Ab Skf

AB SKF, headquartered in Sweden within the machinery and equipment sector, reported approximately 4.93 billion kg CO2e in total Scope 1, 2, and 3 emissions for 2025. This includes about 51.2 million kg CO2e from Scope 1, around 39.1 million kg CO2e from market-based Scope 2, and approximately 4.84 billion kg CO2e from Scope 3 emissions. In 2024, their total emissions were approximately 5 billion kg CO2e.

AB SKF has set several climate commitments. They aim to achieve net-zero greenhouse gas emissions across their value chain by 2050, from a 2019 base year, with their targets verified by the Science Based Targets initiative (SBTi). Their near-term goals include a 95% absolute reduction in Scope 1 and 2 GHG emissions by 2030, also from a 2019 base year. Additionally, they commit to reducing absolute Scope 3 emissions from purchased goods and services, upstream transportation and distribution, and use of sold products by 31% within the same timeframe. Long-term, AB SKF plans to maintain at least a 95% absolute reduction of Scope 1 and 2 GHG emissions from 2030 through 2050, relative to a 2019 base year, and to reduce absolute Scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, and use of sold products by 90% by 2050 from a 2019 base year. These commitments are publicly disclosed by AB SKF (publ).