Achievements so far

As with other aspects of our environmental impact, when acting to reduce environmental impact, SKF follows the principle of "starting in our own back yard”. 

Numerous life cycle studies show however, that we have significant opportunities to improve our environmental work, both up and down our value chain. 

We have set Group targets to reduce energy and CO2 in four main areas:

  • Suppliers
  • SKF’s own operations
  • Goods transportation
  • Customer solutions

Please read more on SKF's climate work in the BeyondZero whitepaper

Progress 2014

Target 2016    
Status 2014

Raw material and components
(Scope 3)

All SKF’s energy-intensive major suppliers certified according to ISO
50001 Energy management Standard by 2016.
6 certified,
25 started implementation

Manufacturing and other relevant aspects
(Scope 1 and 2)
i) Reduce the total annual energy use of the SKF Group by 5% below 2006’s level by 2016.
ii) Reduce the energy use per production output by 5% year-on-year.
i) 1,638 GWh. Absolute energy use 16% below 2006 level.
ii) Relative energy use reduced 10% from 2013 to 2014
Transport and distribution
Goods transportation
(Scope 3)
Reduce CO2 emissions per tonne-kilometre for all transport managed by SKF Logistics Services by 30% below 2011’s level, by the end of 2016.15% reduction since 2011.
Customer solutions
Development of the SKF BeyondZero portfolio
(Scope 4)
Increase the revenue from the SKF BeyondZero portfolio from SEK 2.5 billion in 2011 to SEK 10 billion by 2016.

Revenues 2014: 

SEK 5,493 million.

Achievements 2002 - 2011

Carbon emission performance 2002-2011

The direct ownership and management of SKF's facilities gives the company absolute responsibility and the direct power to minimize the carbon emissions associated with direct energy use. Therefore, in 2002 the Group set up energy and carbon reporting systems for its own facilities and defined clear targets to reduce these emissions by 2007.

Having already achieved these first targets in 2005, 2006 saw the launch of a broader, more aggressive strategy and targets, requiring an absolute reduction in carbon emissions resulting from direct energy use in SKF's facilities of 5% per year - irrespective of volume development.

This new target has been delivered year after year by a strategy focused on reducing energy intensity in the factories and the carbon intensity of the energy used.

The results of these concerted efforts at all SKF facilities in terms of energy efficiency can be seen in the graph below.

The Group's absolute annual energy requirements have been reduced by over 10% during a period between 2002 and 2011 when SKF’s business (net sales) grew by around 54%.

Climate change

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