Ab Skf

AB SKF, headquartered in Sweden and operating in the machinery and equipment sector, reported its most recent emissions data for 2025. In that year, the company's total emissions were approximately 4.93 billion kg CO2e. This figure includes Scope 1 emissions of about 51.2 million kg CO2e, Scope 2 market-based emissions of approximately 39.1 million kg CO2e, and a substantial Scope 3 footprint of roughly 4.84 billion kg CO2e. Key contributors to Scope 3 emissions were purchased goods and services (approximately 2.74 billion kg CO2e), and use of sold products (about 1.80 billion kg CO2e).

Looking back, AB SKF's total emissions were approximately 5.15 billion kg CO2e in 2019.

AB SKF is committed to significant climate action. The company has set a near-term Science Based Target initiative (SBTi) target to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 95% by 2030, using a 2019 base year. Furthermore, AB SKF aims for a 31% reduction in absolute Scope 3 emissions from purchased goods and services, upstream transportation and distribution, and use of sold products within the same timeframe.

For the long term, AB SKF has an overall net-zero target, committing to reach net-zero greenhouse gas emissions across the entire value chain by 2050 from a 2019 base year. This includes maintaining at least a 95% absolute reduction of Scope 1 and 2 GHG emissions from 2030 through 2050, and a 90% absolute reduction of Scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, and use of sold products by 2050 from a 2019 base year. AB SKF also aims for a 40% intensity reduction in CO2e emissions from manufacturing per tonne of bearings sold by 2025, from a 2015 base year. Additionally, the company targets a 32% reduction in emissions from purchased direct materials by 2030 versus 2019, and a 35% reduction in emissions from inbound and outbound logistics by 2030 compared to 2019.