What matters?

Sustainability? Triple bottom line? CSR?

What does this mean? For SKF it starts and ends with SKF Care – including the dimensions of Business, Environment, Employees and Communities. Long-term success is about balancing these aspects properly. For SKF, all aspects need to be considered in the decision making process.

In order to maintain performance, we cannot do everything, we need to focus on the most important aspects and deal with them in a systematic approach. The most important issues for SKF are:

  • Customer satisfaction
  • Business conduct
  • Financial performance
  • Health and safety
  • Innovation
  • Positive and engaging workplace
  • Responsible sourcing
  • Energy and climate
  • Systematic environmental protection
  • Local community relations
  • Equality, human and labour rights

For an brief description of these aspects and what makes them important over SKF's value chain, please refer to our Annual Report, page 13.

These have been established from the overall risks and opportunities managed by SKF, in combination with formal and informal stakeholder dialogue. Most of the issues include one or more aspects as defined by the GRI G4 sustainability reporting guidelines, please refer to our GRI G4 table for the details.

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