SKF India Limited Sustainability Profile
SKF India Limited, a subsidiary of the global SKF Group, is headquartered in Pune, India. Established in 1961, the company has become a prominent player in the bearings and seals industry, serving diverse sectors such as automotive, aerospace, and industrial machinery. With a strong presence across major operational regions in India, SKF India focuses on delivering innovative solutions that enhance performance and reliability. The company offers a wide range of products, including rolling bearings, plain bearings, and seals, distinguished by their advanced engineering and quality. SKF India has achieved significant milestones, including the introduction of state-of-the-art manufacturing facilities and a commitment to sustainability. Recognised for its market leadership, SKF India continues to set benchmarks in reliability and efficiency, solidifying its position as a trusted partner in the engineering sector.
DitchCarbon Score
How does SKF India Limited'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
SKF India Limited's score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SKF India Limited's reported carbon emissions
In 2023, SKF India Limited reported total carbon emissions of approximately 18,830,000 kg CO2e from Scope 1 and 48,228,000 kg CO2e from Scope 2. This represents a decrease in Scope 1 emissions from 2,612,000 kg CO2e in 2022, while Scope 2 emissions saw a slight increase from 47,437,000 kg CO2e in the previous year. The company has not disclosed any Scope 3 emissions data. SKF India Limited is part of a corporate family that cascades emissions data from its parent company, AB SKF (publ). This relationship influences their climate commitments and reporting practices. However, there are currently no specific reduction targets or initiatives outlined in their climate strategy. The company is committed to sustainability and actively participates in various climate initiatives, including those led by AB SKF (publ), which may include Science Based Targets Initiative (SBTi) and other climate-related pledges. Despite the lack of specific reduction targets at the subsidiary level, SKF India Limited's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 2,612,000 | 0,000,000 |
| Scope 2 | 47,437,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is SKF India Limited's Industry?
How Carbon Intensive is SKF India Limited's Location?
SKF India Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SKF India Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
