Schaeffler AG 2024 AR2

The report details Schaeffler AG's financial and sustainability performance for the fiscal year 2024, highlighting the successful completion of the business combination with Vitesco Technologies Group AG. This merger significantly expanded the company's business and technology portfolio, particularly in electronics, sensors, and control units, leading to a realignment into four product-focused divisions. Environmentally, the company achieved its target of sourcing 100% of purchased electricity from renewable energy at all locations with annual consumption over 150 MWh, including all 104 plants. Additionally, the company completed and commissioned its new technology center in Herzogenaurach to pool development expertise for sustainable mobility and energy ecosystems.

Company: Schaeffler AG

Sector: Consumer Discretionary

Country: Germany

Year: 2024

Type: AR2

Pages: 267

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Schaeffler AG

Schaeffler AG 2024 Annual Report

Annual Report

The report details Schaeffler AG's financial and sustainability performance for the fiscal year 2024, highlighting the successful completion of the business combination with Vitesco Technologies Group AG. This merger significantly expanded the company's business and technology portfolio, particularly in electronics, sensors, and control units, leading to a realignment into four product-focused divisions. Environmentally, the company achieved its target of sourcing 100% of purchased electricity from renewable energy at all locations with annual consumption over 150 MWh, including all 104 plants. Additionally, the company completed and commissioned its new technology center in Herzogenaurach to pool development expertise for sustainable mobility and energy ecosystems.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Dec 13, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees