Building a More Sustainable Future

Making the rail industry – the cornerstone of global transportation – more efficient and sustainable is at the heart of what we do at Wabtec and the reason we’re pushing ourselves to better serve our customers, our communities, and the world.


SUSTAINABILITY PRINCIPLES

When it comes to corporate sustainability, Wabtec has a three-pronged approach that includes:

 

Innovating with purpose.

We are committed to developing responsible and sustainable products that minimize our impact on the planet.

Driving responsible operations.

We are committed to providing work environments and products that make safe, productive and efficient use of resources.

Empowering people and communities.

We are committed to driving an inclusive culture grounded in integrity, committed to development of and investment in the communities where our teams live and work.

CORPORATE GOVERNANCE

ESG Materiality Assessment

In 2021, we conducted a comprehensive ESG Materiality Assessment that included stakeholder involvement from employees, customers, shareholders, suppliers and business partners, industry associations, and others to identify material ESG issues facing the Company.

Image
Wabtec ESG Materiality Assessment - Importance to the Company
Material Topics

Alignment to Wabtec's Strategic Sustainability Principles

GHG Emissions
GHG Emissions

Reducing GHG emissions across Wabtec’s value chain and helping Wabtec partners across their value chain reduce GHG emissions. This includes reducing major sources of indirect emissions during the procurement and processing of raw materials, during manufacturing and the operation of our facilities, and during product distribution and end use.

Sustainability Principles:

  • Innovating with Purpose
  • Driving Responsible Operations
Energy and Renewables
Energy & Renewables

Supporting policies and organizational partners that contribute to the renewable energy transition. Contributing to the success of the energy transition by improving the energy efficiency of Wabtec’s products and operations. Integrating renewables into Wabtec’s products and operations and enabling the adoption of new and emerging renewable energy solutions.

Sustainability Principles:

  • Innovating with Purpose
  • Driving Responsible Operations
Innovation and Technology
Innovation & Technology

Capitalizing on opportunities related to new product advancements and innovations that include the adoption of emerging technology to help address key societal and transportation sector challenges. Developing a resilient business model capable of meeting societal expectations for continuous improvement.

Sustainability Principles:

  • Innovating with Purpose
  • Empowering Communities
Business Ethics and Compliance
Business Ethics & Compliance

Upholding ethics and integrity in every aspect of Wabtec’s business by ensuring transparency in all financial practices. Complying with all applicable national and local laws and regulations by promoting practices and policies that encourage reporting instances of non-compliance and by implementing corrective actions that prevent recurrence. Preventing bribery, corruption, and anti-competitive behavior. Promoting ethics and compliance throughout Wabtec’s value chain, especially among suppliers.

Sustainability Principles:

  • Driving Responsible Operations
  • Empowering Communities
Data Privacy & Cybersecurity
Data Privacy & Cybersecurity

Investing in cybersecurity measures and adapting to business risks presented by technology and digitization. Protecting Wabtec’s proprietary information and intellectual property. Ensuring the responsible management and use of data, including data from customers, employees, and consumers. Protecting data collected by Wabtec products.

Sustainability Principles:

  • Innovating with Purpose
LEADING THE WAY IN RAIL

 

Lending our Expertise

Acting on our Sustainability strategy requires engagement with stakeholders and thought leaders outside of our organizational envelope. As a leading player in both the passenger and freight rail sectors and a storied company with more than 150 years of experience driving innovation, we believe that Wabtec, has an obligation to engage in dialogue and drive collaboration. Below is a brief snapshot of how we, as an enterprise, are stepping into leadership and concurrently staying close to industry thought leaders that will help us to advance.

Engaging in Conversation
Image
Wabtec: Engaging in Conversation