In 2023, Wabtec completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Wabtec has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Wabtec amounted to 228,037 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Wabtec decreased by 15.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
In 2023, the total Scope 1 emissions of Wabtec were 131,344 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Wabtec's Scope 1 emissions have decreased by 16.83%, reflecting a declining long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2022), Wabtec's Scope 1 emissions increased by 1.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
In 2023, Wabtec reported Scope 2 greenhouse gas (GHG) emissions of 96,693 tCO₂e using the market-based method. a
In 2023, Wabtec reported its Scope 2 emissions using the market-based method. a
In 2023, Wabtec reported 52,664,991 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Wabtec includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, down from 10 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
In 2023, Wabtec reported total Scope 3 emissions of 52,664,991 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Wabtec's Scope 3 emissions remained relatively stable, indicating that Wabtec 's emissions have plateaued with no significant change in its value chain footprint. a b
In 2023, Wabtec reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Wabtec's Scope 3 emissions were: a
In 2023, Wabtec reported Scope 1 greenhouse gas (GHG) emissions of 131,344 tCO₂e and total revenues of USD 9,677 millions. This translates into an emissions intensity of 13.57 tCO₂e per millions USD. a
In 2023, Wabtec reported a Scope 1 emissions intensity of 13.57 tCO₂e per millions USD. Compared to the peer group median of 16.5 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, Wabtec ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Wabtec is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, Wabtec reported a total carbon footprint of 52,893,028 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.22% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Wabtec's total carbon footprint was Scope 3 emissions, accounting for 99.57% of the company's total carbon footprint, followed by Scope 1 emissions at 0.25%. a