Schaeffler AG

Common Name
Schaeffler
Country
Germany
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
83,705
Ticker
SHA0
Exchange
XETRA
Description
Schaeffler AG is a leading global manufacturer of precision components and systems for the automotive and industrial sectors. With a strong focus on innovation and technology, Schaeffler AG specialize...

Schaeffler's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
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0000000
Location-Based
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b
0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Schaeffler’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Schaeffler’s data sources below and access millions more through our Disclosure Search.

a. Schaeffler's Annual Report 2024
a. Schaeffler's Annual Report 2024
b. Schaeffler's Sustainability Report 2023
b. Schaeffler's Sustainability Report 2023
c. Schaeffler's Sustainability Report 2020
c. Schaeffler's Sustainability Report 2020

Insights into Schaeffler's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Schaeffler amounted to 1,092,533 metric 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 Schaeffler decreased by 11.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Schaeffler's Scope 1 Emissions Over Time

2018201920202021202220232024055 k110 k165 k220 ktCO2e+5%-11%+15%-9%-5%+9%
  • Total Scope 1
  • Year-over-Year Change

What are Schaeffler's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Schaeffler were 194,982 metric tons of CO₂ equivalent (tCO₂e). a

Has Schaeffler reduced its Scope 1 emissions over time?

Since 2018, Schaeffler's Scope 1 emissions have remained relatively, stable, indicating that Schaeffler's emissions have plateaued with no significant change in its operational footprint. a c

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. a b

What are Schaeffler's Scope 2 emissions?

In 2024, Schaeffler reported Scope 2 greenhouse gas (GHG) emissions of 3,486 tCO₂e using the market-based method and 897,551 tCO₂e using the location-based method. a

Has Schaeffler reduced its Scope 2 emissions over time?

Since 2018, Schaeffler's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 29.22%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

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. a b

What methodology does Schaeffler use for Scope 2 reporting?

In 2024, Schaeffler reported its Scope 2 emissions using the market-based method and using the location-based method. a

Schaeffler's Scope 2 Emissions Over Time

20182019202020212022202320240350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Schaeffler's Value Chain Emissions

In 2024, Schaeffler reported 13,890,930 metric tons of CO₂ equivalent (tCO₂e) 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 6 of 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 chain a

Schaeffler's Scope 3 Emissions Over Time

20192020202120222023202403.5 M7 M10.5 M14 MtCO2e-10%+12%+6%+2%+107%
  • Total Scope 3
  • Year-over-Year Change

What are Schaeffler's Scope 3 emissions?

In 2024, Schaeffler reported total Scope 3 emissions of 13,890,930 metric tons of CO₂ equivalent (tCO₂e). 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

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. a b

What categories of Scope 3 emissions does Schaeffler disclose?

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.

What are the main sources of Schaeffler's Scope 3 emissions?

In 2024, the largest contributors to Schaeffler's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 6,941,958 tCO₂e (49.97%)
  • Use of Sold Products (Cat. 11): 5,348,291 tCO₂e (38.5%)
  • Processing of Sold Products (Cat. 10): 525,655 tCO₂e (3.78%)

Schaeffler's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(50.0%)Processing of SoldProducts (Cat. 10)(3.8%)Use of Sold Products(Cat. 11)(38.5%)

Insights into Schaeffler’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Schaeffler reported Scope 1 greenhouse gas (GHG) emissions of 194,982 tCO₂e and total revenues of USD 18,927 millions. This translates into an emissions intensity of 10.3 tCO₂e per millions USD. a

