Source: Knorr-Bremse announcement

MUNICH — Knorr-Bremse, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, has again been ranked in the top five percent of all companies assessed and rated for sustainability by EcoVadis. Once again, Knorr-Bremse was awarded Gold status for this year’s sustainability performance.

Frank Markus Weber, Executive Board Spokesperson and Chief Financial Officer of Knorr-Bremse AG, had this to say: “Climate action is at the heart of our ecological efforts, simply because playing a leading role in environmental protection and ongoing decarbonization is a key part of Knorr-Bremse’s long-term strategy.

“Last year, as part of the plan set down in our Climate Strategy 2030, we achieved carbon neutrality across all Knorr-Bremse sites, and we’re also on track to halve our carbon emissions by 2030.

“In this year’s EcoVadis rating, we further improved our environment-related scores. The fact that we were again awarded Gold status is an important indication that our sustainability initiatives are making excellent progress. And of course we continue to further enhance our activities in this area in close consultation with our stakeholders.”

EcoVadis is regarded as one of the world’s most prestigious providers of corporate sustainability ratings. Every year, the EcoVadis Sustainability Assessment closely scrutinizes companies’ sustainability performance in multiple categories, including environment, labor and human rights, ethics, and sustainable procurement. The assessment is based on information gathered from over 2,500 publicly available sources.

Further details of Knorr-Bremse’s sustainability initiatives and performance indicators can be found in the company’s Sustainability Report 2021 by clicking HERE.