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Borneo Bulletin Yearbook 2023
Its corporate headquarters is located
in the thyssenkrupp quarter in Essen.
The Executive Board of thyssenkrupp
AG sets the strategy for the group’s
development and steers thebusinesses,
corporate functions and service units.
Backed by extensive technological
know-how, the businesses develop
cost-effective and resource-friendly
solutions to the challenges of the
future. Around 3,600 employees work
in research and development at 75
locations all over the world, mainly in
the fields of climate protection, energy
transition, digital transformation in the
industry and mobility of the future.
The thyssenkrupp group currently has
a portfolio of approximately 17,370
patents and utility models.
Under theumbrellabrand thyssenkrupp,
the group creates long-term value with
innovative products, technologies and
services and helps make life better for
future generations.
To this end, the company pursues
ambitious climate protection targets
and optimises its own energy and
climate efficiency. At the same time,
it uses its diverse abilities along
the relevant value chains to play a
significant role in driving forward its
customers’ green transformation.
Corporate strategy
In a challenging macroeconomic
environment, thyssenkrupp is driving
forward the transformation of the
company resolved in May 2019 and
specified in more detail in May 2020.
The aim is to realign thyssenkrupp as a
sustainable and high-performing group
of companies with a lean management
model and clearly structured portfolio.
The framework for this comprises its
brand and its values.
The transformation of thyssenkrupp
follows a clear concept. The company
is gradually adjusting its portfolio in
line with the value and development
potential of the individual businesses
and has already made promising
progress. Furthermore, thyssenkrupp
has introduced measures to further
enhance the profitability of the
businesses as an efficient new basis for
renewed profitable growth of the entire
group.
While striving to make a contribution to
reducing carbon dioxide, thyssenkrupp
also aims to be a relevant partner and
enabler for the green transformation
of its customers. The company
sees enormous potential for further
growth in hydrogen, green chemicals,
renewable energy and e-mobility.
thyssenkrupp’s strength is that it
offers key competencies for decisive
aspects of the green transformation.
This applies to hydrogen and various
perspectives of the value chain. In its
solutions for green steel production,
thyssenkrupp will be using large
quantities of hydrogen in the future to
reduce climate-relevant emissions.
Its portfolio also includes further
promising products and solutions
that are vital for the success of the
green
transformation.
Examples
are components for automotive
engineering that are independent
of the type of powertrain, intelligent
optimised supply chains at materials
services and plants for the production
of carbon dioxide-reduced cement at
Polysius.
In
its
transformation
process,
thyssenkrupp is guided by its three
action areas: performance, portfolio
and people.
In this way, thyssenkrupp creates the
framework conditions for the individual
businesses to develop in the best
possible way and take sustainable as
well as leading market positions, both
economically and in terms of climate
protection.
Environment and
energy
Fromsupply chain to internal processes
and customers, thyssenkrupp attaches
great importance to the topics of
environmental protection, climate
change and energy efficiency. With its
solutions thyssenkrupp wants to help
meet rising demand for goods and
services in a resource-efficient way.
Environmental protection is therefore
a core element of thyssenkrupp’s
sustainability efforts and thus its
corporate strategy.
Its environmental, climate and energy
management is based on the group’s
environmental and energy policy and
a corresponding Group Regulation.
Clear
requirements
have
been
formulated in the areas of energy
efficiency, energy management and
environmental management.