Schaeffler

Schaeffler, a company headquartered in Germany within the motor vehicles, trailers, and semi-trailers industry, has reported its greenhouse gas emissions and set ambitious climate commitments.

For 2025, Schaeffler's total emissions are approximately 13.31 billion kg CO2e. This comprises around 209.49 million kg CO2e for Scope 1 and approximately 13.10 billion kg CO2e for Scope 3. Scope 2 emissions, using the market-based approach, are about 5.58 million kg CO2e, while the location-based approach accounts for roughly 1.04 billion kg CO2e.

In 2024, the company's total emissions were approximately 10.54 billion kg CO2e, with Scope 1 emissions at about 194.98 million kg CO2e and Scope 3 emissions at roughly 10.34 billion kg CO2e. Scope 2 emissions, based on the market-based method, were around 3.49 million kg CO2e.

Looking back, Schaeffler's total emissions in 2023 were approximately 7.08 billion kg CO2e, with Scope 1 at around 179 million kg CO2e and Scope 3 at roughly 6.71 billion kg CO2e. Scope 2 emissions, using the market-based approach, were approximately 196 million kg CO2e.

Schaeffler is committed to significant emissions reductions. A key target is to achieve climate-neutral production for Scope 1 and 2 emissions by 2030, having already aimed for a 75% reduction in production emissions by 2025. Furthermore, the company plans to reduce emissions from input and raw materials in its supply chain (Scope 3 upstream) by 25% by 2030. Schaeffler AG has also committed to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2030 from a 2019 base year, and to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, and upstream transport & distribution by 25% within the same timeframe. These targets align with reductions required to keep warming to 1.5°C, as validated by the Science Based Targets initiative (SBTi). Additionally, Schaeffler aims for 100% purchased power from renewable sources by 2024 and has set goals for accumulated annual efficiency gains through energy efficiency measures. The company also strives to reduce its Scope 1 and 2 emissions to near zero by the middle of the current decade.