- Market entering a cycle of decline, with expected production volume reduction by almost half by 2024.
- Shortage of wheels, steel castings, and other components at the beginning of 2019.
- Falling export prices for cargo transported by rail.
- Non-compliance with certain financial and non-financial covenants set out in loan agreements.
Public Joint Stock Company «Research and production corporation «United Wagon Company»
Greenhouse gas emissions & sustainability report data
In its 2019 reporting, Public Joint Stock Company «Research and production corporation «United Wagon Company» disclosed greenhouse gas emissions of 3.3K tonnes (atmospheric emissions at Tikhvin Industrial Site). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
3.3K tonnes (atmospheric emissions at Tikhvin Industrial Site)
2019
Waste
158.0K tonnes (Tikhvin industrial site)
2019
✅ Reported Environmental Achievements
- Spent RUB 87.4 million on environmental protection (4% more than in 2018).
- Reduced atmospheric emissions by 6.7% compared to 2018 (when including CHPP).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase transportation revenue.
- Fully liquidate Lease segment by the end of 2020.
- Manufacture 270 articulated flat cars for Deutsche Bahn.
🔭 Long-term
- Maintain leadership in the railcar industry in the Russian Federation and boost the Company’s value for all shareholders.
🌱 ESG Focus Areas
Environmental ProtectionHR ManagementOccupational Health and SafetyDevelopment of the Regions of Presence