Schaeffler has been awarded an “A” score in the climate change category for 2023 by the global non-profit environmental organization CDP for its commitment to corporate transparency and performance.

In the water category, the score was “A-”. Based on data obtained from the CDP questionnaire on climate change, Schaeffler is one of the few companies assessed in 2023, numbering more than 21,000, to achieve an “A” score.

CDP runs the world’s largest environmental database. Once a year, it collects data and information from companies on their greenhouse gas emissions and climate risk profiles as well as on their reduction targets and strategies.

“This confirmation of Schaeffler’s “A” rating in the area of climate change is a strong signal and confirmation of the successful manner in which we are implementing our sustainability strategy. I am nevertheless aware that there is still a lot to be done to achieve our ambitious goals,” states Schaeffler CEO Klaus Rosenfeld.