Environment and climate protection

The primary focus of the Vossloh Group is generally geared towards making efficient use of resources and minimizing environmental impact. The continuous optimization of the use of materials, energy and personnel as well as the ongoing enhancing of processes are an integral part of day-to-day business for business management reasons alone. This applies to the manufacture of rail infrastructure products as well as the provision of rail track services. In addition, environmental officers have been appointed to tackle relevant issues at the Group companies’ sites and corresponding reporting systems have been installed. As of December 31, 2021, 83 percent (previous year: 72 percent) of the Vossloh workforce was employed at a unit bearing ISO 14001 certification.

In terms of “Environment & climate protection”, Vossloh identified the five issues as relevant in the 2021 materiality analysis. In addition, a Group-wide sustainability initiative has been defined with the aim of gradually achieving climate neutrality (Scope 1 and Scope 2) by 2030. Achieving this aim is measured using the indicators CO2e emissions (CO2 equivalent), CO2e intensity (CO2e/sales revenues) and energy intensity (energy consumption/sales revenues). To this end, a detailed determination of energy consumption in accordance with uniform Group-wide specifications was initiated, and work began on a detailed plan of measures for reducing CO2e emissions year by year. Measures are focused on concretely reducing direct and indirect CO2e emissions. In addition, Vossloh is looking at a compensation program in the coming years to offset any remaining, unavoidable emissions within the Vossloh Group.