Sustainability.

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 2022 .

Contact

Corporate Sustainability Knorr-Bremse AG

Moosacher Straße 80
80809 München
Deutschland - Germany

Phone: +49 89 3547-0
sustainability@knorr-bremse.com

Info

Online Sustainability Report 2022

In our online Sustainability Report 2022, 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 2022 !

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:

  • Reduce production-related CO₂e emissions (Scope 1 and 2) by 75% by 2030 (base year 2018)
  • Reduce significant CO₂e emissions from the upstream and downstream value chain (Scope 3) by 25% by 2030 (base year 2021)
  • Long-term target of net zero emissions (Scopes 1 to 3) by 2050

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 51 out of 100 points (2022: 50, 2021: 52), putting it in the top 21% of its peer group.

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.

S&P Global Corporate Sustainability Assessment Website

ISS ESG

Knorr-Bremse has improved to Prime Status “B-” (2022: C+, 2021: C+). This puts Knorr-Bremse in the top 12% of companies in its industry.

ISS ESG rates the sustainability performance of companies on a scale from “A+” to “D-”.

ISS ESG Website

Morningstar Sustainalytics

Knorr-Bremse was assigned 13.8 out of a total of 100 risk points (2022: 19.5; 2021: 18.9) and is therefore classified as low risk (top 1% within its peer group).

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%.

CDP rates companies in terms of climate protection on a scale from “A” to “D-”.

CDP Website

EcoVadis

Knorr-Bremse was awarded Silver status for 2023 (2022: Silver status; 2021: Gold status). We are therefore in the top 11% of companies in the peer group.

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.

EcoVadis Website

MSCI

In 2023, Knorr-Bremse was awarded an “AA” rating (2022: AA, 2021: A), the second-best of seven categories.

MSCI ESG ratings evaluate companies on a scale from “AAA” to “CCC” in terms of their industry-specific ESG risks and their risk management.

MSCI Website

© 2024 MSCI Inc. All rights reserved. Further information at MSCI

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