Ridding the world of carbon emissions, blamed for climate change, can feel like an impossible task that might only be met decades from now, if ever. A few companies, however, have business opportunities right now that are moving the needle while helping improve sustainability.
One reason they are participating in the week’s events is to show “what technologies exist today that need to be scaling faster,” CEO Dave Regnery tells Barron’s. Thermal management integration into commercial buildings is one example of how sustainability-related business is helping Trane offset any headwinds from economic weakness. “You would argue that the [HVAC] markets in Europe have been flat for an extended period of time,” says Regnery. ‘Yet our commercial HVAC business in Europe was up high-teens [percentage increase] in the second quarter.”