Knorr Bremse AG

Common Name
Knorr Bremse
Country
Germany
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
29,051
Ticker
KBX
Exchange
XETRA
Description
Knorr-Bremse AG is a leading global manufacturer of braking systems for rail and commercial vehicles. Its primary function is to ensure safety and performance reliability in transportation via its inn...

Knorr Bremse's Climate Target Data Preview

As of 2023, Knorr Bremse has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Knorr Bremse ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Knorr Bremse's Greenhouse Gas Emissions Pathways

As of 2023, Knorr Bremse has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Knorr Bremse have a target to reduce the emissions from its operations?

As of 2023, Knorr Bremse has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Knorr Bremse's most ambitious operational target is to reduce these emissions by 75% by 2030, compared to a baseline of 157,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Knorr Bremse is ahead of schedule on its operational emissions reduction target, having achieved 93.41% of the planned reduction.

Knorr Bremse's Operational (Scope 1+2) Emissions Pathway

201820232030040 k80 k120 k160 kBaselineCurrent (-70%)

Does Knorr Bremse have a target to reduce the emissions from its value chain?

As of 2023, Knorr Bremse has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

Knorr Bremse's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 38,317,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

Instead of reducing value chain emissions, Knorr Bremse has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

Knorr Bremse's Value Chain (Scope 3) Emissions Pathway

202120232030015 M30 M45 M60 MCurrent (+10%)Target 2030 (-25%)
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