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Code of Conduct

In over 130 countries and across our entire organization, SKF strives to do business as economically, socially and responsibly as possible. How we approach and coordinate this is covered in great detail in our Code of Conduct.

The SKF Code of Conduct highlights how we apply our core values – High ethics, Empowerment, Openness and Teamwork – across four areas of responsibility;

•    To our customers, distributors and suppliers
•    To our employees
•    To society
•    To our shareholders

Our responsibility towards customers, distributors and suppliers encompasses issues such as business ethics, free and fair trade and ethical behaviour in respect of competition. It also provides clear guidelines on how we should apply transparency and openness.

With regard to our employees, the Code of Conduct covers key issues in respect of health and safety standards as well as how diversity, equality and labour laws should express themselves across our organization.

The environment, sustainable development, community relations and other defining social consequences of our operations are clearly charted in the Code of Conduct’s section on our responsibility to society.

Finally, the Code of Conduct focuses on our shareholders and how we must ensure they are well informed and how we comply with the differing legal requirements of global stock exchanges. This section also provides clear information on SKF policy regarding maintaining an unbiased political position.

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