Schaeffler Group – We pioneer motion
As a leading global supplier to the automotive and industrial sectors, the Schaeffler Group has been driving forward groundbreaking inventions and developments in the fields of motion and mobility for over 70 years.
With innovative technologies, products, and services for CO2-efficient drives, electric mobility, Industry 4.0, digitalization, and renewable energies, the company is a reliable partner for making motion and mobility more efficient, intelligent, and sustainable. The technology company manufactures high-precision components and systems for drive train and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications.
The technology company generated sales of approximately 14.4 billion euros in 2019. With around 83,700 employees, Schaeffler is one of the world’s largest family companies and, with approximately 170 locations in over 50 countries, has a global network of manufacturing locations, research and development facilities, and sales companies.
We pioneer motion to advance how the world moves
Motion and mobility are key factors for successfully meeting our global challenges. Our success will depend largely on our ability to rethink and produce pioneering solutions for motion and mobility. The invention of the cage-guided needle roller bearing put Schaeffler at the forefront of motion and mobility right from the outset. We design both rotary and linear motion, in automobiles, machines, wind turbines, and many other industrial applications.
This passion for technology and innovation has always been a core element of our DNA, and it is precisely this pioneering spirit, together with our courage and curiosity, that continues to drive us forward. The concept of motion involves more than just mobility. So, our mission goes beyond merely designing the “mobility of the future”, particularly since, from a supplier’s perspective, pioneering motion is about teamwork and partnership.
On the path of digital transformation
Smartphones and social media have transformed communications throughout the world. Now the Internet of Things (IoT) is poised to link together vehicles, machines and people. Schaeffler is undergoing a digital transformation.
In our implementation of specific digital solutions, we make a distinction between two fundamental approaches. The first approach is the optimization of the value-added chain, internally at Schaeffler and in interaction with our business partners. Secondly, we leverage additional sales potential with digital solutions. Based on new digital concepts, we thus ensure the added value of our existing business models and create a basis for accessing new markets.
Responsibility for Tomorrow
Long-term thinking and responsible actions have always characterized the culture of the Schaeffler Group as a family business. To the Schaeffler Group, sustainability means enabling a future worth living by fostering the growth of the Schaeffler Group with a long-term view and continuity for the benefit of all stakeholders. Led by our company values “sustainable”, “innovative”, “excellent”, and “passionate” the company provides the basis for long-term, profitable growth.
With its Sustainability Strategy, the Schaeffler Group defines the framework for its corporate responsibility and in this way, among other things, makes a contribution to meeting the United Nations Sustainable Development Goals.
The Sustainability Strategy, with its four fields of action “Sustainable Management”, “Customers and Products”, “Environment and Energy”, and “Employees and Society” provides the framework for taking active responsibility at Schaeffler. The objective is to combine economic success with responsible activity – together with business partners, the environment, employees, and society.