Schaeffler AG
Schaeffler's Climate Target Data Preview
As of 2023, Schaeffler has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Schaeffler's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  b | 2030 |
Verified Sources Behind Schaeffler’s Climate Targets Data
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Insights into Schaeffler's Greenhouse Gas Emissions Pathways
As of 2023, Schaeffler has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
Does Schaeffler have a target to reduce the emissions from its operations?
As of 2023, Schaeffler has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
Schaeffler's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 986,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.ab
As of 2023, Schaeffler is ahead of schedule on its operational emissions reduction target, having achieved 68.86% of the planned reduction.ab
Schaeffler's Operational (Scope 1+2) Emissions Pathway
Does Schaeffler have a target to reduce the emissions from its value chain?
As of 2023, Schaeffler has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.b
Schaeffler's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 6,528,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.b
Instead of reducing value chain emissions, Schaeffler has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.b