Schaeffler India

Schaeffler India: Carbon Emissions and Climate Commitments

For the financial year 2023, Schaeffler India reported total Scope 1 and 2 emissions of approximately 71.2 million kg CO2e. This comprised Scope 1 emissions of about 7 million kg CO2e and Scope 2 emissions of approximately 64.2 million kg CO2e. In addition, the company reported Scope 3 emissions, primarily from purchased goods and services, totalling approximately 353.2 million kg CO2e for the same year.

In 2022, Schaeffler India's total Scope 1 and 2 emissions were around 82.6 million kg CO2e, with Scope 1 emissions at approximately 6.6 million kg CO2e and Scope 2 emissions at approximately 76 million kg CO2e. Scope 3 emissions, also dominated by purchased goods and services, stood at approximately 703.4 million kg CO2e.

The company's emissions data for 2024 and 2025 are also available, reflecting Scope 1 and Scope 2 emissions. For 2025, Scope 1 emissions were reported at approximately 10.6 million kg CO2e, with Scope 2 (location-based) at around 92.2 million kg CO2e. In 2024, Scope 1 emissions were approximately 8.9 million kg CO2e, while Scope 2 emissions were not disclosed on a market-based basis, but location-based figures would be relevant for a comprehensive understanding.

Schaeffler India's reporting shows a trend of increasing Scope 1 and 2 emissions from 2020 to 2023, followed by a reduction in Scope 1 and an increase in Scope 2 (location-based) in the subsequent years.

While specific reduction targets and achievements are not detailed in the provided information, Schaeffler India is part of the broader manufacturing and other manufactured goods sector (SIC 36), an industry where reducing its environmental footprint is increasingly critical. The company has indicated that it discloses upstream categories for its emissions, highlighting an awareness of its supply chain impacts, though specific Scope 3 categories beyond purchased goods and services were not detailed for all reporting years. Further details on climate initiatives and targets would be available in their sustainability reports.