Trane (TT) Technologies announced new circularity impact metrics focused on generating 10% of its revenue from circular products and services and more than doubling the use of circular materials by 2030. Trane Technologies’ circularity strategy includes multiple innovative initiatives to increase the use of recycled materials and to optimize the continued use of products through smart services, upgrades, remanufacturing and recovery programs, delivering ongoing value to customers. By redeploying high-quality parts and reducing material use, the company aims to increase efficiency, improve supply chain resiliency and open new, recurring revenue streams.
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