Carbon Disclosure Project recognizes Kapsch TrafficCom
Vienna, February 15, 2024 – For the second year in a row, Kapsch TrafficCom received the third-highest grade (out of eight) in the yearly Carbon Disclosure Project.
The score recognizes the coordinated action on climate issues that the company undertakes. Kapsch TrafficCom is ranked higher than its contemporaries in the electrical and electronic equipment sector, which underlines the company’s commitment to sustainability and climate protection.
The CDP report particularly recognizes the initiatives to reduce emissions and produce low carbon products of Kapsch TrafficCom. Products like the TÜV- and EU Taxonomy-aligned On-Board Unit TRP 4010 are best-in-class when it comes to sustainability and resource-efficiency. Additionally, the company’s tolling and traffic management technologies are important tools for cities and authorities when it comes to making mobility more sustainable.
Juliane Höbarth, Sustainability Manager at Kapsch TrafficCom, comments on the good CDP performance: “We are pleased with our CDP score as it reflects our ongoing efforts to be at the forefront of sustainable innovation within our industry. This recognition encourages us to continue our work in reducing our environmental impact and contributing positively to the fight against climate change. Our commitment to sustainability is a core part of our business strategy, and we aim to lead by example, showing that technological advancement and environmental responsibility can go hand in hand.”
CDP is a non-profit organization that runs the world’s leading environmental disclosure platform. This initiative is highly renowned as more than 18,700 companies have already disclosed their environmental impact through their platform. Kapsch TrafficCom is proud to take part in this important program.
Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.
With one-stop-shop solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.
Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2022/23 financial year, about 4,000 employees generated revenues of EUR 553 million.