SKF AB

Machinery, Equipment & Components

Company Summary

SKF AB, also known as SKF, is a multinational company specializing in the design, development, and manufacturing of bearings, seals, lubrication systems, and related services. Founded in 1907 and headquartered in Gothenburg, Sweden, SKF operates in two segments: Industrial and Automotive. The SKF bearing company is recognized globally for its engineering expertise and innovative solutions for various industries. SKF AB focuses on enhancing efficiency, reducing friction, and extending machinery lifespan through its products and services. The company’s commitment to sustainability is reflected in its efforts to improve energy efficiency and reduce environmental impact. SKF integrates environmental, social, and governance (ESG) considerations into its strategy, promoting responsible production and a circular economy. SKF USA Inc., part of the global SKF network, provides bearings and solutions across North America. SKF America serves sectors like automotive, aerospace, energy, and industrial applications. By aligning operations with ESG principles, SKF fosters transparency and accountability while advancing sustainable manufacturing practices. For updates on SKF company, SKF USA, and its products, visit the SKF news section. Learn more about SKF AB and its sustainability initiatives on their website below or esg report as above.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

15.9
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Machinery13 out of 572
Universe
Global2107 out of 15094

Overall ESG Rating :

76
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E87S75G64

Overall ESG Rating :

A
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

SKF is a leader among 46 companies in the industrial machinery industry.

Temperature Rise :

1.4℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned

News from SKF AB