Wabtec recognizes the urgent need to lower the impacts of climate change to preserve a sustainable future for generations to come. We have aligned our operational framework with the science-based goal of limiting the Earth’s temperature increase. Climate action is a core component of our sustainability strategy, and we set targets to allow our stakeholders to measure our steady progress.
Wabtec's Science-based Target 2:
Achieve 50% reduction in Scope 1 and 2 GHG emissions by 2030, from a 2019 baseline
2 Targets are considered ‘scienced-based’ if they align with what the latest climate science deems necessary to meet the goals of the Paris Agreement. Today, that means limiting global warming to well-below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C.
When our absolute reduction target of Scope 1 and 2 GHG emissions was established in 2022, a roadmap was developed for achieving this target over a 7-year time horizon. The roadmap outlines our energy management strategies, energy reduction projects, and investment in renewables at our manufacturing sites. Our key priorities are to streamline the Company's global footprint, optimize energy use across processes and infrastructure, and integrate on-site renewable sources.
Large Wabtec sites conduct regular energy audits, at least annually, that are aligned with best practices. These assessments, led by internal and external experts, result in the identification and prioritization of opportunities for improved energy and resource efficiency, and strategies to address them such as intelligent controls and building automation, upgrades to LED lighting, waste heat recovery, compressed air, and equipment upgrades.
Check out the Company's latest sustainability report to view our progress.