Energy and CO2
Our climate strategyCarbon dioxide (CO2) is the most significant greenhouse gas produced as a result of our business activities. In addition, considering the main processes directly or indirectly applied, emissions of other greenhouse gases are typically generated in proportion to those of CO2. For those reasons our focus is on our CO2 footprint.
We monitor and report our CO2 emissions according to the Greenhouse Gas (GHG) Protocol. This characterizes an organization's greenhouse gas inventory into three scopes:
- scope 1 (direct emissions from onsite combustion processes)
- scope 2 (indirect emissions associated with the supply of energy - mainly electricity - to SKF facilities)
- scope 3 (all other indirect emissions such as those related to logistics or supply chain)
How do we address global warming?
Direct carbon emissions from SKF operations (Scope 1 & 2)
...such as manufacturing, warehouse operations and company cars and indirect emissions from power generation related to electricity and heat used by SKF.
- Reduce the total annual energy use of the SKF Group by 5 % below the 2006 level by 2016.
- Reduce the energy use per production output (value added) by 5% year-over-year during the period (2012-2016).
- We continue to build all new manufacturing sites and logistics centres according to the LEED standard for buildings (read more here).
- We will continue to work on energy management within our existing sites.
- Explore the possibilities to increase the use of renewable energy for the SKF Group together with WWF.
Did you know that...?
as part of our overall responsible sourcing approach, all major suppliers to SKF are required to achieve (or have a credible plan to achieve) ISO 140001 certification? Since 2007, energy intensive suppliers have also been required to report on energy use carbon emissions and their management of this issue.
SKF adopts world leading sustainable design and construction standard for new buildings