Focus Forward Annual Report

Overview

The report describes ZF's 2023 sustainability strategy, including an ambition to achieve net zero emissions across all three scopes by 2040 and an 80% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2019 base year. It also highlights the accelerated target for 100% green electricity by 2025, Group-wide Sustainability Steering Board and Council governance, and a CSRD-aligned double materiality analysis. Group disclosures include 4,048,548 MWh of total energy consumption and 168,738 employees at year-end.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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