The company is focused on creating a sustainable future through innovative technologies, responsible operations, and empowering people and communities. “At Wabtec, we remain committed to be part of the solution and to slow the speed of global climate change by taking action within our own operations and bringing products to market that drive sustainable value for our customers. The company is committed to expanding its ESG goals to ensure they serve employees, customers, communities, and shareholders in more sustainable ways. Wabtec strives to develop new, more sustainable products and services across its portfolio to reduce the impact on the environment. Demonstrating Wabtec’s focus on continuous improvement, the sustainability report detailed key commitments related to its climate action plan such as: Setting a new near-term absolute greenhouse gas (GHG) reduction goal to reduce its Scope 1 and 2 GHG emissions by 50% by 2030, from a baseline of 2019 . Committing to disclose Wabtec’s Scope 3 GHG emissions across its full value chain this year. Committing to set near-term targets next year for categories of Scope 3 GHG emissions material to Wabtec, Wabtec took several actions to advance its ESG strategy and goals, including: Joining the United Nations (UN) Global Compact, demonstrating the company’s existing and ongoing commitment to the universal sustainability principles promoted by the organization Partnering with industry to accelerate the development, validation, and adoption of lower carbon fuels and alternative clean energy technologies for the freight rail industry Joining Europe’s Rail Joint Undertaking (ERJU) as a founding member; A follow-up to the Shift2Rail initiative, ERJU is a partnership between Europe’s major railway stakeholders that aims to create a more modern and sustainable European railway system Reducing the greenhouse gas emissions intensity by 20% across the company’s global operations