Schaeffler Technologies AG & Co. KG Sustainability Profile
Schaeffler Technologies AG & Co. KG, commonly referred to as Schaeffler, is a leading global supplier of rolling bearings and linear motion products, headquartered in Herzogenaurach, Germany. Founded in 1946, the company has established a strong presence in key operational regions, including Europe, Asia, and the Americas, serving diverse industries such as automotive, aerospace, and industrial machinery. Schaeffler is renowned for its innovative solutions in precision engineering, offering a wide range of products including ball bearings, roller bearings, and linear guides. The company’s commitment to quality and technological advancement has positioned it as a market leader, with notable achievements in sustainability and digitalisation. With a focus on enhancing performance and efficiency, Schaeffler continues to drive progress in the global manufacturing landscape.
DitchCarbon Score
How does Schaeffler Technologies AG & Co. KG'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 Machinery and Equipment 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 Technologies AG & Co. KG's score of 57 is higher than 75% 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 Technologies AG & Co. KG, headquartered in Germany, currently does not report specific carbon emissions data for the most recent year. The company is a current subsidiary of Schaeffler AG, which cascades its emissions data and climate commitments down through its corporate family structure. As of now, Schaeffler Technologies AG & Co. KG has not established specific reduction targets or initiatives, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of documented climate pledges or reduction targets indicates a need for further development in their sustainability strategy. Given the lack of specific emissions data and reduction commitments, it is essential for Schaeffler Technologies AG & Co. KG to enhance its climate action framework to align with industry standards and expectations. This would not only improve transparency but also contribute to global efforts in reducing carbon emissions.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 176,378,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,160,800,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 3 | 1,337,203,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Schaeffler Technologies AG & Co. KG's Industry?
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Schaeffler Technologies AG & Co. KG's Scope 3 Categories Breakdown
Schaeffler Technologies AG & Co. KG's Scope 3 emissions, which increased by 107% last year and increased by approximately 939% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
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Schaeffler Technologies AG & Co. KG'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 Technologies AG & Co. KG 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.
