An organisation’s success is no longer measured just by its financial performance. Its contribution to conservation of the environment and its ability to conduct business in a responsible manner are equally important factors. At Schaeffler, we have always been aware of our impact on society and the environment and have consciously worked towards giving back.
Our sustainability strategy, ‘responsibility for tomorrow’ outlines our specific focus areas in this domain. Our annual sustainability targets across these focus areas act as guiding posts that ensure we are on the right track, even in the most challenging times.
We have identified the Sustainable Development Goals (SDGs), set by the United Nations General Assembly, which are aligned with our focus areas.
Sustainability is at the core of our policies when engaging with both internal and external stakeholders. We undertake effective sensitisation of people across different functions and business segments on the importance of achieving our sustainability targets.
As part of its CSR programme,
Schaeffler India has consolidated its
activities and focus exclusively on
a few core areas, which will make a
meaningful impact on the community
and make a difference. HOPE is
Schaeffler India’s umbrella initiative
encompassing the values, vision
and mission of the organisation.
Through this initiative, Schaeffler
India strives to contribute to the
motto – (May everyone
be happy). It is derived from the four
core areas of focus – Healthcare,
Occupational skill, Preservation of
national heritage, art and culture
and Empowerment of society. Under
HOPE, Schaeffler India runs a number
of initiatives for the four focus areas.
Likewise, we have put in place policies to ensure we partner with organisations, which conduct their business in a responsible manner. These are applied across our entire supply chain, right from sourcing of raw materials to delivery of final products to the customers.
We have a comprehensive ‘Supplier Code of Conduct’ 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.
Our plants and operations have received various certifications, namely, ISO 14001 – Environment Management (EMS), EMAS III – Eco-Management and Audit, ISO45001 – Occupational Health and Safety and ISO 50001 – Energy Management (EnMS).
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