Schaeffler Publishes Its 2018 Sustainability Report

Schaeffler, a global provider of the wind, automotive and industry sectors, has published its Sustainability Report for the year 2018. The report, whose title is "Make progress visible", offers a transparent and detailed vision of the initiatives of sustainability of the company in each of its four strategic fields of action: ?Sustainable management?, ?Clients and products?, ?Environment and energy? and ?Employees and society?.

Summary of Schaeffler's sustainability projects

The report has been prepared in accordance with the guidelines of the Global Reporting Initiative (GRI). In line with the company's previous sustainability reports, the 2018 edition details the measures and non-financial objectives of the Schaeffler Group, key elements of its integrated sustainability strategy. In 2018, the key areas of the Schaeffler Group's sustainability management program included, among other issues, the continuous development of sustainable supply chains and the production of mobility-saving solutions.

?As a global company, we assume a special responsibility with the environment and society. For this reason, the holistic approach to sustainability throughout the entire value chain is a fundamental part of our strategic orientation driven by values. Due to the evolution of the expectations of all stakeholders , it is extremely important for us not only to report with transparency about our activities and achievements in terms of sustainability, but also to live up to our aspirations for sustainability in our daily work ”, has explained Corinna Schlittenhelm, Chief Human Resources Officer of the Schaeffler Group.

The 2018 Sustainability Report, the third of Schaeffler, once again exceeds the information standards established by the German Corporate Social Responsibility Directive (CSR), underlining the company's commitment to to comprehensive, transparent and pioneering initiatives in sustainability. The report also presents information on the company's contributions to the achievement of the Sustainable Development Goals of the United Nations 2030 Program. Through its business activities, Schaeffler makes its own contribution to meet ten of these 17 objectives.

Corporate sustainability structures have been strengthened

Since January 2019, Schaeffler has strengthened its corporate sustainability structures, including the creation of a specific department that depends directly on the Human Resources Division of the Board of Directors. The responsibility for sustainability issues is now under the direction of Thomas Fu?h?ller, who joined the Schaeffler Group earlier this year as Director of Sustainability, Environment, Health and Safety at work.

With this measure, Schaeffler has strengthened its internal sustainability management and has demonstrated its commitment to continue vigorously promoting its sustainability strategy in collaboration with the selected stakeholders.

The Schaeffler Group Sustainability Report, which includes a series of interactive graphic elements, is available online . For updated information on sustainability issues, visit our website .