SKF Group

Sustainability Report and Carbon Intensity Rankings

Is SKF Group doing their part?

Their DitchCarbon score is 64

SKF Group has a DitchCarbon Score of 64, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to manage and reduce its carbon intensity. A higher score would signify even greater success in minimizing their environmental impact through lower carbon emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

SKF Group is part of the industrial manufacturing sector, which has a low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The SKF Group, located in Sweden, benefits from the country’s very low carbon intensity rating. This favorable environmental condition enhances the company’s sustainability efforts by reducing its carbon footprint.
22.71%

...this company is doing 22.71% better in emissions than the industry average.

SKF Group, founded in 1907 in Gothenburg, is a leader in the industrial manufacturing sector, known for its pioneering self-aligning bearing. The company’s offerings have expanded to include a wide range of solutions for rotating machinery parts, found in everything from cars to household appliances. Embracing digitalization, SKF now also provides sensorized bearings and condition monitoring services, catering to the modern industrial landscape.

emission intelligence's platform recommendations for SKF Group

SKF Group should set clear, science-informed targets for reducing their Scope 3 emissions, while also promoting sustainable practices throughout their supply chain, which could potentially lower their emissions by 35%.

Good news, SKF Group has set SBTi climate action goals

SKF Group has committed to Science Based Targets initiative (SBTi) by setting targets to significantly reduce their greenhouse gas emissions from company operations, which include both direct emissions and indirect emissions from purchased energy. These targets align with the ambitious goal of limiting global warming to 1.5°C, demonstrating the company’s dedication to sustainable and responsible business practices.
Participating

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1. Reputation and Brand Image

2. Corporate Social Responsibility

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4. Stakeholder Engagement

5. Risk Management

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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