2. Business strategy
  3. Sustainability roadmap

Sustainability roadmap

Responsible actions for shaping the future

In line with the Schaeffler Group’s sustainability goals, we are beginning our ESG journey that will change how we work, how we make decisions, and how we operate.

Net zero vision: leading ahead on climate neutrality

In CY22, India submitted its Intended Nationally Determined Coalition, or climate strategy, to the United Nations Framework Convention on Climate Change, which zeroed in on a set of balanced and equitable contributions. We are aligned with the Indian Government’s vision for creating a net zero world through our sustainability targets.

CY19

Base year

CY30

Climate-neutral production

CY40

Climate-neutral supply chain

CY70

India’s net zero target

The adage ‘what gets measured, gets managed’ is equally relevant when it comes to non-financial reporting.

ESG at Schaeffler is an integral part of the company’s strategy. We strongly believe that measuring, managing, and communicating non-financial performance is vital as we move ahead. ESG remains at the core of how we conduct our business, and our strategic roadmap has well-defined measurable targets across all three pillars.

We aim to pave the way for a progressive way of doing business and shaping the future.”


Satish Patel
Director – Finance & CFO

CY22 highlights

Awarded the

John Deere Global
Sustainability Award

Climate targets

(Scope 1, 2, and 3) validated by SBTi

Schaeffler India Sustainability Roadmap

Energy efficiency By CY24

4 GWh cumulated annual efficiency gains via the implementation of energy efficiency measures

Renewable energy By CY24

100% purchased power from renewable sources

Climate-neutral supply chain By CY40

CO2 reduction in the supply chain (Scope 3 upstream) compared to the base year CY19

Climate-neutral production By CY40

CO2 reduction in own production (Scope 1 and 2) compared to the base year CY19

Sustainable suppliers By CY22

90% of purchasing volume of production material from suppliers with sustainability self-assessments by CY22

Women in leadership By CY25

8% female employees

Employee safety By CY24

10% average annual reduction in accident rates (LTIFR)

Freshwater supply By CY30

20% reduction of freshwater supply compared to the base year CY19