Schaeffler Gets an “A” Grade from CDP in the Climate Change Category

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“The renewed award with the grade 'A' in the area of climate change is a recognition and award of our commitment to sustainability. At the same time, we are aware that there is still a lot of work ahead of us to achieve our ambitious sustainability goals. Even after the merger with Vitesco Technologies, we will continue to consistently drive forward the sustainable development of the company. Sustainability remains an important prerequisite for becoming the leading Motion Technology Company.” - Klaus Rosenfeld, CEO of Schaeffler AG.

February 2025 : The Schaeffler Group has once again been awarded an “A” rating in the climate change category for its commitment to sustainability in fiscal 2024 by CDP. In the water category, Schaeffler received an “A-”, the same score as in the previous year. This means that yet again, it is one of the companies to have reached the highest level of recognition for environmental leadership.

Klaus Rosenfeld, CEO, Schaeffler AG, explains, “The renewed award with the grade 'A' in the area of climate change is a recognition and award of our commitment to sustainability. At the same time, we are aware that there is still a lot of work ahead of us to achieve our ambitious sustainability goals. Even after the merger with Vitesco Technologies, we will continue to consistently drive forward the sustainable development of the company. Sustainability remains an important prerequisite for becoming the leading Motion Technology Company.”

Inclusion in CDP’s “A List 2024” is testament to the high-quality, comprehensive and transparent data Schaeffler has collected in conjunction with its sustainability programs. This provides stakeholders with a comprehensive overview of environmental impacts and serves as the basis for the company’s sustainable transformation.

Moreover, this rating also recognizes Schaeffler's disclosures in the area of opportunity and risk management, with examples from its Operations, Wind Power, Transportation and E-Mobility segments.

The company’s Climate Action Plan, which was developed in 2022 to help the Schaeffler Group advance its decarbonization strategy, was a further important factor in this good result.

In the water security category, the “A-” once again reflects the higher requirements to be met.

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