Westinghouse Air Brake Technologies Corp

Wabtec's governance framework provides Board-level oversight of its advocacy but does not include a dedicated process to align lobbying with its climate strategy. The company states that "strategic decisions about particular advocacy positions are made at the highest levels and public policy expenditures are reviewed annually by the Board of Directors," and that its Nominating and Governance Committee "assists the Board in its oversight of ... public policy and advocacy efforts," illustrating that advocacy activities are tracked and reviewed. It also notes collaboration with industry bodies, observing that "Wabtec collaborates with industry organizations such as Association of American Railroads (AAR) and Railsponsible" and that "key Wabtec employees serve on committees of these organizations and engage with industry peers on the issues surrounding the impact of climate change." However, the company does not disclose any specific policy or procedure to ensure that either its direct lobbying or its engagement through trade associations aligns with its climate change goals, and it confirms that it has no commitment to align with the Paris Agreement and "does not plan to have one in the next two years."