Schaeffler AG
Schaeffler EU Taxonomy Data Preview
In 2024, Schaeffler was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Schaeffler has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Schaeffler are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Schaeffler's Revenues from Sustainable Activities
In 2024, Schaeffler reported EU Taxonomy-eligible revenues of EUR 1.83 billion, representing 10.1% of its total turnover. Of this amount, EUR 1.52 billion of Schaeffler's revenues was classified as EU Taxonomy-aligned, indicating that 8.4% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Schaeffler's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Schaeffler's revenues become more sustainable over time?
Since 2022, Schaeffler's taxonomy-aligned revenues increased by 71.43%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Schaeffler's taxonomy-aligned revenues increased by 121.05%, highlighting Schaeffler's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
How much of Schaeffler's revenue is eligible under the EU Taxonomy?
In 2024, Schaeffler reported that EUR 1.83 billion of its revenue was eligible under the EU Taxonomy, representing 10.1% of the company's total turnover. Of this amount, EUR 1.52 billion (8.4% of total revenue) was classified as Taxonomy-aligned. This means that 1.7% of Schaeffler's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of Schaeffler's eligible revenue is aligned with the EU Taxonomy?
In 2024, Schaeffler reported that EUR 1.52 billion of its revenue was aligned under the EU Taxonomy, representing 8.4% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
Schaeffler's Eligibility & Alignment Overview
Schaeffler's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Schaeffler's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Schaeffler reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 8.4%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Schaeffler earn from selling climate-related solutions ?
In 2024, Schaeffler reported that EUR 1.53 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 8.4% of the company's total revenue, indicating that Schaeffler has limited exposure on solutions that support climate action through its commercial activities.
Insights into Schaeffler's CAPEX from Sustainable Activities
In 2024, Schaeffler reported EU Taxonomy-eligible CAPEX of EUR 937.00 million, representing 12.8% of its total CAPEX. Of this amount, EUR 573.00 million of Schaeffler's CAPEX was classified as EU Taxonomy-aligned, indicating that 7.8% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Schaeffler's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Schaeffler's increased its investment in sustainable activities over time?
Since 2022, Schaeffler's taxonomy-aligned capital expenditure (CAPEX) decreased by 42.22%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.
Compared to the previous year (2023), Schaeffler's taxonomy-aligned CAPEX decreased by 39.53%, suggesting that Schaeffler may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of Schaeffler's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Schaeffler reported that EUR 937.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 12.8% of the company's total CAPEX. Of this amount, EUR 573.00 million (7.8% of total CAPEX) was classified as Taxonomy-aligned. This means that 5% of Schaeffler's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Schaeffler's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Schaeffler reported that EUR 573.00 million of its CAPEX was aligned under the EU Taxonomy, representing 7.8% of its total capital investment.
This low alignment reflects that Schaeffler is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Schaeffler's Eligibility & Alignment Overview
Schaeffler's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Schaeffler's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Schaeffler reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 7.8%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Schaeffler is investing in climate-related solutions?
In 2024, Schaeffler allocated EUR 571.82 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 7.8% of the company's total capital expenditure, indicating that Schaeffler has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into Schaeffler's OPEX from Sustainable Activities
In 2024, Schaeffler reported EU Taxonomy-eligible OPEX of EUR 437.00 million, representing 28.8% of its total operating expenses (OPEX). Of this amount, EUR 420.00 million of Schaeffler's OPEX was classified as EU Taxonomy-aligned, indicating that 27.7% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Schaeffler's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Schaeffler's increased its spending in sustainable activities over time?
Since 2022, Schaeffler's taxonomy-aligned operating expenditure (OPEX) increased by 823.33%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), Schaeffler's taxonomy-aligned OPEX increased by 1,104.35%, highlighting Schaeffler's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of Schaeffler's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Schaeffler reported that EUR 437.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 28.8% of the company's total OPEX. Of this amount, EUR 420.00 million (27.7% of total OPEX) was classified as Taxonomy-aligned. This means that 1.1% of Schaeffler's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Schaeffler's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Schaeffler reported that EUR 420.00 million of its OPEX was aligned under the EU Taxonomy, representing 27.7% of its total operational expenditure.
This moderate level of alignment indicates that Schaeffler is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Schaeffler's Eligibility & Alignment Overview
Schaeffler's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Schaeffler's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Schaeffler reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 27.7%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of Schaeffler's operational budget supports climate-related solutions?
In 2024, Schaeffler allocated EUR 419.93 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 27.7% of the company's total OPEX, indicating that Schaeffler is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.