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SKF AB

Common Name
SKF
Country
Sweden
Sector
Industrials
Industry
Tools & Accessories
Employees
36,927
Ticker
SKF B
Exchange
NASDAQ STOCKHOLM AB
Description
AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The...

SKF's GHG Emissions Data Preview

In 2025, SKF completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

SKF has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202520242023
2022 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of SKF’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind SKF’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SKF’s data sources below and access millions more through our Disclosure Search.

a. SKF's Annual Report 2025
b. SKF's Annual Report 2024
c. SKF's Annual Report 2023

Insights into SKF's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of SKF amounted to 389,761 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of SKF decreased by 12.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

SKF's Scope 1 Emissions Over Time

2019202020212022202320242025020 k40 k60 k80 ktCO2e-23%+12%-6%+6%-7%-2%
  • Total Scope 1
  • Year-over-Year Change

What are SKF's Scope 1 emissions?

In 2025, the total Scope 1 emissions of SKF were 51,199 metric tons of CO₂ equivalent (tCO₂e).a

Has SKF reduced its Scope 1 emissions over time?

Since 2019, SKF's Scope 1 emissions have decreased by 20.77%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), SKF's Scope 1 emissions decreased by 1.83%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are SKF's Scope 2 emissions?

In 2025, SKF reported Scope 2 greenhouse gas (GHG) emissions of 39,055 tCO₂e using the market-based method and 338,562 tCO₂e using the location-based method.a

Has SKF reduced its Scope 2 emissions over time?

Since 2019, SKF's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 34.7%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), SKF's Scope 2 emissions (Location-Based) fell by 13.69% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does SKF use for Scope 2 reporting?

In 2025, SKF reported its Scope 2 emissions using the market-based method and using the location-based method.a

SKF's Scope 2 Emissions Over Time

20192020202120222023202420250150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into SKF's Value Chain Emissions

In 2025, SKF reported 4,843,580 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of SKF includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

SKF's Scope 3 Emissions Over Time

201920202021202220232024202501.5 M3 M4.5 M6 MtCO2e-100%+6351%+796%-14%+68%+61%
  • Total Scope 3
  • Year-over-Year Change

What are SKF's Scope 3 emissions?

In 2025, SKF reported total Scope 3 emissions of 4,843,580 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 62.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 37.87% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has SKF reduced its Scope 3 emissions over time?

Since 2019, SKF's Scope 3 emissionshave remained relatively stable, indicating that SKF's emissions have plateaued with no significant change in its value chain footprint.a

Compared to the previous year (2024), SKF's Scope 3 emissions increased by 61.11%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does SKF disclose?

In 2025, SKF reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of SKF's Scope 3 emissions?

In 2025, the largest contributors to SKF's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,743,246 tCO₂e (56.64%)
  • Use of Sold Products (Cat. 11): 1,803,859 tCO₂e (37.24%)
  • Upstream Transportation and Distribution (Cat. 4): 111,465 tCO₂e (2.3%)

SKF's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(2.3%)Purchased Goods andServices (Cat. 1)(56.6%)Use of Sold Products(Cat. 11)(37.2%)

Insights into SKF’s GHG Emissions Intensity Compared to Industry Peers

In 2025, SKF reported Scope 1 greenhouse gas (GHG) emissions of 51,199 tCO₂e and total revenues of USD 9,957 millions. This translates into an emissions intensity of 5.14 tCO₂e per millions USD.a