Schaeffler's Scope 1 Emissions Intensity Compared to Peers

50010,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)2002,00020,000100,0001,000,000Revenues (Millions of USD)ContinentalYear: 2024Scope 1: 671,731 tCO2eRevenue: $M 41,332Scope 1 Intensity: 16.25 tCO2e/$MPumaYear: 2024Scope 1: 5,950 tCO2eRevenue: $M 9,175Scope 1 Intensity: 0.65 tCO2e/$MElringKlingerYear: 2023Scope 1: 19,910 tCO2eRevenue: $M 2,044Scope 1 Intensity: 9.74 tCO2e/$MMercedes-Benz GroupYear: 2024Scope 1: 600,000 tCO2eRevenue: $M 151,507Scope 1 Intensity: 3.96 tCO2e/$MSurteco GroupYear: 2023Scope 1: 31,972 tCO2eRevenue: $M 924Scope 1 Intensity: 34.59 tCO2e/$MAdidasYear: 2024Scope 1: 20,844 tCO2eRevenue: $M 24,644Scope 1 Intensity: 0.85 tCO2e/$MTUIYear: 2023Scope 1: 5,416,692 tCO2eRevenue: $M 21,828Scope 1 Intensity: 248.15 tCO2e/$MHellofreshYear: 2023Scope 1: 65,369 tCO2eRevenue: $M 8,408Scope 1 Intensity: 7.77 tCO2e/$MJost WerkeYear: 2024Scope 1: 12,648 tCO2eRevenue: $M 1,113Scope 1 Intensity: 11.37 tCO2e/$MSaf-Holland SeYear: 2023Scope 1: 9,290 tCO2eRevenue: $M 2,331Scope 1 Intensity: 3.99 tCO2e/$MZalandoYear: 2024Scope 1: 10,928 tCO2eRevenue: $M 11,002Scope 1 Intensity: 0.99 tCO2e/$MVolkswagenYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 337,841Scope 1 Intensity: 9.77 tCO2e/$MDelivery HeroYear: 2023Scope 1: 38,825 tCO2eRevenue: $M 11,004Scope 1 Intensity: 3.53 tCO2e/$MKnorr BremseYear: 2024Scope 1: 31,000 tCO2eRevenue: $M 8,203Scope 1 Intensity: 3.78 tCO2e/$MGrammerYear: 2024Scope 1: 13,369 tCO2eRevenue: $M 2,000Scope 1 Intensity: 6.69 tCO2e/$MHugo BossYear: 2024Scope 1: 9,827 tCO2eRevenue: $M 4,482Scope 1 Intensity: 2.19 tCO2e/$MCECONOMYYear: 2023Scope 1: 19,800 tCO2eRevenue: $M 23,493Scope 1 Intensity: 0.84 tCO2e/$MHELLA GmbH & CoYear: 2024Scope 1: 30,350 tCO2eRevenue: $M 8,351Scope 1 Intensity: 3.63 tCO2e/$MBayerische Motoren WerkeYear: 2024Scope 1: 672,542 tCO2eRevenue: $M 148,163Scope 1 Intensity: 4.54 tCO2e/$MHORNBACH Holding AG & CoYear: 2023Scope 1: 29,600 tCO2eRevenue: $M 6,646Scope 1 Intensity: 4.45 tCO2e/$MDr Ing hc F PorscheYear: 2023Scope 1: 17,638 tCO2eRevenue: $M 44,858Scope 1 Intensity: 0.39 tCO2e/$MCewe Stiftung & CoYear: 2024Scope 1: 2,605 tCO2eRevenue: $M 895Scope 1 Intensity: 2.91 tCO2e/$MSchaefflerYear: 2024Scope 1: 194,982 tCO2eRevenue: $M 18,927Scope 1 Intensity: 10.30 tCO2e/$M

How does Schaeffler's GHG emissions intensity compare to its peers?

In 2024, Schaeffler reported a Scope 1 emissions intensity of 10.3 tCO₂e per millions USD. Compared to the peer group median of 3.97 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Schaeffler rank on GHG emissions intensity within its industry?

In 2024, Schaeffler ranked 19 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Schaeffler among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Schaeffler's Total Carbon Footprint

In 2024, Schaeffler reported a total carbon footprint of 14,983,463 metric tons of CO₂ equivalent (tCO₂e) 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. a b

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

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