Used as a highly efficient catalyst in hydrogenation reactions, particularly for the reduction of polar bonds such as carbonyl groups in ketones and aldehydes. It shows excellent activity and selectivity under mild conditions, making it valuable in fine chemical and pharmaceutical synthesis. The ligand environment enhances stability and catalytic performance, allowing for low catalyst loadings and compatibility with functional groups sensitive to harsh conditions. Also applied in transfer hydrogenation and asymmetric synthesis when modified with chiral ligands, enabling the production of enantiomerically enriched alcohols.