At Schaeffler India, we align our business strategy with ESG priorities unique to India’s mobility and industrial landscape. By offering energy efficient automotive and industrial solutions, we aim to drive meaningful change and deliver lasting value to our customers.
Our commitment extends through localised manufacturing excellence and targeted skill development initiatives that address India’s unique opportunities and challenges. We are actively shaping India’s sustainable development while building long-term business value for our stakeholders.
Purpose
We pioneer motion to advance
how the world moves.
Mission
We offer innovative products and
services in the fields of motion
Values
Schaeffler India’s fifth integrated report is prepared in accordance with the Integrated Reporting Framework of the IFRS Foundation. This report aims to transparently communicate to stakeholders the Company’s capability to create value over the short, medium and long-term. It highlights the Company’s strategy, achievements, value creation model, holistic performance, risk management and mitigation, megatrends and opportunities and financial and non-financial performance, including Environmental, Social and Governance (ESG) initiatives. This report extends beyond financial reporting and includes non-financial performance, opportunities, risks and outcomes attributable to or associated with our key stakeholders, which have a significant influence on our ability to create value.
Apart from abiding by the guiding principles and content elements of the International Framework <IR>, this report abides by the following frameworks, guidelines, and standards:
National Voluntary Guidelines (NVGs)
Companies Act, 2013 (and the rules made thereunder)
Indian Accounting
Standards
Securities and Exchange Board of India
Secretarial Standards issued by the Institute of Company Secretaries of India
Global Reporting Initiative (GRI) (core option) standards
Sustainability Accounting Standards Board (SASB) standards Disclaimer: The Company is not liable with regard to any data/information appearing in this report, taken from the public domain.
At Schaeffler India, we focus on creating value by optimising outcomes and outputs for our stakeholders.
Read
more about our value creation model
Customer
Suppliers
and Partners
Environment
Investors
Community
Employees
The integrity of the information presented in this report is verified by the management of Schaeffler India Limited to the best of their knowledge.
The non-financial information (BRSR core parameters) is assured by BSI Group India Private Limited as a third-party assurance provider.
