SKF USA Inc. Sustainability Profile
SKF USA Inc., a subsidiary of the renowned SKF Group, is headquartered in the United States and operates extensively across North America. Founded in 1907, SKF has established itself as a leader in the bearing and seal industry, providing innovative solutions that enhance machinery performance and reliability. The company specialises in a wide range of products, including bearings, seals, lubrication systems, and condition monitoring equipment. SKF's commitment to quality and sustainability sets it apart, as it continually invests in research and development to deliver cutting-edge technologies. With a strong market position, SKF USA Inc. has achieved numerous accolades for its engineering excellence and customer service, making it a trusted partner for industries such as automotive, aerospace, and manufacturing.
DitchCarbon Score
How does SKF USA Inc.'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 Business Services 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 USA Inc.'s score of 80 is higher than 89% 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 USA Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. However, the company is part of a broader corporate family under AB SKF (publ), which has established various climate commitments and reduction initiatives. As a current subsidiary of AB SKF (publ), SKF USA Inc. inherits emissions data and sustainability targets from its parent organisation. AB SKF has set ambitious science-based targets (SBTi) aimed at reducing greenhouse gas emissions across its operations. These targets encompass Scope 1, 2, and 3 emissions, reflecting a comprehensive approach to climate action. While specific reduction targets for SKF USA Inc. are not detailed, the initiatives cascaded from AB SKF include commitments to the Carbon Disclosure Project (CDP), RE100, and the Race to Zero campaign. These initiatives underscore a commitment to achieving net-zero emissions and transitioning to renewable energy sources. In summary, while SKF USA Inc. does not provide specific emissions data, it aligns with the climate commitments and reduction strategies of its parent company, AB SKF (publ), demonstrating a proactive stance towards sustainability and climate responsibility.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 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 | 000,000,000 |
| Scope 3 | 155,611,000 | 00,000,000 | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is SKF USA Inc.'s Industry?
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SKF USA Inc.'s Scope 3 Categories Breakdown
SKF USA Inc.'s Scope 3 emissions, which increased by 2% last year and increased by approximately 8% since 2015, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 49% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 842% of Scope 3 emissions.
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SKF USA Inc.'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 USA Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
