AB SKF 2016 SR
The report for 2016 highlights SKF's integrated approach to financial, environmental, and social performance, following the GRI G4 'Core' option. Key achievements include a 14% reduction in absolute energy use since 2006 and reaching 9% of total revenues from BeyondZero customer solutions. The company successfully met its logistics target of a 30% improvement in CO2 efficiency per tonne-kilometre. However, it faced challenges with grinding swarf recycling rates due to new regulations. SKF also focused on human rights by conducting impact assessments in India and maintained a strong commitment to the UN Global Compact and other international standards.
Company: AB SKF
Sector: Industrials
Country: Sweden
Year: 2016
Type: SR
Pages: 26
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AB SKF
Sustainability Statements
The report for 2016 highlights SKF's integrated approach to financial, environmental, and social performance, following the GRI G4 'Core' option. Key achievements include a 14% reduction in absolute energy use since 2006 and reaching 9% of total revenues from BeyondZero customer solutions. The company successfully met its logistics target of a 30% improvement in CO2 efficiency per tonne-kilometre. However, it faced challenges with grinding swarf recycling rates due to new regulations. SKF also focused on human rights by conducting impact assessments in India and maintained a strong commitment to the UN Global Compact and other international standards.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 7, 2017
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees