SKF Factories to be Carbon Neutral by 2030
The 2030 target will cover SKF's own manufacturing operations, i.e. SKF's scope 1 and 2 emissions. It will be achieved by a combination of process improvements, energy efficient machinery, and procurement and generation of renewable energy. As a last resort, SKF may also purchase high quality carbon offsets.
SKF offers a number of solutions and products that contribute to the circular economy. SKF's AI-driven Rotating Equipment Performance offer is aimed at reducing waste by making assets run as long and as efficiently as possible. SKF offers remanufacturing of bearings, which reduces emissions in the production phase by up to 90% compared with a new bearing. SKF RecondOil's innovative oil regeneration system enables circular use of oil, reducing waste and improving environmental performance.
Aktiebolaget SKF (publ)
For further information, please contact:
Head of Investor Relations
tel: 46-31-337-2104; 46-705-472-104
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