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 62 is higher than 80% 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, as indicated by the absence of emissions figures. The company is a current subsidiary of Schaeffler AG, which cascades its climate commitments and performance data down to this level. While there are no specific reduction targets or achievements reported for Schaeffler Technologies AG & Co. KG, it is important to note that the overarching climate initiatives and targets are inherited from its parent company, Schaeffler AG. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are crucial for setting and achieving meaningful climate goals. As a part of the Schaeffler Group, Schaeffler Technologies AG & Co. KG is expected to align with the sustainability strategies and emissions reduction efforts established by its parent company. However, specific details regarding these initiatives, including any quantified targets or achievements, are not available at this time. In summary, while Schaeffler Technologies AG & Co. KG does not provide specific emissions data or reduction targets, it is part of a larger corporate structure that is committed to addressing climate change through inherited initiatives from Schaeffler AG.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 163,828,000 | 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 | 937,839,000 | 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 | - | - | - | 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 112% since 2019, 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.
