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“Team Velvet Inc. relies on volunteers and what PSEG did in one day was magic for the farm … we would not be able to exist without this help, which allows us to spend more time serving children in need.” – Susan Edwards, PhD, psychologist, director and president of the board at Team Velvet Inc.

Thank you to our employees who recently visited the farm and helped repair fences, clean up and prep blankets to help keep Team Velvet horses Annie, Precious and Buddy warm this winter.

We’re PSEG Proud to volunteer with nonprofit organizations like Team Velvet Inc., which provides free, non-mounted horse therapy for children who have experienced trauma, adjustment issues, grief and more.

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SWORDS, Ireland, March 11, 2025 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, has been named to Ethisphere’s 2025 World’s Most Ethical Companies® list for the second consecutive year.

The annual assessment is grounded in Ethisphere’s proprietary Ethics Quotient®, which requires companies to provide over 240 different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain.

“At Trane Technologies, we uphold the highest legal, moral, and ethical standards for our team members and business partners, always expecting them to do what’s right,” said Dave Regnery, Chair and CEO of Trane Technologies. “Being recognized by Ethisphere as one of the World’s Most Ethical Companies® is a tremendous honor. We are grateful for this acknowledgment, which reflects our commitment to maintaining the highest standards in our work as we strive to challenge what’s possible for a sustainable world.”

“Congratulations to Trane Technologies for achieving recognition as one of the World’s Most Ethical Companies®. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair.

Renowned for its industry-leading transparency, credibility, and accountability, Trane Technologies has recently earned several new accolades for its ethical conduct and corporate reputation. The company was named to the JUST 100 for the fourth consecutive year, ranking 6th overall and securing the top spot in industry for the third consecutive year. Additionally, Trane Technologies was included in Fortune’s World’s Most Admired Companies list for the 13th consecutive year.

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About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.

About Ethisphere 
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Companies turn ethics, compliance, and culture into a business advantage by leveraging Ethisphere’s data-driven program and culture assessments featuring the latest guidance and the practices of hundreds of global organizations across the 8 pillars of an ethical culture, and 240+ ethics, compliance, social, and governance data points delivered through a proprietary software platform. Ethisphere also honors superior integrity programs through World’s Most Ethical Companies® recognition, brings together a community of industry experts with the Business Ethics Leadership Alliance (BELA), and advances ethical business practices through the Global Ethics Summit, Ethisphere Magazine and the Ethicast podcast. For more information, visit https://ethisphere.com.

Cummins

Cummins Inc. announced the acquisition of assets of First Mode, a leader in retrofit hybrid solutions for mining and rail operations. The acquisition includes hybrid mining and rail product lines, and the full IP portfolio which includes hydrogen and battery powertrain solutions. This technology represents the first commercially available retrofit hybrid system for mining equipment, significantly reducing total cost of ownership (TCO) while advancing decarbonization in operations.

In addition, Cummins is acquiring First Mode’s commercial portfolio, manufacturing and technical teams in Australia, the United States and Chile. First Mode will continue to serve customers through the transition and is dedicated to meeting customers’ needs by shipping product in Q1.

This acquisition reinforces Cummins’ commitment to providing innovative and effective decarbonization solutions and will allow the company to elevate our product portfolio while meeting the needs of our customers on their transition to a lower-carbon future. First Mode will operate within the Power Systems industrial segment.

“This acquisition is an important step forward in our goal to lead our Power Systems customers through the energy transition,” said Jenny Bush, President of Power Systems at Cummins. “With First Mode’s hybrid retrofit technology, we are accelerating our ability to provide decarbonization solutions that meet miners’ need to drive down operating costs today.”

A broader commitment to carbon reduction 

Cummins is at the forefront of developing multiple technology pathways to help the mining industry transition to a sustainable future. Through product hybridization and clean fuels such as ethanol and methanol, Cummins is developing bridge technologies that enable miners to maximize the life of existing fleets while reducing carbon emissions.

“Cummins’ dedication to partnering with original equipment manufacturers (OEMs) and miners ensures that these technologies are developed and tested in real-world environments,” Bush added. “With hybrid retrofit kits, modular component upgrades and scalable solutions, we are bringing miners the flexibility and confidence they need to decarbonize operations while adapting to evolving technologies and infrastructure.”

With its vast global service network, Cummins is prepared to support newly developed bridge technologies, ensuring seamless integration and ongoing support for mining and rail applications.

Media Contact

Melinda Koski 
External Communications Director 
317.476.3293