SWORDS, IRELAND — Trane Technologies has been named on Fortune Magazine’s World’s Most Admired Companies list for the tenth consecutive year.

“We’re very proud of this significant honor,” said Dave Regnery, chair and CEO for Trane Technologies. “Every day, our people around the world bring our purpose to life by boldly challenging what’s possible for a sustainable world.”

With its 2030 Sustainability Commitments, Trane Technologies is helping solve for some of the world’s biggest sustainability challenges. These commitments include a pledge to reduce customer greenhouse gas emissions by one gigaton (2% of the world’s annual emissions) and achieve carbon-neutral operations. 

“Our innovation is transforming the way the world heats and cools buildings, improves indoor air quality, and safely transports food and medicine. As we scale today’s technology and innovate for tomorrow, we can dramatically reduce carbon emissions and create value for our team, our customers, our shareholders and our planet,” he added.

Fortune and the Korn Ferry Hay Group develop the annual World’s Most Admired list.

To determine the best-regarded companies in 52 industries, Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.