Ab SKF, commonly known as SKF, is a leading global supplier of bearings, seals, and lubrication systems, headquartered in Gothenburg, Sweden. Founded in 1907, SKF has established itself as a pioneer in the engineering industry, with a strong presence in Europe, North America, and Asia. The company is renowned for its innovative solutions in rotating equipment performance, offering a diverse range of products that enhance reliability and efficiency. With a commitment to sustainability and advanced technology, SKF has achieved significant milestones, including the development of smart bearings and predictive maintenance solutions. As a market leader, SKF is recognised for its extensive expertise and high-quality offerings, making it a trusted partner across various sectors, including automotive, aerospace, and industrial machinery.
How does Ab Skf's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ab Skf's score of 78 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, AB SKF reported total greenhouse gas emissions of approximately 3,528,869,000 kg CO2e globally, with Scope 1 emissions at about 58,135,000 kg CO2e and Scope 2 emissions at approximately 518,500,000 kg CO2e. In India, the company recorded Scope 1 emissions of about 2,176,000 kg CO2e and Scope 2 emissions of approximately 26,805,000 kg CO2e. AB SKF has set ambitious climate commitments, aiming for a 95% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the base year. This target aligns with their goal to achieve net-zero greenhouse gas emissions across the value chain by 2050. Additionally, the company plans to reduce absolute Scope 3 emissions by 31% by 2030, with a long-term target of a 90% reduction by 2050. These commitments reflect AB SKF's dedication to sustainability and its proactive approach to addressing climate change, positioning the company as a leader in the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2012 | 2013 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 66,118,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | - | 0,000,000,000 | 000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ab Skf is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.