SKF's Scope 1 Emissions Intensity Compared to Peers

1001,0005,00050,000500,000Scope 1 Emissions (tCO2e)1005002,00020,000200,000Revenues (Millions of USD)NCC ABYear: 2025Scope 1: 114,225 tCO2eRevenue: $M 6,058Scope 1 Intensity: 18.86 tCO2e/$ML E LundbergforetagenYear: 2025Scope 1: 87,000 tCO2eRevenue: $M 3,335Scope 1 Intensity: 26.09 tCO2e/$MTrelleborgYear: 2025Scope 1: 33,664 tCO2eRevenue: $M 3,732Scope 1 Intensity: 9.02 tCO2e/$MBeijer RefYear: 2025Scope 1: 21,635 tCO2eRevenue: $M 4,030Scope 1 Intensity: 5.37 tCO2e/$MLoomisYear: 2025Scope 1: 131,294 tCO2eRevenue: $M 3,308Scope 1 Intensity: 39.69 tCO2e/$MSaabYear: 2025Scope 1: 14,922 tCO2eRevenue: $M 8,605Scope 1 Intensity: 1.73 tCO2e/$MIndutradeYear: 2025Scope 1: 10,969 tCO2eRevenue: $M 3,504Scope 1 Intensity: 3.13 tCO2e/$MSwecoYear: 2025Scope 1: 5,902 tCO2eRevenue: $M 3,434Scope 1 Intensity: 1.72 tCO2e/$MFasadgruppen GroupYear: 2025Scope 1: 4,026 tCO2eRevenue: $M 592Scope 1 Intensity: 6.80 tCO2e/$MRejlersYear: 2025Scope 1: 232 tCO2eRevenue: $M 515Scope 1 Intensity: 0.45 tCO2e/$MElectrolux ProfessionalYear: 2024Scope 1: 2,159 tCO2eRevenue: $M 1,142Scope 1 Intensity: 1.89 tCO2e/$MSdiptechYear: 2025Scope 1: 5,609 tCO2eRevenue: $M 565Scope 1 Intensity: 9.93 tCO2e/$MHusqvarnaYear: 2025Scope 1: 19,946 tCO2eRevenue: $M 5,068Scope 1 Intensity: 3.94 tCO2e/$MKarnov GroupYear: 2024Scope 1: 261 tCO2eRevenue: $M 235Scope 1 Intensity: 1.11 tCO2e/$MSecuritasYear: 2025Scope 1: 116,960 tCO2eRevenue: $M 16,864Scope 1 Intensity: 6.94 tCO2e/$MInstalcoYear: 2025Scope 1: 13,226 tCO2eRevenue: $M 1,478Scope 1 Intensity: 8.95 tCO2e/$MMunters GroupYear: 2025Scope 1: 8,000 tCO2eRevenue: $M 1,599Scope 1 Intensity: 5.00 tCO2e/$MPeabYear: 2025Scope 1: 149,955 tCO2eRevenue: $M 6,369Scope 1 Intensity: 23.54 tCO2e/$MProfilgruppenYear: 2025Scope 1: 2,305 tCO2eRevenue: $M 253Scope 1 Intensity: 9.10 tCO2e/$MRatosYear: 2024Scope 1: 14,848 tCO2eRevenue: $M 1,820Scope 1 Intensity: 8.16 tCO2e/$MVolvoYear: 2025Scope 1: 203,000 tCO2eRevenue: $M 52,097Scope 1 Intensity: 3.90 tCO2e/$MVestumYear: 2025Scope 1: 3,146 tCO2eRevenue: $M 411Scope 1 Intensity: 7.66 tCO2e/$MSandvikYear: 2025Scope 1: 78,326 tCO2eRevenue: $M 13,120Scope 1 Intensity: 5.97 tCO2e/$MSKFYear: 2025Scope 1: 51,199 tCO2eRevenue: $M 9,957Scope 1 Intensity: 5.14 tCO2e/$M

How does SKF's GHG emissions intensity compare to its peers?

In 2025, SKF reported a Scope 1 emissions intensity of 5.14 tCO₂e per millions USD. Compared to the peer group median of 6.8, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SKF rank on GHG emissions intensity within its industry?

In 2025, SKF ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

SKF is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into SKF's Total Carbon Footprint

In 2025, SKF reported a total carbon footprint of 5,233,341 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 51.66% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to SKF's total carbon footprint was Scope 3 emissions, accounting for 92.55% of the company's total carbon footprint, followed by Scope 2 emissions at 6.47%.a

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