Schaeffler India Sustainability Profile
Schaeffler India, a subsidiary of the global Schaeffler Group, is headquartered in Pune, India, and operates extensively across the country. Founded in 1962, the company has established itself as a leader in the automotive and industrial sectors, providing innovative solutions in bearings, linear motion, and precision components. With a strong focus on research and development, Schaeffler India offers unique products that enhance efficiency and reliability in various applications. The company has achieved significant milestones, including the introduction of advanced technologies and sustainable practices in its manufacturing processes. Recognised for its commitment to quality and innovation, Schaeffler India holds a prominent market position, serving a diverse clientele and contributing to the growth of the Indian manufacturing landscape.
DitchCarbon Score
How does Schaeffler India's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Schaeffler India's score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schaeffler India's reported carbon emissions
In 2023, Schaeffler India reported total emissions of approximately 71,228,000 kg CO2e, comprising 7,010,000 kg CO2e from Scope 1 and 64,228,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Schaeffler India has not set specific reduction targets or initiatives as part of its climate commitments, and there are no climate pledges or SBTi targets reported. The emissions data is not cascaded from a parent organization, indicating that it is independently reported by Schaeffler India Limited. In comparison, the previous year, 2022, Schaeffler India recorded total emissions of approximately 82,680,000 kg CO2e, with Scope 1 emissions at 6,568,000 kg CO2e and Scope 2 emissions at 75,984,000 kg CO2e. This reflects a reduction in total emissions from 2022 to 2023, highlighting a positive trend in their emissions management efforts. Overall, while Schaeffler India has made strides in reducing its emissions, further commitments and targets would enhance its climate strategy and accountability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,240,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 75,234,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Schaeffler India's Industry?
How Carbon Intensive is Schaeffler India's Location?
Schaeffler India's Scope 3 Categories Breakdown
Schaeffler India's Scope 3 emissions, which decreased by 50% last year and decreased by approximately 50% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Schaeffler India's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Schaeffler India has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
