The Schaeffler Group established the Climate Action Plan in 2022 to achieve its climate targets and systematically rolled it out throughout the company in 2023. The plan defines measures to reduce greenhouse gas emissions and forms the framework for developing and implementing the necessary climate action measures.
The Climate Action Plan is based on four important pillars.
Green Purchasing: Purchasing low-emission materials and services plays a key role in achieving the sustainability targets
Green Production: The process of decarbonizing production is primarily based on using renewable energy, increasing energy efficiency, and retrofitting systems for a shift to climate-neutral production.
Green Products: Motion is the core element of all Schaeffler products. The motion technology company boasts a unique level of expertise in innovative motion technology, from vehicles and machines to wind turbines.
People: Schaeffler employees and their innovative ideas are essential to making production, products, and everyday operations more sustainable.
For Schaeffler, purchasing low-emission materials and services plays a key role in achieving the sustainability targets. Due to the Schaeffler Group’s present and future product portfolio, steel, aluminum, plastic, electronic components, and logistics play a decisive role in decarbonization in particular. The company plans to actively discuss options with suppliers such as purchasing green long and flat steel.
In 2023, the Schaeffler Group further intensified its collaboration with the Swedish start-up H2 Green Steel and increased its equity interest in the company to EUR 100 million. As of 2026, the Schaeffler Group will purchase CO2e-reduced steel, which is produced using hydrogen, from H2 Green Steel. Compared with steel conventionally produced in the blast furnace, the green steel purchased from H2 Green Steel releases up to 95 percent less CO2e emissions.
But even beyond steel, the Schaeffler Group is working actively with its suppliers to find new and innovative approaches to purchasing that will help reduce environmental impact and combat climate change. For example, Schaeffler India invited its suppliers to attend an “Innovation Hour” and introduce technologies that focus on sustainability, optimized performance, and efficiency in 2023. Four areas of focus were addressed: Green Materials, Green Energy, Green production, and Green Data. Particularly when it comes to sustainability, exchange across multiple levels of the value chain is extremely important for identifying innovations and learning from one another.
Protecting human rights in the supply chain was yet another important topic associated with suppliers in 2023. For the Schaeffler Group, human rights are an indispensable part of its corporate responsibility and corporate culture and have only grown in importance as a result of the Supply Chain Due Diligence Act (LkSG), which took effect in 2023. The company expects its business partners to observe Human Rights Due Diligence as well. In 2023, the company also published guidelines and a declaration of principles on respecting human rights. The Schaeffler Group Supplier Code of Conduct forms the foundation for responsible collaboration with suppliers.
reduction of production-related CO2e emissions compared to the previous year through continuous energy efficiency improvements and the increased share of renewable energy.
The production decarbonization process in the Schaeffler Group will primarily entail using renewable energy sources, increasing energy efficiency, and retrofitting systems for a shift to climate-neutral production. Schaeffler locations are therefore expanding in-house generation of renewable energy as a complement to the existing energy efficiency program.
Since 2023, 100 percent of all electricity purchased at most of the plants in the Schaeffler Group’s Europe, Greater China, and Americas regions comes from renewable sources. The plants in the Asia/Pacific region will follow in 2024. Photovoltaic systems with a capacity of 8.0 MWp were installed in 2023, thus increasing the total PV system capacity in the Schaeffler Group to 20.2 MWp.
The Schaeffler Group has been bundling all relevant resources in a group-wide energy efficiency program since 2020 to increase energy efficiency. The aim is to identify and implement measures between 2020 and 2024 that will result in annual energy savings of 100 gigawatt hours (GWh) as of 2025. A total of 380 energy efficiency measures were implemented and externally verified between 2020 and 2023 and will lead to cumulative annual savings of at least 97.1 GWh as of 2024.
The Schaeffler Group has also set itself the goal of reducing its use of freshwater by 20 percent by 2030 compared to 2019. All locations with industrial wastewater and large volumes of wastewater are equipped with a variety of systems that enable a range of processes from treatment to nearly complete recycling. A total of 5,035 thousand m³ (previous year: 5,501 thousand m³) of freshwater was used in 2023, which represents a drop of around 9 percent. A total of 27 water-saving measures were implemented and externally verified in 2023 and will lead to annual savings of at least 265 thousand m³ as of 2024.
Sustainable production also means using resources optimally. For example, the Schaeffler Group can combine the punching process for different components into a single process thanks to a newly developed progressive punching concept, which manufactures rivets using the raw material produced from the scrap of flange production. Flanges and rivets were originally produced from different raw materials. The existing material can now be better utilized, as a portion of what was initially disposed of as scrap is now used to produce a new product.
of CO2 emissions can be avoided through remanufacturing of bearings compared to new production.
Motion is the core element of all Schaeffler products. The Motion Technology Company boasts a unique level of expertise in innovative motion technology, from vehicles and machines to wind turbines. With its innovative strength and technological expertise, the Schaeffler Group can offer its customers sustainable, pioneering technologies for a variety of applications.
Sustainable products don’t only benefit people – they are also better for the environment, as they release fewer carbon emissions during production, transport, use, or disposal. The Schaeffler Group is therefore developing a comprehensive concept for automated and holistic calculation of carbon footprints that focuses on the product’s entire life cycle. By adapting project design and the materials selected and creating new processes, the Schaeffler Group continues to improve its CO2 values in product development.
Here are a few examples of sustainable products from 2023:
Many of the Green products from all three divisions – Automotive Technologies, Automotive Aftermarket, and Industrial – benefit the Schaeffler Group’s Circular Economy strategy directly. The fundamental idea is to use raw materials, components, and products repeatedly and for as long as possible, as important targets such as Climate Neutrality can only be achieved in combination with this guiding principle. For example, the Schaeffler Group’s circular economy focuses on reusing products and materials.
employees completed the Climate Training in 2023.
Lasting change requires the motivation, the integration, and ultimately the commitment of everyone involved. It’s the employees who, with their creative drive and sustainable behavior, can successfully shape transformation. Their innovative ideas are essential to making production, products, and everyday operations more sustainable. The Schaeffler Group closely accompanies all of its employees along this shared path, as everyone’s behavior is key to making the sustainable transformation a success.
It’s absolutely essential to raise employee awareness of green and sustainable behavior. To promote this idea, the Schaeffler Academy offers and continues to expand training courses on the sustainability strategy with a focus on the dimensions of environment, social, and governance in collaboration with the different departments. Since 2022, employees have had the opportunity to deepen their knowledge of climate protection in a voluntary online training course, among other things. In the year under review, 2,566 (previous year: 1,627) employees completed the Climate Training. With the corresponding awareness and behavior, everyone can help reduce the carbon footprint and conserve resources.
A range of innovative measures that the Schaeffler Group implemented or launched in 2023 reveals the company’s commitment to including its employees on its journey to the sustainable transformation: