In September 2014 we publicly committed to significantly increasing energy efficiency and reducing environmental impacts from our operations and product portfolio by 2030, with key milestones specified for 2020. The core of our Climate Commitment is a pledge to advance high-performance, low-greenhouse gas emissions solutions for our customers, while reducing the carbon footprint of our facilities and fleet.
Our Climate Commitment goals include reducing the greenhouse gas (GHG) refrigerant footprint of Ingersoll Rand products by 50 percent by 2020, incorporating lower global warming potential (GWP) alternatives across the portfolio by 2030, and reducing the GHG footprint of our own operations by 35 percent by 2020. Attaining these goals will contribute to the avoidance of 20 million metric tons of CO2 equivalent by 2020 and 50 million tons by 2030. In addition, we are committed to investing $500 million (USD) in product-related research and development by 2020 to fund the long-term reduction of GHG emissions.
To date, the Ingersoll Rand Climate Commitment has supported the avoidance of approximately 2 million metric tons of CO2e globally − equivalent to the CO2 emissions from burning more than 2.1 billion pounds of coal and the electricity used by nearly 270,000 homes for one year. By 2030, we expect to reduce our carbon footprint by 50 million metric tons.
These results were driven by advances in three areas:
- Launched the EcoWiseTM portfolio of products using next-generation low-GWP refrigerant
- Added new Trane and Thermo King products and product families to the EcoWise portfolio
- Retrofitted facilities with energy-efficient equipment
- Measured and quantified the company’s GHG emissions reduction
Market Leadership and Convening
- Worked with refrigerant manufacturers and customers to develop, pilot, apply new systems
- Engaged with policymakers, NGOs, media and others in Brazil, Canada, China, Europe, India, Japan, the U.A.E. and U.S.
- Held convening events around design-competitive alternatives to R-410A
We are committed to building on these advances in the months and years ahead, while demonstrating a high level of transparency and creating a culture where best practices for reducing emissions have become pervasive.