Are your sustainability activities already yielding a competitive edge for you?
"We’re witnessing a significant increase in sustainability criteria demanded by customers. What’s more, the pandemic has proved that swift and effective solutions are possible when necessary. This must also apply to traffic if we want to meet the Paris climate targets. This realization is playing into our hands, because we’re offering solutions for more efficient traffic in all areas of mobility and are successful in doing so.”
How far are you on your journey towards becoming climate neutral?
"We can contribute to climate neutrality in two ways: through our products, which reduce emissions in street traffic, and through our production. In our strategy, we’ve firmly anchored the goal of becoming climate neutral by 2040 – that’s ten years ahead of the deadline set by the Paris Climate Agreement. This year, we’ll continue to refine our plan of measures and lay down concrete intermediate steps on our path towards becoming carbon neutral.”
How important is the supply chain for your company’s ability to meet its sustainability goals?
"The supply chain has traditionally been an important element in any sustainability strategy. For a company of our size, compliance with human rights and employee rights along with climate neutrality at every stage of the value chain is an indispensable building block when it comes to enhancing worldwide acceptance and reputation. For us at ZF, these aspects have always played an important role. Which is why we’re also fully committed to the UN Global Impact, which we joined in 2012, as well as the UN Sustainable Development Goals (SDGs), set in 2015.”
Are there any sustainability areas where you feel you have some catching up to do?
"Sustainability is multi-faceted process. Which is why it’s not about catching up but instead, about a continuous need to act. In 2021, a major focus of ours will be diversity. We already began working on several projects in this field last year. Another topic where we still see great potential is the circular economy. We’re also placing great hope for sustainable development on digitalization, which we see as a major driver of the green transformation. In this area, however, we’re largely dependent on a modern and future-oriented infrastructure."