Freudenberg participates in CIIE for the first time and publishes its Annual Sustainability Progress Report

On November 8, Freudenberg, a global technology group, held the "Freudenberg Group Innovation and Technology Summit" at the CIIE and released its Annual Sustainability Progress Report
.
The summit focused on the sustainable development of the transportation industry, aiming to bring together upstream and downstream enterprises in the industrial chain to discuss the target path of emission reduction and carbon reduction, and jointly build a green and efficient industrial chain ecological model
.

At the summit, the participants talked about their professional insights
on the low-carbon development of different industrial chains in the transportation industry from their respective industries.
Dr.
Lehmann Susanne, Executive Director of SAIC Volkswagen Logistics, and Dr.
Zhang Yilin, CEO of Schaeffler Group Greater China, discussed the practical exploration of low-carbon emission reduction by automakers and auto parts manufacturers respectively, while Guo Weishi, PwC Asia Pacific Sustainability Leader, shared six key challenges and measures
to address the automotive industry's journey to reduce emissions.

Dr.
Soy, CEO of Freudenberg Group.
Mohsen Sohi and Dr.
Tilman Krauch, CTO of Freudenberg Group, delivered the presentation
via video.
Dr.
Zhang Yilin, CEO of Schaeffler Group Greater China, Dr.
Lehmann Susanne, Executive Director of SAIC Volkswagen Logistics, Weishi Guo, PwC Asia Pacific Sustainability Leader, Zhiyan Wei, President of NOK-Freudenberg Group, and Dr.
Hu Jialiang, Business Development Director of Freudenberg Power Batteries and Fuel Cell Group, delivered keynote speeches and participated in roundtable dialogues
.

Xu Beidi, representative of Freudenberg Group in Asia, said: "The automotive industry chain is closely structured and ecologically complex, and companies need to work together to adapt to the trend of industry upgrading and keep the pulse of development
.
To this end, Freudenberg hopes to use this summit to promote dialogue, cooperation and experience exchange between the upstream and downstream of the industrial chain
.
Over the years, Freudenberg has been working intensively in the automotive industry and has continued to provide customers with high-quality core components and fuel cell systems for new energy vehicles driven by innovation under the tide of low carbonization, and has become a trusted partner
of many global leading companies.
Based on the open platform of the Expo, Freudenberg also hopes to open a communication window to promote the green development
of the automotive industry.
”

At the summit, Freudenberg Group unveiled its sustainability strategy and roadmap for the first time and released its Annual Sustainability Progress Report
.
The report proposes that the Group will strive to become a climate-neutral enterprise by 2045 and achieve carbon neutrality
through four steps: emission reduction, electrification, green energy and carbon offsetting.
In China, Freudenberg plants in Nantong, Shunde, Taicang and Chongqing are also using innovative technologies to improve resource efficiency and minimize carbon
emissions.

In addition to its own commitment to sustainability, one of the priorities of the Freudenberg Group's technological innovation strategy is new mobility and the energy transition
.
Today, Freudenberg is investing more and concentrating its resources on key components for new energy vehicles and fuel cell system solutions
for heavy-duty transportation.
Dr.
Soy, CEO of Freudenberg Group.
Mohsen Sohi said: "'Green hydrogen' is widely used in the marine, road and rail sectors, and we see it as a great prospect
in sustainable mobility.
That's why we're working with partners to develop hybrid hydrogen and battery drive systems for buses and other commercial vehicles for a more sustainable future
.
”

It is reported that at this year's Expo, Freudenberg Group and its business groups participated in the exhibition, bringing a number of new products in the field of new energy vehicles and rail transit, and comprehensively displaying innovative and sustainable solutions
in the transportation industry.