Gender equality and equal opportunities

As a matter of principle, Vossloh promotes equal opportunities for men and women. The Diversity, Equality and Inclusion Policy, which was revised in 2021, provides the Group-wide framework for various initiatives in this area, i.e. in raising awareness among managers, selecting employees for high-potential programs, filling vacant positions or as part of the life-phase-oriented HR policy. In the Customized Modules division, the “All on track” initiative launched in 2019 is having an impact despite some temporary constraints imposed by the COVID-19 pandemic. The initiative was given a boost by the fact that, in France, companies with more than 50 employees are obliged to publish annual figures relating to professional equality between men and women. In the corresponding Penicaud index, Vossloh Cogifer SA, the management company of the Customized Modules division, scored 87 out of a possible 100 points in 2022. Vossloh Cogifer is also a partner of the French organization Elles bougent, which encourages women to study STEM degrees and pursue a career in this field. In Germany, the Rail Services business unit is a corporate sponsor of proTechnicale e.V., an association that specifically promotes young women working in technology.