Suppliers and materials
Supplier management requirements have expanded beyond a globally connected world. Modern technologies require raw materials that often come from unstable regions in the world. Supply chains are also increasingly feeling the effects of climate change. The Schaeffler Group needs steel, in particular, for its products – and is more and more frequently opting for carbon-efficient production.
Sustainability is therefore one of the key topics of the Roadmap 2025. The Schaeffler Group views sustainable procurement, which applies to the responsible use of critical materials, human rights, and environmental and social standards, as key to integrity-based governance.
The Schaeffler Group’s supplier and raw material activities contribute to the following Sustainable Development Goals (SDGs): “Decent Work and Economic Growth” (SDG 8), “Responsible Consumption and Production” (SDG 12), and “Partnerships for the Goals” (SDG 17). The company’s strategic target is to source 90 % of the purchasing volume of production materials from suppliers with sustainability self-assessments by 2022.