AB SKF 2023 SR
The report highlights SKF's progress toward its net-zero targets, with its near- and long-term emissions reduction goals validated by the Science Based Targets initiative (SBTi) in 2023. The company achieved a 4.7% improvement in energy efficiency and increased its share of renewable electricity to 64%. SKF also expanded its Scope 3 reporting to include more direct material categories and launched a 3 billion SEK decarbonization investment frame for 2023-2028. Socially, the company introduced a new purpose and values while maintaining a strong focus on occupational health and safety, despite a tragic missile attack on its factory in Ukraine.
Company: AB SKF
Sector: Industrials
Country: Sweden
Year: 2023
Type: SR
Pages: 46
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AB SKF
Sustainability Report
The report highlights SKF's progress toward its net-zero targets, with its near- and long-term emissions reduction goals validated by the Science Based Targets initiative (SBTi) in 2023. The company achieved a 4.7% improvement in energy efficiency and increased its share of renewable electricity to 64%. SKF also expanded its Scope 3 reporting to include more direct material categories and launched a 3 billion SEK decarbonization investment frame for 2023-2028. Socially, the company introduced a new purpose and values while maintaining a strong focus on occupational health and safety, despite a tragic missile attack on its factory in Ukraine.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 4, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees