Strategy & Management.
Our Group-wide CR strategy defines how we systematically implement our voluntary commitment to responsible business practices.
For Knorr-Bremse, corporate responsibility means creating sustainable value, managing the company sustainably and always conducting business correctly, in accordance with legal and ethical principles. We see it as self-evident that business should be done fairly.
Values and Corporate Responsibility Guidelines
Doing business responsibly is an integral part of our values and principles. Our five corporate values – Entrepreneurship, Technological Excellence, Reliability, Passion, Responsibility – provide the foundation for our actions and describe who we are. Internal guidelines express in concrete terms how we implement our values in our day-to-day work and form the basis for all our employees to act upon:
- Corporate Responsibility Guidelines
- Code of Conduct for Employees
- Code of Conduct for Suppliers
- Procurement Quality Standards
- HSE Policy (health, safety and environmental protection)
- Leadership Principles
- Local Care Principles
To ensure that we fulfil our corporate responsibility, we are also guided by internationally recognized principles and standards:
- Principles of the UN Global Compact in the areas of human rights, labor standards, environmental protection and the fight against corruption
- Principles of the International Labor Organization (ILO) conventions
- Guiding principles for business and human rights of the United Nations
- Charter for sustainable development of the International Association of Public Transport (UITP Charter)
- Standards of the international standardization bodies such as ISO 14001, ISO 50001 and ISO 45001
Knorr-Bremse and the Sustainable Development Goals
Knorr-Bremse supports the 17 global Sustainable Development Goals (SDGs) approved by the United Nations. We are already contributing to the SDGs through many of our products, services and other activities. To strengthen this contribution further, our employees decided to concentrate our activities on the following SDGs, both now and in the future: Gender Equality (SDG 5), Decent Work and Economic Growth (SDG 8), Industry, Innovation and Infrastructure (SDG 9), Responsible Consumption and Production (SDG 12) and Climate Action (SDG 13).
Through the activities of Knorr-Bremse Global Care, Knorr- Bremse is also making major contributions to SDG 4 (Quality Education) and SDG 6 (Clean Water and Sanitation).
Corporate Responsibility Action Areas
Knorr-Bremse has structured the content of its CR activities by dividing them into the following six action areas. The first and last action area form the framework, by defining the strategy and how we aim to communicate, while the middle four action areas specify how CR is implemented in our operations:
Strategy and Management
With the goal of sustainable value creation, we incorporate sustainability factors into our strategic planning and operational processes.
Products and Partners
We want to combine maximum customer benefit with sustainable value creation. We cooperate closely with our customers and suppliers to jointly improve the safety, quality and environmental and social compatibility of our products.
Employees and Management
We offer an attractive and safe working environment in which trust, teamwork, equal opportunities and fair and respectful treatment of one another are both valued and practiced.
Environment and Climate
We endeavor to make responsible use of resources. We seek to minimize negative impacts on nature and the environment and to avoid these altogether where possible.
Commitment and Society
We take our responsibility as a good Corporate Citizen seriously and support social and community causes all over the world.
Communication and Cooperation
We maintain an open and constructive dialog with our various stakeholders and inform them regularly and transparently about how we are performing in the area of sustainability.
Corporate Responsibility Management
Our Corporate Responsibility Management system ensures the CR strategy is implemented consistently throughout the company. To this end, we have created appropriate organizational structures:
Corporate Responsibility Organization
The CR Council, which discusses and makes decisions on matters of corporate responsibility, is comprised of one member of the Executive Board, two representatives of top management in the two corporate divisions, the chair of the charitable association Knorr-Bremse Global Care and the Head of the Corporate Responsibility department.
The CR department identifies relevant priorities, defines objectives in coordination with the CR Council, and derives concrete measures. Ultimately the business areas are responsible for successfully implementing CR projects.
Corporate Responsibility Program
The strategic issues we address within our six CR areas are drawn from the results of our materiality analysis and the United Nations Sustainable Development Goals (SDGs). Our due diligence procedures for the key issue of human rights are based on the United Nations Universal Declaration of Human Rights.
All of these issues are specifically addressed within Knorr-Bremse’s CR program. The program is approved by Knorr-Bremse’s CR Council and its progress is regularly reviewed.
We maintain an ongoing exchange with internal and external stakeholders. This leads to ideas for further improvements to our CR management. For instance, we regularly analyze customer requirements and market trends, include them in our CR action areas and develop measures based on them.
Further information on our CR strategy.