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or less in line with the ParisAgreement, it is essential to decarbonize our economy by 2050. We are proud to be leading the reduction of operational emissions by achieving our 2030 Sustainability Commitments , but in order to achieve global climate goals, we also need to reduce the embodiedcarbon in building materials and equipment.
Trane Technologies was also one of only five North American companies recognized by InfluenceMap as a 2023 Corporate Climate Policy Engagement Leader , after meeting its criteria for positive and active climate policy engagement aligned with science-based pathways for delivering on the goals of the ParisAgreement.
Around three quarters of real estate fund mangers globally have introduced net zero policies with around half publishing net zero commitments and implementing net zero targets, suggesting a growing alignment of the sector with the goals of the ParisAgreement.
The event wouldn't have been possible without the collaboration and support of the Universidad Politécnica de Madrid (UPM) who are also host to the SDSN Spain Network , REDS (Red Española de Desarrollo Sostenible). As of September 2019, at least 77 countries and 100 cities have committed to net zero carbon emissions by 2050.
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