For FUCHS, sustainability has always been an essential part of what we do. FUCHS products allow our customers to operate in more sustainable ways, for example by helping them reduce their carbon footprint or minimise the wear and tear on their machines. As a result, sustainability is not just part of our daily activities, but also a fundamental component of our FUCHS2025 strategy. For FUCHS, however, sustainability goes beyond purely ecological considerations - it also include social and economic aspects.
Economic: Our goal is to increase company and shareholder value both reliably and continuously.
Ecological: We strive to protect the precious resources of soil, water and air.
Social: We take over responsibility toward our employees and society.
In line with this, FUCHS communicated specific targets for two aspects of sustainability in 2022. Firstly, we are aiming for EBIT of €500 million in 2025 and, secondly, we are the first lubricant company worldwide to announce a Net Zero ambition for 2040. In concrete terms, this means that FUCHS will reduce its CO2 emissions by at least 42% (Scope 1 and 2) and by at least 25% (Scope 3) by 2030 and by at least 90% by 2040, compared to the base year 2021. To achieve these highly ambitious targets, interdisciplinary teams are working intensively to define initial measures.