HVAC and climate control solutions company Trane Technologies announced the launch of Trane® Autonomous Control Powered by BrainBox AI, a new artificial intelligence and cloud-based building systems optimisation tool aimed at helping building owners to accelerate decarbonisation and reduce energy consumption.
Buildings are a significant contributor to GHG emissions, accounting for around 15% of global emissions, and one of the hardest sourced to replace, given their long-term nature. In 2019, Trane introduced the Gigaton Challenge, aiming to reduce one billion metric tons of carbon emissions from its customers’ footprint by 2030.
According to Trane, the new solution uses AI to automatically and continuously identify and implement optimisation actions, incorporating variables ranging from predictive weather data to occupancy trends to deliver improved building performance and sustainability.
The company said that it tested the new solution in multiple sites with a U.S.-based customer, resulting in significant energy performance improvements, and carbon emissions reductions of more than 30% across more than 100 facilities.
Trane said that the new offering would directly support its Gigaton Challenge goals, alongside its sustainability targets. Trane’s climate goals include a target to reduce Scope 3 emissions, or value chain emissions outside of its direct control, by 55% by 2030, as well as goals to achieve a 97% reduction in emissions per cooling ton from the use of the company’s products, and a 90% reduction in GHG emissions across its global operations by 2050. Scope 3 emissions, including the use of products and supply chain, make up the vast majority of the company’s carbon footprint.
Donny Simmons, President, Commercial HVAC Americas at Trane Technologies, said: “With the heating and cooling of buildings representing about 15% of all global greenhouse gas emissions, the demand for more sustainable building solutions grows each day. Leveraging innovative AI-enabled solutions is one of many ways we are helping customers dramatically reduce their carbon footprints, while meeting business goals and doing the right thing for the planet.”
Source: Trane Launches AI-Based Building Decarbonization Solution – ESG Today
About the Authors
Associate Director, Investment Banking
Prachurjya has over 16 years of experience in investment banking with Acuity Knowledge Partners. At Acuity, he has led sector and product-specialist pilot teams across Capital Markets, ESG, Debt Advisory, Loan Syndications, Metals & Mining and Real Estate. He has been actively involved in setting up and on-boarding new ESG Advisory, ESG DCM and Sustainable Finance teams for various bulge bracket investment banks. Within DCM and Rating Advisory, he has been instrumental in helping the clients achieve over 30% in annual savings on both regular and adhoc tasks through standardization of the outputs and deployment of our proprietary BEAT tools.
Delivery Manager, Investment Banking
Puja has 7 years of extensive experience in ESG, Climate Change & Sustainability and she is supervising the ESG team at Acuity. She also has diverse experience in conducting ESIA, EHS compliance audits, ESG Risks and Controls, EHS & ESG Due Diligence assessments. Prior to joining Acuity, she was working with companies like KPMG Global Services, EY India and ERM India. She has expertise in provisioning extensive research requirements for clients through preparation of Peer Benchmarking, Target Compilation, Sustainability report, Sustainable Finance Updates and Sectoral ESG Thematic Detailing Engagement.
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