Ab Skf
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Ab Skf's score of 72 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ab Skf's reported carbon emissions
In 2024, AB SKF reported total carbon emissions of approximately 3,528,869,000 kg CO2e globally, with Scope 1 emissions at about 58,135,000 kg CO2e and significant Scope 3 emissions, including 1,012,016,000 kg CO2e from the use of sold products and 1,675,800,000 kg CO2e from purchased goods and services. The company 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. Additionally, AB SKF targets a 40% reduction in embodied CO2e from purchased goods and services by 2030. For Scope 3 emissions, the company aims for a 90% reduction by 2050, also from a 2019 baseline. AB SKF is committed to achieving net-zero emissions across its value chain by 2050, aligning with industry standards for climate action. The company’s initiatives reflect a strong commitment to sustainability and reducing its carbon footprint in the electrical equipment and machinery sector.
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Access structured emissions data, company-specific emission factors, and source documents
| 2007 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,700,000 | 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 | 40,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - |
| Scope 3 | 20,000,000 | 0,000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
