Search term

Schaeffler publishes Sustainability Report

Pressrelease Stage Image
Thomas Fußhöller, Head of Sustainability, Environment, Health & Safety, assumed responsibility for sustainability management at Schaeffler at the start of the year.

2019-07-12 | Sutton Coldfield

  • Schaeffler pushing ahead with sustainability initiatives.
  • Overview of sustainability projects in 2018.
  • Corporate sustainability structures strengthened.

HERZOGENAURACH, July 12, 2019. Global automotive and industrial supplier Schaeffler has published its Sustainability Report for the 2018 financial year. The report, which is themed “Making progress visible”, provides a transparent and detailed overview of the company’s sustainability work in each of its four strategic fields of action: “Sustainable Management”, “Customers and Products”, “Environment and Energy” and “Employees and Society”.

Overview of sustainability projects at Schaeffler

The report was compiled in accordance with the guidelines of the Global Reporting Initiative (GRI). In keeping with the company’s previous sustainability reports, the 2018 edition details the Schaeffler Group’s non-financial goals and measures, which are core elements of its integrated sustainability strategy. In 2018, key focus areas of the Schaeffler Group’s sustainability management program included – among other things – the further development of sustainable supply chains and the resource-saving production of mobility solutions.

“As a global company, we bear a particular responsibility for the environment and society. That’s why a holistic approach to sustainability along the entire value chain is a core part of our value-driven strategic orientation. The evolving expectations of all stakeholder groups make it all the more important for us not only to report on our sustainability activities and achievements in a transparent fashion, but to also live up to our sustainability aspirations in our daily work,” said Corinna Schittenhelm, Chief Human Resources Officer at the Schaeffler Group.

The 2018 Sustainability Report, which is Schaeffler’s third, once again exceeds the reporting standards mandated by Germany’s CSR Directive Implementation Act (CSR-RUG), underscoring the company’s commitment to comprehensive, transparent and pioneering sustainability initiatives. The report also lays out the company’s contributions to achieving the United Nation’s Agenda 2030 Sustainable Development Goals (SDGs). Through its business activities, Schaeffler is doing its part by meeting ten of the 17 SDGs.

Corporate sustainability structures strengthened

Since January 2019, Schaeffler has bolstered its corporate sustainability structures, including the creation of a dedicated department that reports directly to the HR division at Board of Managing Directors level. Responsibility for sustainability issues is now bundled under the leadership of Thomas Fußhöller, who joined the Schaeffler Group as Head of Sustainability, Environment, Health & Safety at the beginning of the year.

By taking this step, Schaeffler has strengthened its in-house sustainability management function and signaled its commitment to vigorously pursuing its sustainability strategy in partnership with selected stakeholders.

The Schaeffler Group’s Sustainability Report, featuring an array of interactive graphical elements, is available online. For the latest information updates on sustainability issues, please visit our website.

About Schaeffler

The Schaeffler Group is a global automotive and industrial supplier. By delivering high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for a large number of industrial applications, the Schaeffler Group is already shaping “Mobility for tomorrow” to a significant degree. The technology company generated sales of approximately EUR 14.2 billion in 2018. With around 92,500 employees, Schaeffler is one of the world’s largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies. With more than 2,400 patent registrations in 2018, Schaeffler is Germany’s second most innovative company according to the DPMA (German Patent and Trademark Office).

Contact:

Thorsten Möllmann, Senior Vice President Global Communication & Branding, Schaeffler AG, Herzogenaurach,

Phone +49 9132 82-5000, e-mail: presse@schaeffler.com

Bettina Lichtenberg, Vice President Corporate Communications, Schaeffler AG, Herzogenaurach

Phone +49 9132 82-5000, e-mail: presse@schaeffler.com

Publisher: Schaeffler (UK) Ltd
Country: United Kingdom

Related media
Documents
Downloads

Package (Press release + media)

Share Page

Schaeffler applies cookies to secure an optimal use. With the further use of this website you accept the application of cookies. More Information

Accept