2 emissions coming from buildings, it is crucial that buildings are decarbonized in the race to meet science-based climate targets. The most significant opportunity to accelerate carbon reduction in the building sector is to retrofit existing buildings. It’s the fastest path decarbonizing buildings.
Under this year’s theme, “It’s Time,” the company is set to unveil significant decarbonization initiatives, and share insights on the urgent need for progress, to meet the global goal of tripling renewable capacity and doubling energy efficiency, with a just transition in mind. online newsrooms.
According to Vizcab, the funding round comes as the construction industry faces evolving regulations to driving carbon reduction, including an LCA requirement for all newly constructed building across Europe by 2027.
By working in tandem, they can harness appropriate digital technologies to drive profitable operations that prioritize both the well-being of individuals and the preservation of our planet. Together, they can identify economically viable and efficient methods to deliver an optimal energy mix during this transitional period.
But look for future updates and essays on this topic, such as the one digitally penned recently by Jarami Bond (named in 2017). Digital Innovation Manager, BASF; Sao Paulo, Brazil. Since my 30 Under 30 nomination, I have shifted roles and am now working on deep decarbonization a little closer to home.
Under the direction of VP of Sustainability Dave Duncan, PTC’s ESG team has begun and made impressive progress in developing a robust program, including carbon footprint measurement and tracking, extensive public reporting efforts, and crafting a world-class decarbonization strategy.
This year's event built off the learning from the SDSN's Roadmap to 2050 A Manual for National to Decarbonize by Mid-Century report published in partnership with Fondazione Eni Enrico Mattei (FEEM). The event’s panels on the first day were focused on the decarbonization of the power, transport, industry, and buildings sectors.
Several tech giants, including Microsoft , Google and Amazon , have highlighted increased energy needs to meet the AI-driven growth in data centers as a key challenge to their decarbonization goals. We look forward to continuing to lead the development of data centers in the Nordics as the demand for digitalization and AI keeps rising.
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