Stadler Rail

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

No leading practices were identified for this company.

Stadler Rail has set targets to reduce its scope 1 and 2 emissions by 50% by 2030 and by 100% by 2050, compared to 2022. Additionally, the company aims to increase its recycling rate to 60% by 2030. Between 2021 and 2023, Stadler’s scope 1 and 2 emissions decreased at a rate aligned with the company’s 1.5°C pathway. Stadler does not disclose its scope 3 emissions, nor has it set any targets to reduce these emissions. The company does, however, expect to introduce comprehensive accounting of scope 3 emissions by 2025 and set a corresponding reduction target.

Although Stadler has implemented board-level oversight of climate change, there is no evidence that its board has adequate climate expertise. Stadler discloses some elements of transition planning, such as commitments to reduce emissions including upstream, in-house and downstream segments. However, the company does not include any financial content, management incentives or a carbon price. Moreover, Stadler has not conducted climate change scenario analysis to inform its transition plan or business strategy. Nevertheless, there is evidence that the company is creating new low-carbon business models, such as manufacturing of hydrogen-powered trains.

Stadler Rail reported a capital expenditure (CapEx) of USD 271.4 million in 2023. However, the company does not disclose the share destined for low-carbon and mitigation technologies. Further, Stadler’s share of low-carbon research and development (R&D) expenditure only accounted for 8.5% of its total R&D spending of USD 39.3 million in 2023.

There is no evidence that Stadler Rail has any strategy or major initiatives to drive emissions reduction in its supply chain. The company should include greenhouse gas (GHG) emissions reduction requirements or other low-carbon transition-related recommendations for suppliers. Further, the company does not report any client engagement strategy. Although Stadler publicly supports climate initiatives such as the Paris Agreement, the company does not disclose a policy to manage engagement with trade associations on climate change issues. There is no evidence that Stadler publicly publishes an action plan addressing its response when its membership associations, alliances, coalitions or think tanks are found to take a climate-negative stance.

No evidence was found of the company’s commitment to social dialogue or of the categories of stakeholders the company engages with on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders. No evidence was found of the company undertaking low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment was found stating the company’s intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found of the company’s actions to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups. Additionally, no relevant disclosure was found of the company’s assessment of employment dislocation risks. The company discloses the actions it takes to provide reskilling and upskilling opportunities for workers and affected stakeholders. For instance, it offers an apprenticeship programme that provides apprentices with comprehensive training in various professions in the mechanical engineering and metal working industries. However, no relevant disclosure was found of the company embedding equality of opportunity for women and vulnerable groups in these actions. Furthermore, no evidence was found of the company having a process for identifying skills gaps for workers and affected stakeholders or a public commitment to help workers displaced by the transition to reskill or upskill.

No relevant disclosure was found to show if the company identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders. No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

Stadler commits to respecting human rights and the ILO fundamental rights at work, and it expects its business relationships to respect the ILO fundamental rights at work. However, no evidence was found of the company’s process to identify, assess and mitigate salient human rights risks in its own operations and its supply chain. Moreover, no evidence was found of Stadler disclosing the stakeholders whose human rights have been affected by its activities. The company does, however, have a grievance mechanism available to workers and external stakeholders.

No evidence of the company’s policies or commitments related to key decent work issues was found in the public domain. These issues include the provision of safe, secure and healthy workplaces, where workers are fairly remunerated and have a meaningful say in decision-making.

No policies or commitments of the company related to key ethical business topics – personal data protection, tax, bribery and corruption, and lobbying and political engagement – were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its relationships with business partners.