Winner of the "Most Sustainable Enterprise" and "Energy Efficiency Star" titles Schaeffler Committed to Developing Green Positive Energy

2014-03-07 | Shanghai

Shanghai, February 11, 2014 Schaeffler, a world renowned supplier of automotive and industrial products, was recently awarded the Most Sustainable Enterprise and Energy Efficiency Star titles in the Chinese market, demonstrating the company's outstanding contribution to green and sustainable development.

"China is currently in the process of ‘upgrading’ its economy by paying more attention to energy efficiency," said Marcel Siedentopf, Director Industrial Engineering for Schaeffler Greater China. "Schaeffler's Taicang production base is implementing an energy efficiency transformation scheme that has reduced its annual carbon dioxide emissions by nearly 3,400 tons — equivalent to burning over1,200 tons less standard coal — and has saved the business in excess of RMB 6 million every year."

Green energy schemes such as this have led to Schaeffler being recently named the 2013 Most Sustainable Enterprise by the China Urban Economic Sustainable Development Committee (CUESDC), and awarded the Energy Efficiency Star by Suzhou Municipal Commission of Economy and Information Technology.

Dr. Zhang Yilin, Managing Director and Regional CEO of Schaeffler Greater China, said that energy consumption is an inevitable part of production processes for manufacturers, but that Schaeffler is committed to minimizing energy consumption through a variety of advanced energy saving technologies, in order to create a green and sustainable environment for its employees and the community.

A spokesperson for CUESDC, which organizes the Most Sustainable Enterprise award, said that Schaeffler stood out from nearly one hundred high-performing sustainable enterprises by showing that it had fully implemented the concepts of "low-carbon strategy, innovation strength, application, social responsibility, and sustainability".

Currently, each Schaeffler production base operates strictly in accordance with international standards and is certified to ISO 14001 for environmental management systems and OHSAS 18001 for occupational health and safety, as well as holding eco-management and audit scheme (EMAS) certification.

Dr. Zhang Yilin said that enterprises are the backbone of social and economic development, and that responsible enterprises are a source of positive energy that promotes the development of business. Schaeffler is willing to fulfill its social responsibilities as an enterprise by offering efficient, green, high-quality products and services, and by implementing sustainable development initiatives.

About the Energy Efficiency Star

The Energy Efficiency Star is an appraisal and service scheme organized by Suzhou Municipal Government to promote energy efficiency among enterprises. It meets advanced Chinese standards and has been recognized by international authorities. The US-based Energy Foundation actively publicizes Suzhou's energy conservation work among international organizations, while the UK government’s FCO Prosperity Fund programme is also involved in the Energy Efficiency Star scheme and provides financial support towards the Suzhou Energy Rating Label System Development, Promotion and Replication Scheme. The Lawrence Berkeley National Laboratory, the Energy Research Institute of NDRC, the Resource and Environment Branch of CNIS and other agencies have also given strong concerted support to the establishment of the Energy Efficiency Star energy conservation brand.

About Schaeffler

Schaeffler with its product brands INA, LuK and FAG is a leading provider of rolling bearing and plain bearing solutions and of linear and direct drive technology, as well as a renowned supplier to the automotive industry of high-precision products and systems for engines, transmissions, and chassis applications. As a globally active group of companies, Schaeffler generated sales of approximately 11.1 billion euros in 2012, and has approximately 78,000 employees worldwide. Schaeffler is one of the largest German and European industrial companies in family ownership. With 180 locations in over 50 countries, Schaeffler has a worldwide network of manufacturing locations, research and development facilities, sales companies, engineering offices, and training centers.

About Schaeffler Greater China

Since its investment in China in 1995, Schaeffler Greater China has built up competitive advantages in manufacturing, sales, R&D, technical support and services, which are widely used in China's automobile industry and industrial markets, helping customers to create superior value. Schaeffler Greater China has nearly 8,000 employees, one R&D center in Anting, eight production bases in Taicang, Suzhou, Yinchuan and Nanjing, and 20 sales offices throughout Greater China including Beijing, Shanghai, Guangzhou, Hong Kong, and Taiwan. Upholding the concept of "local resources serving the local market", Schaeffler Greater China is committed to providing products at the best quality and zero distance services to customers, and contributing to the sustainable development of the Group and society. Website of Schaeffler Greater China: www.schaeffler.cn