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 54 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, with Scope 1 emissions at about 194,982,000 kg CO2e, Scope 2 emissions at approximately 897,551,000 kg CO2e, and Scope 3 emissions reaching about 13,890,930,000 kg CO2e. This represents a significant increase from 2023, where total emissions were about 7,082,000,000 kg CO2e, with Scope 1 at 179,000,000 kg CO2e, Scope 2 at approximately 1,050,000,000 kg CO2e, and Scope 3 at around 6,707,000,000 kg CO2e. Schaeffler has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. Additionally, the company targets a 25% reduction in Scope 3 emissions, which include purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, also by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to achieving climate neutrality in its internal production processes by 2030, with a goal of eliminating 75% of production emissions by 2025. Schaeffler's climate strategy includes a commitment to source 100% of its purchased power from renewable sources by 2024 and to achieve 100 GWh of cumulative annual efficiency gains through energy efficiency measures by the same year. The company is currently on track to meet these near-term targets, demonstrating a proactive approach to reducing its carbon footprint and addressing climate change.
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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'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 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'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