At the end of 2016, the SKF Group concluded a four-year program to address climate change, resulting in a 14 percent absolute reduction in energy usage in its own operations and a 31 percent reduction in goods transport emissions. In addition, sales of SKF’s BeyondZero customer solutions – products and solutions that bring significant environmental benefits to customers – reached $788 million, a 15 percent increase compared with the previous year.
SKF’s new climate targets will stretch until 2025, with 2015 as a base year. The Group’s ambition during this period is to reduce CO2 emissions, both per ton of bearings sold and per ton of products shipped, by 40 percent. In addition, the Group will continue to report on its expanding BeyondZero customer solutions business and progress on energy efficiency within its supply chain.
BeyondZero is a registered trademark of the SKF Group.