# Artboard 1

TCFD Reference Table

Knorr‑Bremse follows the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and amendments of established reporting standards relating to the publication of climate-related risks and opportunities. In the CDP Climate Change Request 2023, Knorr-Bremse reports key figures, risks, and opportunities as well as strategies for the management of climate-related issues. In addition, a cross-functional working group was set up in 2021 to develop measures for the implementation of the TCFD recommendations. The focus in this context was in particular on identifying relevant risks and opportunities across the value chain and integrating these topics into risk management. Taxonomy-related information was already added to the TCFD reference table in 2022. The following table describes the results in accordance with the TCFD recommendations.



Risk Management

Key Figures and Targets