Sustainability and corporate social responsibility
TABLE OF CONTENTS
Economic-financial and value chain management
Economic-financial and fiscal.
Commercial and customers.
Operations.
Purchasing and supplier management. Supply chain.
Innovation.
Quality.
Information technology and management
People
Environmental action
Social action
Communication and transparency
Annexes
PRESENTATION
This Sustainability and Responsibility (S&R) Report of Talgo contains the most relevant financial and non-financial information for the financial year 2021.
Its contents respond to the legitimate need of stakeholders to know the management approaches and the results obtained from the processes, activities and
projects in terms of corporate governance, economic-financial, social and environmental issues.
Presentation
This document has been drawn up based mainly on the recommendations of the Global Reporting Initiative standards and the best practices proposed by international organisations specialising in sustainability and social responsibility.
The following diagram shows the dierent companies that make up Talgo as well as the percentage of direct and indirect shareholdings in each of them.
T A L G O , S . A . P a r e n t C o m p a n y
100%
P a t e n t e s Ta l g o , S . L . U .
L a s R o z a s , M a d r i d ( E s p a ñ a )
87.5%
Talgo Deutschland, GmbH
Berlin (Germany)
100%
Talgo Rus
Saint Petersburg (Russia)
51%
000 Talgo
Talgo Inc.
Seatle (USA)
Moscow (Russia)
100%
Manufacturing Milwaukee (USA)
Talgo Shanghai Railways
12.5%
Talgo Kazakhstan, S.L.U.
Equipment CO LTD
100%
Las Rozas, Madrid (España)
100%
Shanghai (China)
Patentes Talgo Tashkent, LLC
Las Rozas, Madrid (España)
100%
Talgo Demiryolu Aracli Üretim
VE BA. A.S
100%
Istanbul (Turkey)
Consorcio Español Alta Velocidad
Meca-Medina, S.A.
16.79%
Motion Rail
Las Rozas, Madrid (España)
46.25%
Talgo India Private Limited
Delhi (India)
100%
Talgo UK Limited
Chesterfield (UK)
100%
Tarvia Mantenimiento
Ferroviario, S.A.
51%
S U S T A I N A B I L I T Y A N D R E S P O N S I B I L I T Y R E P O R T O F T A L G O
Dissolved 2020
No activity 2021
No activity 2021
03
1. MANAGEMENT STATEMENTS
The year 2021 has continued a dicult year for the world economy and has had a particular impact on the railway sector.
Talgo has adapted adequately to thisadverse economic situation, prioritizing the health and safety of people, boosting the eciency of operations and getting involved
from the beginning in the fight against COVID-19.
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Disclaimer
Talgo SA published this content on 03 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2022 12:44:03 UTC.
Talgo SA is a Spain-based company primary engaged in the design and manufacture of rolling stock. The Company's activities are divided into three business segments: Rolling stock, Auxiliary machines and Others, as well as General. The Rolling stock division is responsible for the train production, as well as for the maintenance of trains that use the Company's technology. The Auxiliary machines and Others segment provides manufacture and technical service of lathes, as well as sale of related spare parts. The General area includes corporate operations. The Company's product range comprises high speed rolling stock, intercity trains and locomotives, among others. It offers products and services worldwide to a number of railway operators, such as Amtrak, Metrovias, Russian Railways, Metro Beijing, Fertagus, Chiltern Railways, Jernhusen AB and Bochum Trams. The Company operates manufacturing plants in Spain and Kazakhstan.
TALGO, S.A. 
