Knorr-Bremse Publishes Inaugural Green Finance Framework

Knorr-Bremse Aktiengesellschaft has issued its first Green Finance Framework. This move aligns with the company's environmental protection and decarbonization goals. It will integrate sustainability into its financing structure.

Moody’s Investor Service has validated the framework's compliance with the International Capital Market Association’s Green Bond Principles. It assigned a SQS2 sustainability quality score (very good).

The framework allows Knorr-Bremse to finance or refinance projects in clean transportation, renewable energy, energy efficiency, and green buildings. Eligible projects must meet EU Taxonomy's criteria.

This initiative follows previous sustainable finance efforts, including an ESG-Linked Revolving Credit Facility and a Sustainability-Linked Bond in 2022.