About the report
- The reporting is in accordance with the standards of the Global Reporting Initiative (GRI) in the “Core” option
- For the first time, the report includes the combined separate non-financial report in accordance with the CSR Directive Implementation Act, which was previously published separately
Part of GNFK StartThe Schaeffler Group publishes an annual sustainability report. Last year’s Sustainability Report 2018 was published in July 2019. The current reporting period corresponds to the business year that runs from January 1, 2019, to December 31, 2019. The editorial deadline for this report was December 31, 2019. The information relates to the entire Schaeffler Group with its business fields. If the details and representations of concepts pertain to other entities, this is pointed out accordingly. The sustainability report with the combined separate non-financial report is publicly available on the company’s website. The sustainability report was written up by order of the Executive Board of the Schaeffler Group. The Board reviewed and released the report content.Part of GNFK End
Combined separate non-financial report
Part of GNFK StartIn this report, the Schaeffler Group discloses the required non-financial information for the 2019 fiscal year in accordance with Sections 289, 315 of the German Commercial Code (HGB) (in accordance with the CSR Directive Implementation Act). Schaeffler exercises the option, in accordance with Section 315b (3) HGB, to produce a combined separate non-financial report (GNFK) apart from the group management report. The separate non-financial report was thereby combined with the separate non-financial report of the parent company in accordance with Section 315b (1) (2) HGB and integrated into the sustainability report. The corresponding passages are marked with Part of GNFK StartPart of GNFK End. References to information outside of this icon are to be understood as additional information; these are not mandatory components of the GNFK.
The combined separate non-financial report for the 2019 fiscal year for the Schaeffler Group and Schaeffler AG was reviewed by the Supervisory Board of Schaeffler AG and by the auditing firm KPMG AG on behalf of the Supervisory Board with respect to the legally required information in accordance with Sections 315b 315c in conjunction with 289b to 289e HGB for the purpose of obtaining limited assurance engagement. This follows the International Standard on Assurance Engagements (ISAE) 3000 (Revised): “Assurance Engagements other than Audits or Reviews of Historical Financial Information” issued by the International Auditing and Assurance Standards Board (IAASB). Further information on the Independent Auditor’s Report on checking the combined separate non-financial report for the purpose of obtaining limited assurance engagement can be found in the Report of the Independent Auditor.Part of GNFK End
Guidelines for data collection and presentation
Part of GNFK StartThe following guidelines on the key figures and data points are valid for the entire report unless otherwise stated: This report includes all major domestic and foreign subsidiaries that are directly or indirectly controlled by Schaeffler AG. The companies are included from the date on which the Schaeffler Group gains control until the date control is lost. The survey period is from January 1, 2019, to December 31, 2019.
When preparing the report, it is necessary in some instances to make appropriate estimates/projections, which are documented internally, to present the complete survey period. Actual values may differ from these estimates and will be corrected in the following year’s reporting. Methodical and structural changes are corrected in principle. Additional comments are provided for deviations greater than five percent. Differences may occur due to commercial rounding of amounts and percentages. Contrary to the above mentioned principles, the cutoff deadline for key figures and employee relationships is generally December 31, 2019. The persons referred to as employees in this report are members of the internally defined workforce category “workforce”. Temporary staff, apprentices, trainees, and contract workers as well as inactive employees are not included.
The scope of key figure consolidation for greenhouse gas emissions, total energy consumption, water consumption, waste generation, and recycling rates in the environmental area refers to the production sites defined as essential in the EnEHS Group manual. The majority of these production sites already have ISO 14001, ISO 50001, ISO 45001, OHSAS 18001, and EMAS site registrations; the reporting date is December 31, 2019.Part of GNFK End
This document contains forward-looking statements that reflect management’s current views with respect to future events. Such statements are subject to risks and uncertainties that are beyond the Schaeffler Group’s ability to control or estimate precisely, such as future market and economic conditions, the behavior of other market participants, the ability to successfully integrate acquired businesses and achieve anticipated synergies, and the actions of government regulators. If any of these cases or other risks and uncertainties occur, or if the assumptions underlying any of these statements prove incorrect, then actual results may be materially different from those expressed or implied by such statements. The Schaeffler Group does not intend or assume any obligation to update any forward-looking statements to reflect events or circumstances after the date of this report.
The Schaeffler Group’s sustainability report is available in German and English. In case of discrepancies, the German version is binding.
The company accepts questions and comments about responsible corporate management at the Schaeffler Group via the e-mail address firstname.lastname@example.org.