"During a podcast interview in our office yesterday, Patagonia's Ryan Gellert compared the president's comments to gravity-deniers who walk out of a third-floor window and fall to the ground. It doesn't matter what you believe, he said. The science is still the same. Dave Regnery of Trane Technologies is emblematic of the CEOs I've met here at Climate Week NYC, the world's largest climate gathering outside COP. He has put sustainability at the core of the $20 billion-a-year provider of heating, ventilation, air conditioning and refrigeration systems."
"The company is on track to cut a gigaton of carbon emissions from its customers' footprint by 2030, launching 190 new products and solutions in the last year alone, using tech to optimize electricity usage in buildings. And Regnery has done that while delivering double-digit annual revenue growth and more than quadrupling the stock price since Trane emerged from Ingersoll Rand in March 2020. As he said during a fireside chat at Fortune's annual Climate Week dinner last night, sponsored by Deloitte: "We need to lead with the fact that just because it's sustainable doesn't mean it costs more.""
"The business case for sustainability is compelling. Global investments in renewable energy in the first half of 2025 rose 10% over this time last year, according to Zero Carbon Analytics. As Jesper Brodin, CEO of IKEA's main operator Ingka Group, told me on stage during Deloitte's Horizons event earlier this week, leaders have to take action because "climate change is here.""
Corporate leaders at Climate Week NYC are treating climate science as a nonnegotiable fact and moving sustainability to the center of business strategy. Trane Technologies aims to cut a gigaton of customer emissions by 2030 while launching numerous products that optimize building electricity use and sustaining strong revenue and stock performance. Renewable energy investment rose 10% in H1 2025, reinforcing the business case for green transitions. IKEA leadership emphasizes immediate action because climate change is already occurring. The U.S. policy environment remains challenging and anxiety about the future can undermine motivation for collective action.
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