In 2024, Knorr Bremse was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Knorr Bremse has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Knorr Bremse are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, Knorr Bremse reported EU Taxonomy-eligible revenues of EUR 3.95 billion, representing 50% of its total turnover. Of this amount, EUR 2.47 billion of Knorr Bremse's revenues was classified as EU Taxonomy-aligned, indicating that 31.2% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Knorr Bremse's taxonomy-aligned revenues increased by 290%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Knorr Bremse's taxonomy-aligned revenues remained relatively stable, indicating that Knorr Bremse maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.
In 2024, Knorr Bremse reported that EUR 3.95 billion of its revenue was eligible under the EU Taxonomy, representing 50% of the company's total turnover. Of this amount, EUR 2.47 billion (31.2% of total revenue) was classified as Taxonomy-aligned. This means that 18.8% of Knorr Bremse's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
In 2024, Knorr Bremse reported that EUR 2.47 billion of its revenue was aligned under the EU Taxonomy, representing 31.2% of its total turnover.
This moderate level of alignment indicates that Knorr Bremse has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Knorr Bremse reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Knorr Bremse reported that EUR 2.45 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 31.1% of the company's total revenue, indicating that Knorr Bremse has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, Knorr Bremse reported EU Taxonomy-eligible CAPEX of EUR 336.00 million, representing 53.3% of its total CAPEX. Of this amount, EUR 110.00 million of Knorr Bremse's CAPEX was classified as EU Taxonomy-aligned, indicating that 17.5% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Knorr Bremse's taxonomy-aligned capital expenditure (CAPEX) increased by 98.86%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Knorr Bremse's taxonomy-aligned CAPEX decreased by 7.89%, suggesting that Knorr Bremse may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, Knorr Bremse reported that EUR 336.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 53.3% of the company's total CAPEX. Of this amount, EUR 110.00 million (17.5% of total CAPEX) was classified as Taxonomy-aligned. This means that 35.8% of Knorr Bremse's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Knorr Bremse reported that EUR 110.00 million of its CAPEX was aligned under the EU Taxonomy, representing 17.5% of its total capital investment.
This moderate level of alignment indicates that Knorr Bremse is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Knorr Bremse reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Knorr Bremse allocated EUR 104.12 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 16.5% of the company's total capital expenditure, indicating that Knorr Bremse is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, Knorr Bremse reported EU Taxonomy-eligible OPEX of EUR 71.00 million, representing 12.6% of its total operating expenses (OPEX). Of this amount, EUR 36.00 million of Knorr Bremse's OPEX was classified as EU Taxonomy-aligned, indicating that 6.3% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Knorr Bremse's taxonomy-aligned operating expenditure (OPEX) increased by 530%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), Knorr Bremse's taxonomy-aligned OPEX decreased by 13.7%, suggesting that Knorr Bremse may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, Knorr Bremse reported that EUR 71.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 12.6% of the company's total OPEX. Of this amount, EUR 36.00 million (6.3% of total OPEX) was classified as Taxonomy-aligned. This means that 6.3% of Knorr Bremse's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Knorr Bremse reported that EUR 36.00 million of its OPEX was aligned under the EU Taxonomy, representing 6.3% of its total operational expenditure.
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
In 2024, Knorr Bremse reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Knorr Bremse allocated EUR 34.97 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 6.2% of the company's total OPEX, indicating that Knorr Bremse has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.