Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »



Rail News Home Rail Industry Trends

11/16/2021



Rail News: Rail Industry Trends

Wabtec publishes 2021 sustainability report


advertisement

Wabtec yesterday yesterday released its 2021 sustainability report, which highlights the company’s key progress in its environmental initiatives.

Wabtec, in a press release cited the following sustainability achievements:
• completion of Wabtec’s first comprehensive Environmental, Social and Governance (ESG) Materiality Assessment that included stakeholder involvement to identify material ESG issues;
• publication of the Green Finance Framework, which will use green financing instruments to accelerate the development of technologies that enable sustainable value creation;
• alignment with the United Nations’ Sustainable Development Goals, which represent a global agenda to address the the world's most pressing challenges, including climate action; and
• third-party verification of Wabtec’s Scope 1 and 2 greenhouse gas emissions data, as well as water consumption data in water-scarce areas, for the period from Jan. 1, 2020, to Dec. 31, 2020.

"Driving sustainable improvements is a journey that requires dedication and focus. We are committed to mitigating the impacts of climate change within our products and operations, doing more to create a diverse workforce, and empower our people,” said Wabtec President and CEO Rafael Santana.

To read the full report, click here.



Contact Progressive Railroading editorial staff.

More News from 11/16/2021