In SKF we are firmly committed to take our responsibility to actively contribute to a better, cleaner future. We set challenging objectives, but they are realistic and absolutely crucial to our business performance. They simultaneously reduce the negative impact deriving from our operations and increase the positive impact delivered by SKF solutions at our customers.
73%Systematically reduce emissions in the supply chain.Raw material and componentsWe support our partners in the supply chain to systematically reduce their CO2 emissions. This is done through certified energy management systems. At year end 2017, 73% of the major energy intensive suppliers were certified according to ISO 50001.
-40%CO2 emissions from manufacturing per tonne of sold products.Manufacturing– 40% CO2 emissions from SKF's manufacturing per tonne of sold products.
-40%CO2 emissions from goods transportation per tonne of shipped products.Goods transportation– 40% CO2 emissions from goods transportation per tonne of shipped products to end customers.
Empowerand support our customers to reduce their CO2 emissions.Customer solutionsSupport our customers to reduce their CO2 emissions. SKF's customer solutions realize significant environmental benefits during use phase.
Paris and the <2 degree target
Virtually all counties represented in the UN general assembly have signed the Paris agreement targeting a maximum average global temperature rise of 2 centigrade.
Climate change has been raised by the World Economic Forum as one of the most significant risks to security and economic prosperity. Climate change impacts a range of other challenges and is highlighted in the UN Sustainable Development Goals.
Similar to the previous targets, SKF’s climate objectives 2017–2025 are based on life-cycle thinking and include raw material, manufacturing, goods transportation and customer solutions. The targets are aligned with the reduction levels suggested by contemporary climate science.