SCHAEFFLER AG.
SHA0.XETRA | Manufacture of parts and accessories for motor vehicles
Schaeffler AG is a global automotive and industrial supplier. The company manufactures precision components and systems for drive train and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. Schaeffler operates through three divisions: ...Show More
Better Health for All
0
Schaeffler AG's core business is manufacturing precision components and systems for automotive and industrial applications. The provided articles do not contain evidence that the company's principal goods or services have a direct positive or negative health impact on consumers, nor do they generate revenue from products with established negative health outcomes. There is no information regarding the affordability or accessibility of health-related products, as the company does not offer them. Similarly, there is no evidence of investment in health innovation, health externalities (beyond general environmental impacts which are excluded from this value), health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, or healthcare education. The company's products do not have addiction potential, nor does it conduct clinical trials or hold healthcare-related patents. While some articles mention internal occupational health and safety initiatives and mental health support for employees, these are explicitly excluded from the 'Better Health for All' value assessment.
Fair Money & Economic Opportunity
0
Schaeffler AG is a global automotive and industrial supplier, manufacturing precision components and systems. The company's core business lies outside financial services, lending, or deposit services to consumers. Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are not applicable, as the company does not offer financial products or services that would generate data for these metrics. The provided articles discuss internal diversity and inclusion initiatives, corporate financial performance, and manufacturing expansions, but none of this information pertains to the company's role as a financial institution or its impact on financial inclusion for external clients.
1
Fair Pay & Worker Respect
0
The company's average Work Happiness Score is 63.
1
Fair Trade & Ethical Sourcing
10
All relevant suppliers of production and non-production materials are required to accept the Schaeffler Group Supplier Code of Conduct or provide proof of an equivalent document.
1
The Code of Conduct states that violations will result in the termination of the supplier relationship.
2
Regarding high-risk materials, 96.3% of smelting plants in the pre-supply chain were certified by the Responsible Minerals Initiative (RMI) or not located in risk areas in 2022, focusing on conflict mineral mica.
3
This indicates that 3.7% of smelting plants were either uncertified or located in risk areas.
Honest & Fair Business
0
No evidence available to assess SCHAEFFLER AG on Honest & Fair Business.
Kind to Animals
0
No evidence available to assess SCHAEFFLER AG on Kind to Animals.
No War, No Weapons
0
The provided articles do not contain specific, quantifiable evidence to assess Schaeffler AG against the 'No War, No Weapons' ethical value. While some articles mention general compliance, export control, and human rights due diligence, they lack concrete data points such as revenue from arms contracts, scope of R&D investment in dual-use technologies, sales to embargoed regimes, peacebuilding investments, or details on ethical red lines and their compliance rates.
1
Therefore, no KPIs can be scored based on the available information.
Planet-Friendly Business
-30
In 2023, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 7,082 thousand tCO₂e.
1
It has SBTi-validated targets for climate-neutral production by 2030 and a climate-neutral supply chain by 2040, with a 25% reduction target for Scope 3 upstream emissions by 2030 compared to 2019.
2
In 2023, 87.6% of its operational energy consumption was sourced from renewables, up from 76.5% in 2022.
3
Water withdrawal per revenue was 0.3 thousand m³ per € million in 2023.
4
All facilities (100%) were green certified in 2023.
5
The waste diversion rate was 94.0% in 2023.
6
Capital expenditure aligned with the EU Sustainable Taxonomy was 12.9% in 2023.
7
The company has a net-zero target year of 2040 for its supply chain.
8
Schaeffler Technologies received a $281,050 penalty for an environmental violation in 2002.
9
The company has partial TCFD mapping but lacks scenario analysis.
Respect for Cultures & Communities
0
No evidence available to assess SCHAEFFLER AG on Respect for Cultures & Communities.
Safe & Smart Tech
0
Schaeffler's compliance program includes information and cybersecurity aligned with ISO/IEC 27001, indicating adherence to a recognized security standard.
1
The company's privacy policy outlines user rights to access, rectify, erase, and restrict data processing, as well as data portability.
2
It also states that data is retained only as long as necessary for the purpose of collection.
3
Furthermore, Schaeffler explicitly confirms compliance with GDPR and local data protection laws (BDSG).
4
The company also maintains an incident reporting system available 24/7 in multiple languages for reporting potential violations.
5
No specific quantitative data or further details on the implementation or effectiveness of these measures are provided in the articles.
Zero Waste & Sustainable Products
-40
The Schaeffler Group achieved a total recycling rate of 94.0% in 2023 and 2022.
1
Eight of its locations have reached 100% recycling status.
2
The company aims to increase its recycling rate to eliminate production-related waste disposal.
3
Schaeffler has a circular economy strategy focusing on reuse, repair, refurbishment, remanufacture, and recycling, with these strategies incorporated into its Green Products initiative in 2023.
4
The company aims to optimize resource use from the product design phase, considering material efficiency and product repairability.
5
Schaeffler plants follow a waste hierarchy of avoid, reuse, recycle, recover energy, and disposal, with scrap waste nearly 100% recycled or reused.
6
Waste coordinators are appointed at locations generating over 25 metric tons of non-hazardous or 2 metric tons of hazardous waste annually, and disposal service providers are assessed.
7
Products are primarily made from steel, which can be melted down into crude steel at end-of-life.
8
Schaeffler develops product solutions with extended service life and longer maintenance intervals for rail transport.
9
Annual waste audits are conducted for all major facilities.
10
The company has had no waste disposal violations in the past three years.
11
Schaeffler aims to optimize material efficiency through simulation technology and virtual engineering.
12
All relevant suppliers of production and non-production materials must accept the Schaeffler Group Supplier Code of Conduct or provide equivalent documentation.
13