Value added is defined as the value created by the activities of our business and how it is divided between the people who have contributed to its creation.
| CY22( ` in mn) | CY21 ( ` in mn) | |
|---|---|---|
 Reinvested earnings |
8,823.1 | 6,321.7 |
 Providers of debt |
Nil | Nil |
 Employee benefits |
4305.9 | 3,952.2 |
 Providers of equity capital |
2,500.8 | 1,187.9 |
 Contribution to society |
118.3 | 110.5 |
| Total value added | 15,783.6 | 11,609.0 |
In CY22, Schaeffler Group further developed its sustainability strategy along the dimensions of Environment, Social, and Governance (ESG).
Provides capital to us in exchange for ownership or debt instruments with the expectation of generating financial returns on their investment.
Superior stakeholder returns through the optimal utilisation of resources.
Return on Capital Employed
Those who use our products and services. They range from large original equipment manufacturers (OEMs), public sector undertakings (PSUs), and small and medium-sized enterprises (SMEs) to emerging startups in the new mobility industry, who are directly serviced.
Best-in-class products and services.
Schaeffler India Loyalty Index
Everyone either directly or indirectly employed by us to conduct our operations.
Protecting and nurturing our employees.
Employee engagement according to the pulse survey score
Those who have a direct working or contractual relationship, or share mutual interest with us.
Creating an inclusive ecosystem
for partners.
Supplier training
Those who live in areas where we work or where we have assets. For example, locals, schools, and charities.
Empowering beneficiaries through our corporate social responsibility (CSR) activities.
Lives impacted
Everyone either directly or indirectly employed by us to conduct our operations.
Minimising our impact on
the environment.
Reduction in Scope 1 emissions
*As on December 31, 2022
