Schaeffler Sustainability Profile
Schaeffler AG, a leading global supplier in the automotive and industrial sectors, is headquartered in Herzogenaurach, Germany. Founded in 1946, the company has established itself as a key player in the development of innovative solutions, particularly in rolling bearings, linear motion, and automotive components. With a strong presence in Europe, Asia, and the Americas, Schaeffler serves a diverse range of industries, including automotive, aerospace, and manufacturing. Renowned for its commitment to quality and precision, Schaeffler offers a unique portfolio of products and services that enhance efficiency and performance. The company has achieved significant milestones, including advancements in electric mobility and digitalisation, solidifying its market position as a trusted partner for customers worldwide. Schaeffler's dedication to sustainability and innovation continues to drive its success in the competitive landscape.
DitchCarbon Score
How does Schaeffler'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 Motor Vehicle 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's score of 52 is higher than 70% 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's reported carbon emissions
In 2024, Schaeffler AG reported total carbon emissions of approximately 14,089,398,000 kg CO2e. This includes Scope 1 emissions of about 194,982,000 kg CO2e, Scope 2 emissions of approximately 897,551,000 kg CO2e, and significant Scope 3 emissions totalling around 13,890,930,000 kg CO2e. The company has set ambitious targets to achieve climate neutrality in its internal production (Scope 1 and 2) by 2030, aiming to eliminate 90% of these emissions compared to a 2019 baseline. Additionally, Schaeffler is committed to reducing its Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and upstream transport and distribution by 25% by 2030. In 2023, Schaeffler's total emissions were reported at approximately 7,082,000,000 kg CO2e, with Scope 1 emissions at about 179,000,000 kg CO2e and Scope 2 emissions at approximately 1,055,000,000 kg CO2e. The company has consistently disclosed emissions data across all scopes, demonstrating transparency in its climate commitments. Schaeffler's reduction initiatives include a commitment to source 100% of its purchased power from renewable sources by 2024 and to achieve 75% reduction in production emissions by 2025. These targets are part of a broader strategy to align with the Science Based Targets initiative (SBTi), which has validated Schaeffler's goals as consistent with the reductions required to limit global warming to 1.5°C. Overall, Schaeffler AG is actively working towards significant emissions reductions and climate commitments, reflecting its dedication to sustainability and environmental responsibility.
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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's Industry?
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Schaeffler's Scope 3 Categories Breakdown
Schaeffler'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'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 has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Schaeffler's sustainability data and climate commitments