2. Our integrated performance
  3. Natural capital

Natural capital

Committed to being
energy efficient

We are conscious of our responsibility towards the environment and are judicious in natural resource utilisation. From developing products that make the world greener to adopting solar energy across our plants and locations, we have a complete overview of our carbon footprint and are committed to keep it under check.

Sustainability is at the core of our policies when engaging with both internal and external stakeholders. Every employee across the Schaeffler Group has taken the onus for reducing energy and water consumption, minimising wastages and reducing Greenhouse Gas (GHG) emissions across our activities.

We have also adopted well-defined and tested processes aligned to a sustainability mindset across the entire supply chain – whether it is about sourcing our raw materials or delivering the end products to the customers. Our 'Supplier Code of Conduct' is a comprehensive document that covers policies around fair competition, prohibition of forced or child labour, and safety in the working environment, besides focusing on working with integrity.

Since 2018, we have consolidated our warehouses and distribution centres to drive all-round efficiency and become leaner and more agile. This exercise has led to reduction of over 1,27,600 kms of truck movement and 84,216,000 gms of CO2 emissions per litre of diesel over the past two years.

Schaeffler Group and all its entities are committed to the vision which states 'as a technology leader, we strive to shape the future of mobility for a cleaner, safer and a smarter world'. We believe it is imperative to look beyond green mobility to create a sustainable world with reduced energy consumption by companies like us and our customers alike.

Under Schaeffler's sustainability strategy 'Responsibility for tomorrow', we constantly endeavour to contribute in fighting climate change. Our aim is to achieve climate neutrality across all our plants and we have made steady progress in this direction in 2019.

We are proactively engaged in the development of renewable energy production across wind and hydropower. We are exploring and striving to optimise opportunities to expand our offerings in conventional energy generation as well.

Initiatives towards energy conservation

  • Adopted greener products and solutions such as clean coolant pumps, LED lights and energyefficient air compressors and pumps
  • Installed gas-based air conditioning units
  • Implemented and promoted best practices such as interlocking conveyor motors when idle

Case Study: Embracing solar energy

Key initiatives

We installed solar panels at our Pune plant in 2018. These panels have a capacity of 750 KW, which can meet 10% of the total electricity consumptions of the plant.

Some of the salient features include

  • Water-cooled HVAC systems with higher efficiency and lower running cost
  • North Light Glazing with clear laminated glass to increase natural lights during daytime
Average per month solar power generation of

70,746 KWh

which is worth ` 6,36,720 in value of traditional energy units

Maximum power generation in May 2019

89,850 units

On an average, solar power formed 5.3% of total energy consumption at Schaeffler India in 2019

Currently, solar energy is being adopted at our Savli plant in Vadodara. Our aim is to implement it across all our plants and locations over the next few years.