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Annual Report 2012 - Knorr-Bremse AG.

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<strong>Report</strong><br />

103<br />

FIT – reliability and efficiency of IT systems<br />

Within the FIT initiative (Finance & IT Excellence), <strong>Knorr</strong>-<strong>Bremse</strong> has adopted a structured approach to<br />

establishing best-in-class processes in the finance and IT fields. FIT provides effective support for all<br />

planning and operational processes through reliable IT systems. Against this backdrop, the <strong>Knorr</strong>-<br />

<strong>Bremse</strong> SAP system was migrated to a new, efficient platform in the “<strong>Knorr</strong>-<strong>Bremse</strong> Cloud”. In addition,<br />

project portfolio management in the IT field was restructured, global processes were introduced and<br />

cooperation with specialist departments was reorganized to make it more efficient. Other key areas<br />

of the FIT initiative include improving the efficiency of the entire planning system by slimming down<br />

procedures, and adapting to increased market volatility.<br />

ECCO 2<br />

– an efficient contribution to environmental and climate protection<br />

Through its ECCO 2<br />

(Efficient Cut of CO 2<br />

) initiative, <strong>Knorr</strong>-<strong>Bremse</strong> is aiming to make a sustained contribution<br />

to environmental and climate protection. In 2009, the Group adopted the target of improving<br />

its energy efficiency by 20% and thereby cutting CO 2<br />

emissions by 20% by 2020. To this end, <strong>Knorr</strong>-<br />

<strong>Bremse</strong> adopted a comprehensive raft of measures, ranging from waste heat recovery through more<br />

efficient energy use in production operations to heightening environmental awareness among employees.<br />

Thanks to the measures deployed, it has already been possible to improve energy efficiency<br />

by more than 20%, with a corresponding reduction in CO 2<br />

emissions. In absolute terms, the <strong>Knorr</strong>-<br />

<strong>Bremse</strong> Group achieved savings amounting to almost 10% of its annual energy consumption, and<br />

CO 2<br />

emissions were reduced accordingly in the year under review. <strong>Knorr</strong>-<strong>Bremse</strong> is committed to<br />

pursuing this initiative consistently with a view to ensuring the efficient use of energy going forward.<br />

PEX - top-class human resource and executive development<br />

PEX – People Excellence – is a human resource and executive development initiative launched by<br />

<strong>Knorr</strong>-<strong>Bremse</strong> in 2010. The aim of the initiative is to introduce the basic elements of human resource<br />

development throughout the Group and to foster the ongoing development of a corporate leadership<br />

culture. In <strong>2012</strong>, the process environment was further expanded. Furthermore, for the first time<br />

<strong>Knorr</strong>-<strong>Bremse</strong> defined uniform leadership principles. In addition, employee communications were<br />

intensified and supplemented by a new intranet. The measures adopted as part of the PEX initiative<br />

in the year under review again helped to improve the quality of human resources work throughout<br />

the Group and build up an excellent people management system.

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