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 powertrain and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications.
The Schaeffler Group generated sales of approximately EUR 12.6 billion in 2020. With around 83,900 employees, Schaeffler is one of the world’s largest family companies and, with approximately 200 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
There is no escaping the digitalization trend in today’s world. This is literally happening everywhere. State-of-the-art information technologies such as the cloud, artificial intelligence, the Internet of Things, and digital twins offer a host of potential. The increasing merging of the real and digital worlds opens up opportunities for Schaeffler and its customers along the entire value-added chain.
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 us, 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.
The new Roadmap 2025 defines three strategic priorities – innovation, agility, and efficiency – which are essential tools for the future. The subprogram “Sustainability & Engagement” anchors sustainability in the corporate strategy Roadmap 2025. The sustainability committee defined seven concrete sustainability targets in 2019.
More information about sustainability at Schaeffler can be found in our Sustainability section