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In 2024, Schaeffler completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Schaeffler has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofSchaeffler amounted to1,092,533metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Schaefflerdecreased by 11.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Schaeffler were 194,982 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Schaeffler's Scope 1 emissions have decreased by 3.95%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Schaeffler's Scope 1 emissions increased by 8.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Schaeffler reported Scope 2 greenhouse gas (GHG) emissions of 3,486 tCOâ‚‚e using the market-based method and 897,551 tCOâ‚‚e using the location-based method.a
Since 2019, Schaeffler's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 23.91%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), Schaeffler's Scope 2 emissions(Location-Based) fell by 14.92% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Schaeffler reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Schaeffler reported 13,890,930 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Schaeffler includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Schaeffler reported total Scope 3 emissions of 13,890,930 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 57.71%of these emissions originated from upstream activities such as purchased goods and capital goods, while 42.29%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Schaeffler's Scope 3 emissionshave increased by 126.31%, reflecting a rising long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2023), Schaeffler's Scope 3 emissions increased by 107.11%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Schaeffler reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Schaeffler's Scope 3 emissions were:a
In 2024, Schaeffler reported Scope 1 greenhouse gas (GHG) emissions of 194,982 tCOâ‚‚e and total revenues of USD 18,927 millions. This translates into an emissions intensity of 10.3 tCOâ‚‚e per millions USD.a
In 2024, Schaeffler reported a Scope 1 emissions intensity of 10.3 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.51, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Schaeffler ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Schaeffler among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Schaeffler reported a total carbon footprint of 14,983,463 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 88.68% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Schaeffler's total carbon footprint was Scope 3 emissions, accounting for 92.71% of the company's total carbon footprint, followed by Scope 2 emissions at 5.99%.a