The Science Based Targets initiative (SBTi) has validated the Schaeffler Group’s targets for reducing greenhouse gas emissions as being in conformity with SBTi criteria and recommendations and hence in line with what the latest climate science considers necessary in order to meet the goals of the Paris Agreement. The global automotive and industrial supplier is committed to cutting its absolute Scope 1 and Scope 2 greenhouse gas emissions by 90 percent by 2030, with 2019 as its base year. The company has also set itself the target of reducing its absolute Scope 3 greenhouse gas emissions from purchased goods and services, fuel- and energy-related activities, and upstream transportation and distribution by 25 percent over the same period. 

As of January 2023, Arkos Field Services, acquired by Burckhardt Compression in 2019, is integrated with Burckhardt Compression (US) Inc. Customers benefit from combined knowledge, expertise and unrivalled solutions for reciprocating compressors and other equipment from one provider. The integration of the two brands streamlines business processes to provide easy access and a solutions-driven customer experience. 

The H2Eco Award is presented to national and international companies that contribute an outstanding commitment to a green hydrogen economy by technical innovation, economics and entrepreneurship according to the principles of economic efficiency, sustainability and security of supply. The contribution to protecting the climate stands in the foreground. The principle of H2Eco is an ecological and sustainable hydrogen future.