AB SKF 2007 AR2
The report highlights SKF's performance in its centenary year of 2007, achieving record financial results with net sales of SEK 58,559 million. Under its sustainability framework, SKF Care, the company reduced absolute Scope 1 and Scope 2 CO2 emissions by 2.2% despite a 12% increase in production volume. SKF launched a new family of energy-efficient bearings that reduce energy consumption by at least 30%. Additionally, the company expanded its global presence through key acquisitions like ABBA Linear Tech and S2M, and continued its commitment to safety, reducing its workplace accident rate to 1.53.
Company: AB SKF
Sector: Industrials
Country: Sweden
Year: 2007
Type: AR2
Pages: 136
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AB SKF
Annual Report
The report highlights SKF's performance in its centenary year of 2007, achieving record financial results with net sales of SEK 58,559 million. Under its sustainability framework, SKF Care, the company reduced absolute Scope 1 and Scope 2 CO2 emissions by 2.2% despite a 12% increase in production volume. SKF launched a new family of energy-efficient bearings that reduce energy consumption by at least 30%. Additionally, the company expanded its global presence through key acquisitions like ABBA Linear Tech and S2M, and continued its commitment to safety, reducing its workplace accident rate to 1.53.
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Document Details
Report Year
2007
Reporting Period
Jan 2007 - Dec 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Employees