MAHLE achieves good climate rating

• In the 2022 CDP Rating, MAHLE achieves grade “B” for its activities in the area of climate protection
• CDP rating confirms the effectiveness of the globally operating technology group’s sustainability strategy
• Compared to other companies in the sector, MAHLE is above average

The non-profit sustainability organization Carbon Disclosure Project (CDP) has honored the MAHLE Group for its activities in environmental and climate protection: In the recently published 2022 CDP rating, MAHLE received a grade of B in the area of climate protection (“Climate Change”). In the area of water supply (“Water Security”), the grade improved to “B-” in comparison with the previous year. Compared to other companies in the sector, MAHLE is above average. According to CDP’s detailed and independent methodology, companies that receive a “B” grade have addressed the environmental impacts of their operations and taken appropriate measures to reduce them in line with the 1.5-degree climate target.

“The CDP rating confirms the effectiveness of our company’s climate protection strategy. This is an important signal for our customers and suppliers, but also for banks and investors who are paying more attention to sustainability aspects and green financing,” said Georg Dietz, member of the MAHLE Group Management Board and responsible for sustainability, environmental management, and occupational safety.

“The CDP rating is a recognition of our work and our efforts to use resource-efficient technologies, sustainable products and modern production processes to make an ever-smaller impact on the environment,” explained Kathrin Apel, Global Head of Sustainability, Occupational Safety and Environmental Management.

For example, the climate protection rating honored the external testing of Scope 1 and 2 emissions as well as energy consumption as part of sustainability reporting. Furthermore, the emissions in the entire value chain were comprehensively surveyed for the first time in 2022. In the case of water supply, MAHLE’s efforts to analyze the global risks posed by water scarcity were among the factors that stood out in the rating.

Sustainable conduct is part of the self-perception of MAHLE. The technology group is fully committed to the goals of the Paris climate agreement and has set clear goals for itself: By 2040, MAHLE will be carbon-neutral in its production. The technology group has already reached an important milestone on the road to carbon-neutrality: Since the end of 2021, the German locations have been carbon-neutral (Scope 1 and 2). MAHLE has also set ambitious goals for the reduction of emissions in the upstream chain and product use (Scope 3). Emissions in the supply chain and from product use are each to be reduced by 28 percent by 2030.

The independent organization Carbon Disclosure Project (CDP), with headquarters in London, aims to create global transparency on greenhouse gas emissions and the use of water resources. In 2022, more than 18,700 companies from over 90 countries submitted their data. This makes the CDP data platform one of the world’s most comprehensive sources of environmentally relevant information. The CDP rating is considered the gold standard for corporate environmental reporting.

Further information on MAHLE’s commitment to sustainability can be found in the current Sustainability Report on MAHLE website at Environment - MAHLE Group.