Ingersoll Rand’s Global Climate Commitment
Davidson, N.C., Sept. 6, 2018– Ingersoll Rand (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, announced that a 1,990 kW GE Solar PV power system is now online and generating power at its 430,000 square-foot manufacturing facility in Trenton, N.J.
The solar power system marks another milestone in Ingersoll Rand’s Global Climate Commitment, which includes a 35-percent reduction of greenhouse gas (GHG) footprint from its operations by 2020.To help meet this goal, the company is making investments in solar power at three of its large manufacturing sites, including the Trenton plant, where the company produces Trane® and American Standard® brand heating and air conditioning systems for homes and residential buildings.
“Our investment in renewable energy is the next step in our journey, and the photovoltaic array at this plant an illustration of how innovation increases sustainability and resiliency of our operations,” said Jason Bingham, president of the Residential HVAC and Supply business of Ingersoll Rand. “Over the past several years, many members of the Ingersoll Rand team have worked hard to increase energy efficiency and reduce greenhouse gas emissions at our facilities around the world, bringing benefits to customers, employees, and the environment.”
The solar array will provide 49M kilowatt-hours (kWh) of power. Over the 20-year lifespan of the system, this equals a reduction of nearly 35,600 metric tons of greenhouse gas emissions, equivalent to taking 7,600 vehicles off the road for a year.
“Availability and accessibility of renewable energy options continues to increase, making it attractive to industrial companies like Ingersoll Rand and to our customers,” said Keith Sultana, senior vice president of Global Operations and Integrated Supply Chain for Ingersoll Rand. In addition to its solar installations, the company also signed a power purchase agreement (PPA) for approximately 100,000 MWh of wind power annually. “We engaged our own Trane Energy Supply business to provide a roadmap on how to be smarter about our energy purchases, and to organize an agreement that is responsible to the environment and good for our business.”
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About the Ingersoll Rand Climate Commitment
In 2014, Ingersoll Rand publicly committed to increase its energy efficiency and reduce the greenhouse gas emissions (GHG) related to its operations and products. The company’s Climate Commitment includes:
- 50 percent reduction in GHG refrigerant footprint of its products by 2020 and lower-GWP alternatives across its portfolio by 2030
- $500 million investment in product-related research and development to fund long-term GHG reduction
- 35-percent reduction in the greenhouse gas footprint of its own operations by 2020
Ingersoll Rand’s climate commitment has enabled avoidance of 11 million metric tons of CO2e globally from its products compared to a 2013 baseline, equal to the emissions from the energy used in 1.6 million homes for one year. The company also has reduced the GHG intensity of its operations by 23 percent when compared to a 2013 baseline.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands—including Club Car®,Ingersoll Rand®, Thermo King®and Trane®—work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a $14 billion global business committed to a world of sustainable progress and enduring results. For more information, visit www.ingersollrand.com.
About GE Solar
GE Solar delivers turnkey solar energy development solutions to business enterprises and institutions throughout North America. With a deep bench of industry talent, our business is devoted to the quality execution of renewable energy solutions, providing an energy partnership approach to reducing energy costs. With people, services, technology and scale, GE Solar is committed to better outcomes for customers. www.ge.com/solar
Contact:
Perri Richman
(732) 652-6943
prichman@irco.com