Annual Report 2010 - Knorr-Bremse AG.

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Responsibility
Sustainability and responsibility are increasingly important elements of modern corporate
governance. Knorr-Bremse is therefore expanding its activities in the area and integrating them
into its overall corporate strategy.
A family business like Knorr-Bremse sets great store by sustainability and responsibility. As part of its
long-term business planning process the company has drawn together its business, environmental
and social activities and formulated a corporate social responsibility strategy. And by signing up to the
United Nations Global Compact, Knorr-Bremse has publicly signaled its commitment to the ten globally
recognized basic principles that are also part of its own corporate culture.
Corporate social responsibility strategy
The corporate social responsibility strategy that Knorr-Bremse has developed in collaboration with
several of its divisions forms an integral part of the Group’s overall corporate strategy. It systematizes
the company’s responsibilities for the environment, the workforce and society in general and determines
the main focus of its future activities in the area. The overarching objective is to use its global
and local activities in the field of corporate responsibility to develop the business and strengthen
corporate culture, protect against risks, contribute towards sustainable development and create a
positive public image for the Group.
Knorr-Bremse will focus its activities on six areas in future. Measures in the field of “Products and Partners”,
for example, are designed to support customers in saving energy and conserving sources and
help business partners to achieve higher environmental and social standards.