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) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 51,199a | 52,153a | 56,180a | |
Total Scope 2 | ||||
Market-Based | 39,055a | 125,505b | 204,024c | |
Location-Based | 338,562a | 392,255b | 447,320c | |
Total Scope 3 | 4,843,580a | 3,006,408b | 1,788,833c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.1421a | 5.8217a | 5.456a |
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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
In 2025, the total Scope 1 emissions of SKF were 51,199 metric tons of CO₂ equivalent (tCO₂e).a
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
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
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
In 2025, SKF reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2025, the largest contributors to SKF's Scope 3 emissions were:a
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
In 2025, SKF reported a Scope 1 emissions intensity of 5.14 tCO₂e per millions USD. Compared to the peer group median of 6.82, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, SKF ranked 8 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
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