Zf Friedrichshafen Ag 2023 AR2
The report outlines the company's financial and sustainability performance for fiscal year 2023, highlighting sales of ’46.6 billion and an adjusted EBIT margin of 5.1%. The company accelerated its climate goals, committing to supply all plants with 100% green electricity by 2025 instead of 2030, while maintaining its target of full climate neutrality by 2040. Key strategic developments included a partnership with Foxconn for the chassis systems business and a collaboration with Wolfspeed for silicon carbide semiconductor technology. Additionally, the company received the German Sustainability Award in the Automotive Industry category for its circular economy efforts in component remanufacturing.
Company: Zf Friedrichshafen Ag
Year: 2023
Type: AR2
Pages: 180
Zf Friedrichshafen Ag
Annual Report
The report outlines the company's financial and sustainability performance for fiscal year 2023, highlighting sales of ’46.6 billion and an adjusted EBIT margin of 5.1%. The company accelerated its climate goals, committing to supply all plants with 100% green electricity by 2025 instead of 2030, while maintaining its target of full climate neutrality by 2040. Key strategic developments included a partnership with Foxconn for the chassis systems business and a collaboration with Wolfspeed for silicon carbide semiconductor technology. Additionally, the company received the German Sustainability Award in the Automotive Industry category for its circular economy efforts in component remanufacturing.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Net Zero Target
Employees