SKF is a Swedish maker of bearings and related industrial components, headquartered in Gothenburg.
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SKF has cut its own emissions 79% since 2019 and 91% of its electricity is renewable, against SBTi-validated targets. But its supply-chain emissions are rising and are now above their 2019 level. It rates water and biodiversity as not material and publishes no group water figure.
SKF scores 48/100 (Making progress) on SINK's independent climate assessment, scored from public data only. Fees pay for the review, never the result. Last verified October 2026.
That places SKF joint 205th of 883 companies scored, and joint 1st of 14 in Industrial Equipment / Machinery.
SKF shares top spot among industrial equipment / machinery peers.
Among the 14 major industrial equipment / machinery brands we've scored, SKF is tied =1st of 14, with 1 other.
Its three lowest-scoring questions, and what the evidence didn't show.
EU Taxonomy biodiversity criteria only partially met; no TNFD disclosure.
Scope 3 total (4.93 Mt) only 4% below 2019 baseline (4.72 Mt); use of sold products up 48% on 2024.
SKF rates water as immaterial and publishes no group withdrawal or consumption figure.
A score changes when the evidence does. We use new published evidence at the next rescore. Evidence that isn't public can count through an evidence review.
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Get in touch →Strongest on Carbon Footprint — Operations and Targets & Commitments (9/10, 9/10). Weakest on Nature & Biodiversity Impact and Emissions Trajectory (3/10, 4/10).
SKF leads its sector. These are the next 3 down.
Smiths has demonstrated consistent absolute emissions reductions across operations and supply chain, with SBTi-validated net-zero targets and executive pay tied to GHG outcomes.
See the breakdown →Schindler reports assured emissions and has SBTi-approved targets for net zero by 2040.
See the breakdown →IMI has verified Scope 1+2 emissions down 36% since 2019 and SBTi-validated net-zero targets.
See the breakdown →The formula and all 12 sources.
Same ten questions for every company. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × Scale12 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
9 of 12 sources are independent of the company.
“In 2025, we reached a 79% reduction”
“In 2025, SKF reached a 79% reduction in scope 1 and 2 emissions from a 2019 baseline (an improvement from 59% in 2024).”
“a year-on-year emission reduction for scope 1 and 2 emissions of 32%”
“SKF received an A score in the Climate Change category from CDP for the third consecutive year”
“These nine decarbonized factories represent almost 20% of SKF”
“The nine total decarbonised facilities account for nearly 20% of SKF s baseline manufacturing emissions”
“This will enable SKF factories and facilities in the United States and Canada to achieve 100 percent renewable electricity.”
“we are committed to science-based target initiatives (SBTi) and RE100”
“the development of Recondoil, an exclusive method for the management and treatment of industrial oils”
“SKF has committed to reducing its absolute scope 1 and 2 GHG emissions by 95% by 2030 from a 2019 base year, and to reduce its scope 3 emissions by at least 31%.”
“Primary Offense : hazardous waste violation”
“score in the category Climate Change from CDP”
If you believe a source has been misread or a newer version exists, submit a challenge.
SKF is a Swedish maker of bearings and related industrial components, headquartered in Gothenburg. It had about 37,300 employees and SEK 91.6 billion sales in 2025.
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