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SCHAEFFLER and CERATIZIT sign sustainability target agreements
CERATIZIT and Schaeffler sign second sustainability pact, focusing on eco-friendly materials and ethical practices, strengthening their long-term partnership.
www.ceratizit.com

CERATIZIT’s Hard Material Solutions Division signed a sustainability target agreement with the leading Motion Technology Company Schaeffler. In it CERATIZIT and Schaeffler have agreed on targets for wear protection products made of carbide. A material that due to its durability and reusability, reduces resource consumption over the whole product live span. With the ecological footprint and a further reduction in resource consumption in mind, the CERATIZIT portfolio also includes a range of premium carbide grades made from reclaimed carbide powder, which are characterized by a particularly low CO2 footprint.
This marks the second collaboration between the two companies in the field of sustainability, after the successful and ongoing implementation of an initial sustainability target agreement in the CERATIZIT’s Cutting Tool Solutions Division. In the previous agreement, it was decided to focus on the sustainable development and production of high precision cutting tools. First results show lower Product Carbon Footprint (PCF) figures across the portfolio.
Sustainability strategy as the foundation
CERATIZIT's ambitious sustainability strategy and the progress made in recent years were crucial in meeting the requirements for agreements with Schaeffler. For example, CO2 emissions of 2023 were reduced by 22% compared to 2020. Another key component for the agreement is the transparency provided by CERATIZIT's Product Carbon Footprint information, applicable to both cutting tools and wear protection solutions.
The collaboration is an important element of the respective sustainability strategy of the two companies. “Schaeffler assumes ecological and social responsibility throughout the entire value chain. Our agreements with CERATIZIT are further important milestones in our sustainable purchasing strategy, which involves prioritizing environmentally friendly materials and promoting suppliers adhering to ethical and eco-friendly practices,” said Marco Troccoli, Head of Purchasing & Supplier Management Tools at Schaeffler.
www.ceratizit.com

