Schaeffler AG

Common Name
Schaeffler
Country
Germany
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
83,990
Ticker
SHA
Exchange
XETRA
Description
Schaeffler AG, together with its subsidiaries, develops, manufactures, and sells components and system for industrial applications in Europe, the Americas, China, and the Asia Pacific. The Automotive ...

Schaeffler's GHG Emissions Data Preview

In 2023, 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 4 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Schaeffler amounted to 1,234,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Schaeffler decreased by 2.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Schaeffler's Scope 1 Emissions Over Time

201820192020202120222023055 k110 k165 k220 ktCO2e+5%-11%+15%-9%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Schaeffler's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Schaeffler were 179,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Schaeffler reduced its Scope 1 emissions over time?

Since 2018, Schaeffler's Scope 1 emissions have decreased by 7.59%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Schaeffler's Scope 1 emissions decreased by 5.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Schaeffler's Scope 2 emissions?

In 2023, Schaeffler reported Scope 2 greenhouse gas (GHG) emissions of 196,000 tCOâ‚‚e using the market-based method, and 1,055,000 tCOâ‚‚e using the location-based method.

Has Schaeffler reduced its Scope 2 emissions over time?

Since 2018, Schaeffler's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 16.8%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Schaeffler's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Schaeffler 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Schaeffler use for Scope 2 reporting?

In 2023, Schaeffler reported its Scope 2 emissions using the market-based method and using the location-based method.

Schaeffler's Scope 2 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Schaeffler's Value Chain Emissions

In 2023, Schaeffler reported 6,707,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Schaeffler includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Schaeffler's Scope 3 Emissions Over Time

2019202020212022202302 M4 M6 M8 MtCO2e-10%+12%+6%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Schaeffler's Scope 3 emissions?

In 2023, Schaeffler reported total Scope 3 emissions of 6,707,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Schaeffler's Scope 3 emissions remained relatively stable, indicating that Schaeffler 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Schaeffler disclose?

In 2023, Schaeffler reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2023, the largest contributors to Schaeffler's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 6,163,000 tCOâ‚‚e (91.89%)
  • Upstream Transportation and Distribution (Cat. 4): 374,000 tCOâ‚‚e (5.58%)
  • Fuel- and Energy-Related Services (Cat. 3): 139,000 tCOâ‚‚e (2.07%)

Schaeffler's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(5.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(2.1%)Purchased Goods andServices (Cat. 1)(91.9%)

Insights into Schaeffler's Total Carbon Footprint

In 2023, Schaeffler reported a total carbon footprint of 7,941,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.89% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Schaeffler's total carbon footprint was Scope 3 emissions, accounting for 84.46% of the company's total carbon footprint, followed by Scope 2 emissions at 13.29%.