Wabtec
Wabtec Corporation, a leading player in the transportation and logistics industry, is headquartered in the United States. Founded in 1999, Wabtec has established itself as a key provider of technology-based solutions for the rail and transit sectors, with significant operations across North America, Europe, and Asia. The company specialises in a diverse range of products and services, including braking systems, train control technologies, and freight and transit solutions, all designed to enhance safety and efficiency. Wabtec's commitment to innovation has positioned it as a market leader, with notable achievements in sustainability and digital transformation. With a strong focus on customer-centric solutions, Wabtec continues to drive advancements in the rail industry, making it a vital partner for operators worldwide.
DitchCarbon Score
How does Wabtec's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Rubber and Plastic Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Wabtec's score of 32 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wabtec's reported carbon emissions
In 2022, Wabtec Corporation reported total Scope 1 and 2 emissions of approximately 235,000,000 kg CO2e. This marked a slight increase from 2021, where emissions were about 238,000,000 kg CO2e. The company has set an ambitious target to reduce its absolute Scope 1 and 2 emissions by 50% by 2030, using 2019 as the baseline year. This commitment aligns with the Paris Agreement's goal of limiting global temperature rise to below 1.5 degrees Celsius. In 2021, Wabtec's emissions were broken down into Scope 1 emissions of about 136,504,000 kg CO2e and Scope 2 emissions of approximately 101,873,000 kg CO2e (market-based). The company has demonstrated a proactive approach to sustainability by replacing previous greenhouse gas and energy intensity goals with this absolute emissions reduction target. Wabtec's emissions data for 2020 showed a total of about 384,475,000 kg CO2e, while in 2019, the total was approximately 365,000,000 kg CO2e. The company continues to disclose its emissions across all relevant scopes, including Scope 3, which accounted for a staggering 48,600,000,000 kg CO2e in 2022, indicating significant upstream and downstream impacts. Overall, Wabtec's climate commitments reflect a strong dedication to reducing its carbon footprint and contributing to global sustainability efforts.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Wabtec is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
