Aktiebolaget SKF 2024 Sustainability Report
Company: Aktiebolaget SKF
Sector: Manufacturing
Country: Sweden
Year: 2024
Type: Sustainability Report
Pages: 69
The report sets out SKF's SBTi-approved climate transition targets, including a 95% reduction in Scope 1 and 2 emissions by 2030 from a 2019 base year and net-zero greenhouse gas emissions across the value chain by 2050. In 2024, renewable sources represented 60% of total energy consumption, while total energy consumption was 1,494 GWh. The report also provides a consolidated year-end employee headcount of 38,743 and extensive disclosures on workforce health, safety, diversity and inclusion. SKF's sustainability reporting is aligned with GRI, includes TCFD and EU Taxonomy disclosures, and received limited assurance from Deloitte AB.
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