Diversified Support Services
SEK 192 (0.23)%
Share price
$ 8.4 bn
Market Cap
$ 9.7 bn
Enterprise Value

Carbon footprint

33 Ton
GHG emissions per $ 1 mln investment
0.93x the weighted average for S&P 500
How is this calculated?
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -8.2% weighted average for S&P 500
How is this calculated?

AB SKF aims to achieve net zero for Scope 1 + 2 by 2030

AB SKF's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

AB SKF's GHG emissions (market-based) (Kt of CO2e)
AB SKF's Carbon intensity (Tons per 1 USDm)

AB SKF's carbon footprint

AB SKF reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 316 Kt (-52 /-14.2% y-o-y). Also positively, carbon intensity was down at 33 t (-5.8 /-15% y-o-y).

AB SKF's Scope 3 emissions increased marginally to 1,514 Kt (+6.5/+0.4% y-o-y).

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -39 Kt per annum over the period of FY2023 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

AB SKF aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2030. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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