Realignment of sustainability strategy
First-time incorporation of sustainability targets into variable component of executive pay
Major improvement in sustainability rating
Sustainability has been fundamental to Schaeffler’s values and activities for many years. As a global technology company, the Schaeffler Group is proactively helping to shape the far-reaching transition currently taking place in the mobility and energy sector. “Over the past year, customer, investor and public expectations of sustainability management in business have changed dramatically and crystallized around climate change,” said Schaeffler AG Chief Executive Officer Klaus Rosenfeld. “We have responded to this by adapting and refining our sustainability management practices.”
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