AB SKF 2020 AR2
The report outlines SKF's financial and sustainability performance for the fiscal year 2020, highlighting its commitment to achieving a fully carbon-neutral manufacturing footprint by 2030. Despite the challenges of the COVID-19 pandemic, the company reduced its absolute Scope 1 and 2 greenhouse gas emissions by 35% compared to 2015. SKF also joined the RE100 initiative, committing to 100% renewable electricity by 2030. Additionally, the company expanded its circular economy offerings, including bearing remanufacturing and the industrialization of RecondOil's double separation technology.
Company: AB SKF
Sector: Industrials
Country: Sweden
Year: 2020
Type: AR2
Pages: 162
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AB SKF
Annual Report
The report outlines SKF's financial and sustainability performance for the fiscal year 2020, highlighting its commitment to achieving a fully carbon-neutral manufacturing footprint by 2030. Despite the challenges of the COVID-19 pandemic, the company reduced its absolute Scope 1 and 2 greenhouse gas emissions by 35% compared to 2015. SKF also joined the RE100 initiative, committing to 100% renewable electricity by 2030. Additionally, the company expanded its circular economy offerings, including bearing remanufacturing and the industrialization of RecondOil's double separation technology.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees