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Wabtec Corporation, a leading player in the rubber and plastic products industry, is headquartered in the United States. Founded in 1999, Wabtec has established itself as a key provider of innovative solutions across various sectors, including transportation and industrial applications. The company is renowned for its advanced manufacturing capabilities and commitment to sustainability, offering a diverse range of core products such as braking systems, couplers, and other essential components for rail and transit systems.
With a strong presence in North America and expanding operations globally, Wabtec has achieved significant milestones, including strategic acquisitions that enhance its market position. The company's focus on quality and technological advancement sets it apart, making Wabtec a trusted partner in the rubber and plastic products sector.
+25 vs industry average
Wabtec’s score of 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rubber and Plastic Products is among the most carbon-intensive industries
The Rubber and Plastic Products industry has reduced its overall emissions by 30% since 2018
Scope 3 accounts for ••• of total emissions.
Wabtec, a US-headquartered company in the Rubber and Plastic Products industry, has set ambitious climate targets. For 2025, the company projects its total carbon emissions to be approximately 58.4 billion kg CO2e. This includes about 131.1 million kg CO2e from Scope 1 emissions, approximately 98.5 million kg CO2e from market-based Scope 2 emissions, and a substantial 58.3 billion kg CO2e from Scope 3 emissions, with a significant portion (56.4 billion kg CO2e) attributed to the use of sold products.
In 2024, Wabtec reported total carbon emissions of approximately 54.3 billion kg CO2e. This figure comprised about 139.1 million kg CO2e from Scope 1, approximately 104.8 million kg CO2e from market-based Scope 2, and 54.0 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions included the use of sold products (about 52.4 billion kg CO2e), purchased goods and services (approximately 1.2 billion kg CO2e), and upstream transportation and distribution (about 165.6 million kg CO2e).
Looking back to 2022, Wabtec's total carbon emissions were approximately 50.3 billion kg CO2e, consisting of about 129.8 million kg CO2e from Scope 1, approximately 105.5 million kg CO2e from market-based Scope 2, and 50.0 billion kg CO2e from Scope 3. The use of sold products constituted approximately 48.6 billion kg CO2e of the Scope 3 total.
Wabtec is committed to substantial emissions reductions. The company has set a near-term absolute GHG reduction goal to decrease its Scope 1 and Scope 2 emissions by 50% by 2030, using a 2019 baseline. This target was established in 2022, replacing previous GHG and energy intensity goals. Furthermore, Wabtec is working towards the capability for new and modernized high-HP freight locomotives to run on 100% biofuel (B20/R80) in North America by 2026, with a global target for new and modernized freight locomotives by 2030.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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