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
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.
Project initiative: more decarbonized steel for reduced CO2 emissions
The combined weight of the flat steel that Schaeffler uses every year is equivalent to 92 Eiffel Towers. By 2030, the company aims to reduce the associated CO2 emissions by 25% – for example, by using steel with reduced emissions during production, decreasing material consumption, and eliminating scrap.
Project initiative: ongoing operation reduces costs and saves energy
With “Schaeffler Lifetime Solutions,” the company provides maintenance teams and plant managers with the tools they need to maintain continuous plant operation and reduce unplanned downtime, which reduces costs and saves energy.
Project initiative: green warehousing and product shipment
Schaeffler plans to reduce its warehousing and product shipments, make processes more eco-friendly and efficient, and reduce waste and scrap in the Automotive Aftermarket division.
“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
“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
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.