Decarbonising in progress.
SKF, a world-leading bearing manufacturer, is actively taking steps to decarbonise its operations and supply chain worldwide, from raw material sourcing to the production of finished products.
| Client |
Industry |
Our role |
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SKF |
Bearings |
Financial advisor |
To reach net-zero globally, companies are urged to actively reduce their emissions. In response to this, SKF - a world-leading bearing manufacturer- is taking decisive action.
SKF is using renewable energy to electrify both heating and heat treatment processes. They are also optimising material and energy efficiency in every manufacturing step.
But SKF's commitment doesn't stop there. By designing more products to be lighter, more efficient and repairable, SKF is helping customers to further reduce their CO2 equivalent emissions.
As a financial partner, SEB is supporting SKF to accelerate the sustainable transition.
SKF’s 2030 goal is to reduce their scope 1 and 2 (own operation) CO2 equivalent emissions by 95%, and scope 3 (full value chain) CO2 equivalent emissions by at least 31%. These reductions are milestones in achieving their overall 2050 sustainability goal. To learn more about their efforts, please read SKF’s Sustainability report
Established in 1907 in Gothenburg, Sweden, SKF stands as a global leader in bearing manufacturing, catering to diverse industries such as automotive, aerospace, and renewable energy. Drawing from their profound expertise in the development, design, and production of bearings, seals, and lubrication systems, SKF ensures dependable rotation and upholds responsible and ethical standards throughout its operations.
By offering advisory services, innovative and sustainable financing and investment products, we're helping our clients to reach their sustainability targets.
SEB's sustainability experts have extensive knowledge in areas such as climate and financing solutions, sustainable investments and regulatory development in the European Union.