Climate Savers is a climate leadership program run by the World Wildlife Fund for Nature (WWF) with the objective of recognizing corporate leadership in climate solutions, developing low, zero or carbon-positive business models and demonstrating that lower greenhouse gas emissions can work in tandem with economic growth. SKF was part of the program during the period 2012–2016.
Before officially joining the Climate Savers program, potential participants engage in an intensive process of collaboration with experts to define, quantify and articulate relevant targets.
“One of the major aspects for companies in the program is to make a public pledge to certain well-defined goals,” says Stefan Henningsson, senior adviser for WWF on climate, energy and innovation. “It is important to get into the details if you want to achieve realistic targets that also make a difference.”
When SKF joined Climate Savers in 2012, one of the purposes was to invite a credible third party to verify SKF’s credible and clear targets for greenhouse gas emissions.
“They were an important speaking partner in setting concrete and achievable targets,” says Jonas André at SKF Corporate Sustainability. “The outcome after five years was that we had indeed reduced our CO2 footprint. What we have learned also gives us a head start to reach the new targets set for 2025, which we will start to report progress on in March 2018.”
Once the four target areas had been defined, SKF set about changing both the way it operated in manufacturing, transportation and energy usage and how suppliers could contribute to lower greenhouse emissions.
“It involves essentially the whole value chain and includes a great number of actions and projects,” André says. “Having those clear and public targets is very helpful as the ambition becomes more visible and credible.”