Shape the mobility of the future with us: As a successful global player in the mobility industry, Knorr-Bremse actively supports its customers in the shift to greener forms of transport. To achieve this, we develop solutions for safe, efficient and sustainable transport by road and rail. Sustainability is an integral part of Knorr-Bremse’s corporate identity, anchored in our corporate strategy and underpinned by concrete targets.
We set ourselves high sustainability standards and pursue them by acting responsibly towards our employees, partners, the environment and society. In this way, we endeavor to help the economy and society to develop in a sustainable manner. We support the United Nations Sustainable Development Goals (SDGs), are committed to the principles of the UN Global Compact and contribute to the goals of the Paris Climate Agreement through our climate strategy. You can find detailed information on our company-wide commitment to sustainability in our Sustainability Report 2023 .
Contact
80809 München
Deutschland - Germany
sustainability@knorr-bremse.com
Info
Online Sustainability Report 2023
In our online Sustainability Report 2023, you can find out just how deeply sustainability is ingrained in our corporate organization, and discover the many methods and initiatives we use to pursue our sustainability objectives. Interested? Then browse through our Sustainability Report 2023 !
Sustainability strategy
Knorr-Bremse wants to help ensure that the world remains a livable place in the future. We are aware of our ecological and social responsibility as a business. We assume this responsibility by committing to sustainable corporate governance and anchoring sustainability in our corporate organization and business processes. Our sustainability strategy aims to continuously improve our sustainability performance in all areas of value creation. We consistently drive forward the appropriate measures across the three areas of ESG (environment, social, governance).
Our ESG targets
Knorr-Bremse has set itself ambitious, long-term, quantitative sustainability targets across the value chain:
In addition, we have integrated short-term targets for energy efficiency, occupational safety and ESG ratings into the remuneration structure for top management. These targets help us to steer the company towards sustainability.
Ratings and rankings
Knorr-Bremse has frequently received above-average ratings for its sustainability measures. We use the following external assessments to analyze and continuously improve our sustainability performance.
S&P Global Corporate Sustainability Assessment
Knorr-Bremse scored 55 out of 100 points (2023: 51, 2022: 50), reflecting an improvement of four points since the last years. (as of September 2024)
The S&P Global Corporate Sustainability Assessment considers economic as well as ecological and social criteria according to the best-in-class principle. The most sustainable companies in a sector are included in the index.
ISS ESG
Knorr-Bremse has maintained its Prime Status “B-” in 2024 (2023: B-, 2022: C+). This puts Knorr-Bremse in the top 11% of companies in its industry. (as of September 2024)
ISS ESG rates the sustainability performance of companies on a scale from “A+” to “D-”.
Morningstar Sustainalytics
Knorr-Bremse received an ESG Risk Rating of 16.6 and was assessed to be at low risk (top 5% within its peer group). (as of November 2024)
Sustainalytics assesses ESG risks according to five risk categories (negligible, low, medium, high, severe).
Morningstar Sustainalytics Website
©2023 Morningstar Sustainalytics. All rights reserved. Further information at Sustainalytics
CDP
Knorr-Bremse has received an improved rating of “A-” for transparency and performance in climate protection (2022: C, 2021: B). This puts Knorr-Bremse at the CDP Leadership Level and above the European average (B) and the global sector average (C). Within its peer group, Knorr-Bremse is in the top 21%. (as of February 2024)
CDP rates companies in terms of climate protection on a scale from “A” to “D-”.
EcoVadis
Knorr-Bremse is currently scored with Gold (2023: Silver status; 2022: Silver status) and is therefore among the top 3% of companies in the comparison group. (as of April 2024)
EcoVadis evaluates companies from 180 countries in four categories – Environment, Labor & Human Rights, Ethics and Sustainable Procurement – and awards Platinum, Gold, Silver or Bronze status.
MSCI
Knorr‑Bremse’s rating of “AA” was confirmed for the reporting year 2023 (2022: AA, 2021: A), the second-best of seven categories. (as of January 2024)
MSCI ESG ratings evaluate companies on a scale from “AAA” to “CCC” in terms of their industry-specific ESG risks and their risk management.
© 2024 MSCI Inc. All rights reserved. Further information at MSCI