Climate Challenges
15 Climate Challenges
During the Schaeffler Group’s annual executive meeting, participants presented 15 marketplaces with a selection of climate challenges that demonstrate the importance of innovation and technology. The 15 marketplaces focused on the six key elements of the Climate Action Plan and covered all three divisions.
“After quality, costs, and supplier reliability, sustainability forms the fourth pillar of purchasing. This allows us to fulfill the requirements of legislators and customers as well as further promote the decarbonization of our purchased materials and services.”
Mathias Pütz Head of the Sales Strategy and Strategic Supplier Management
15
marketplaces with selected Climate Challenges
The Schaeffler SMART Box – a sustainable, reusable logistics system for large bearings with an exterior diameter of 350 to 2,400 mm.
Green Purchasing
Green Production
Green Products
“We design sustainable products with a holistic approach, taking into account the carbon footprint across the entire product life cycle – from development to the circular economy.”
Prof. Dr.-Ing. Tim Hosenfeldt Head of Central Technology
- 95 %
CO2 emissions due to reconditioning, compared to new bearings
People
The “Corporate Behavior” project was launched to raise awareness among employees and promote behavior that helps the company achieve its sustainability targets. The project also adjusts internal guidelines to ensure they comply with climate target requirements. In an effort to significantly reduce the carbon footprint associated with business travel, Schaeffler is preparing to integrate climate aspects into the company car and business travel guidelines. The company is also looking to keep employees up to date on sustainability and climate protection by adding new training courses such as the new climate training module.
The new climate training course should help to develop a shared understanding of climate action and the issues associated with climate change among all of the employees at Schaeffler.
“Transparency and dependability are just as important when it comes to sustainability reporting. Our Sustainability Report 2022 provides various stakeholders with insights into our positioning and action fields.”
German Weinberger Head of Corporate Accounting
Outlook
It takes determination and targeted behavior to achieve climate targets. The Schaeffler Group has set itself ambitious, but achievable, targets along its climate journey and, in recent years, has made decisive steps in terms of sustainability. The optimized sustainability strategy, the group-wide Climate Action Plan, and the transfer of responsibility for sustainability to the Chief Executive Officer impressively underline the central role of sustainability and efforts to achieve climate targets for the Schaeffler Group – which is only possible in collaboration with customers, suppliers, and employees.
