Second Party Opinion: Schaeffler AG's Green and Sustainability-Linked Financing Framework - S&P Global Ratings’ Credit Research

Second Party Opinion: Schaeffler AG's Green and Sustainability-Linked Financing Framework

Second Party Opinion: Schaeffler AG's Green and Sustainability-Linked Financing Framework - S&P Global Ratings’ Credit Research
Second Party Opinion: Schaeffler AG's Green and Sustainability-Linked Financing Framework
Published Aug 03, 2023
15 pages (6452 words) — Published Aug 03, 2023
Price US$ 600.00  |  Buy this Report Now

About This Report

  
Abstract:

Schaeffler AG is a global supplier to the automotive and industrial sectors headquartered in Herzogenaurach, Germany. Together with its subsidiaries, the company manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and Asia-Pacific. In 2022 the group generated sales of €15.8 billion from its three operating business divisions: Automotive Technologies (60.1%), Industrial (27%), and Automotive Aftermarket (12.9%).

  
Brief Excerpt:

...Aug. 03, 2023 Schaeffler AG is a global supplier to the automotive and industrial sectors headquartered in Herzogenaurach, Germany. Together with its subsidiaries, the company manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and Asia-Pacific. In 2022 the group generated sales of 15.8 billion from its three operating business divisions: Automotive Technologies (60.1%), Industrial (27%), and Automotive Aftermarket (12.9%). In our view, Schaeffler AG's Green and Sustainability-linked Financing Framework published on Aug. 3, 2023 is aligned with: Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1) Green Loan Principles, LMA/LSTA/APLMA, 2023 Sustainability-Linked Bond Principles, ICMA, 2023 Sustainability-Linked Loan Principles, LMA/LSTA/APLMA, 2023...

  
Report Type:

Commentary

Issuer
Schaeffler AG
GICS
Auto Parts & Equipment (25101010)
Sector
Global Issuers
Country
Germany
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Second Party Opinion: Schaeffler AG's Green and Sustainability-Linked Financing Framework" Aug 03, 2023. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Schaeffler-AG-s-Green-and-Sustainability-Linked-Financing-Framework-3029310>
  
APA:
S&P Global Ratings’ Credit Research. (). Second Party Opinion: Schaeffler AG's Green and Sustainability-Linked Financing Framework Aug 03, 2023. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Second-Party-Opinion-Schaeffler-AG-s-Green-and-Sustainability-Linked-Financing-Framework-3029310>
  
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