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Sustainable Procurement Policy

Sustainability is an integral part of Schaeffler’s DNA. This includes identifying, managing, and optimizing the ecological, social, and economic effects in the supplier network. Supplier management now has to fulfill more than just the requirements of a globally interconnected world. Modern technologies require raw materials, which frequently come from critical regions of the world. Climate change and the increasing scarcity of resources are also affecting our supply chains. In this context, we have made it a key objective to achieve climate neutrality in our supply chains by 2040. As an intermediate objective, we want to achieve a 25 % reduction in the CO₂ emissions in our supply chains by 2030.

Media category: Document
Date: 2022-03-31
Publisher: Schaeffler AG
Pages: 1
Language: English
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