AB SKF 2010 AR2
The report highlights SKF's financial and sustainability performance for the year 2010, showcasing a strong recovery with record operating profit and the launch of the Business Excellence initiative. Key achievements include the acquisition of Lincoln Industrial to expand its lubrication systems platform and the opening of three new factories built to LEED standards, including the first LEED Gold certified facility in Russia. On the environmental front, the company advanced its BeyondZero strategy, introducing energy-efficient solutions like the SKF E2 bearings and initiating a five-year reforestation project in China. Additionally, SKF maintained its focus on employee safety, reducing its accident rate to 1.18 and continuing its global community care programs.
Company: AB SKF
Sector: Industrials
Country: Sweden
Year: 2010
Type: AR2
Pages: 164
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AB SKF
Annual Report
The report highlights SKF's financial and sustainability performance for the year 2010, showcasing a strong recovery with record operating profit and the launch of the Business Excellence initiative. Key achievements include the acquisition of Lincoln Industrial to expand its lubrication systems platform and the opening of three new factories built to LEED standards, including the first LEED Gold certified facility in Russia. On the environmental front, the company advanced its BeyondZero strategy, introducing energy-efficient solutions like the SKF E2 bearings and initiating a five-year reforestation project in China. Additionally, SKF maintained its focus on employee safety, reducing its accident rate to 1.18 and continuing its global community care programs.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
Published
Mar 1, 2011
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
Water Consumption
Women on Board
Women in Management
Employees