SKF Drives Sustainability at Global Climate Summit COP30

SKF's Commitment to Sustainability at COP30

SKF is set to participate in COP30, a significant climate summit taking place in Belém, Brazil. The event, scheduled for November 2025, embodies a platform for global leaders and organizations to unite in addressing pressing climate challenges through collaboration and innovation.

Addressing Friction for a Sustainable Future

For over a century, SKF has been dedicated to minimizing the friction not only in mechanical terms but in various industry practices as well. Acting as both a supplier and a customer, SKF acknowledges its role and responsibility in promoting sustainable practices across the global value chain.

Rickard Gustafson, the President and CEO of SKF, emphasized, "Since 1907, our innovations have aimed at reducing friction in industrial processes. Our aspirations for climate action necessitate fresh collaborations. We are determined to approach these challenges using our vast experience and cutting-edge technology."

Collaboration as a Catalyst for Change

At COP30, SKF intends to showcase how deeply sustainability is woven into its products and services. The company believes that effective collaboration is essential for achieving decarbonization and fostering a circular economy. Annika Ölme, CTO and Senior Vice President of Technology Development, highlights the significance of working alongside customers and partners to meet shared climate goals.

"Our commitment to sustainability is fundamental to our business resilience," says Ölme. She points out that developing energy-efficient solutions and fostering circular economies are pivotal in these collaborative efforts to combat climate challenges.

SKF's Global Reach and Impact

SKF operates in approximately 130 countries, showcasing its immense global presence with about 17,000 distributor locations worldwide. The organization specializes in harnessing customer insights to create practical solutions that lower emissions and enhance operational sustainability.

Sofie Runius Cederberg, Head of Sustainability at SKF, notes the importance of their achievements in reducing the environmental impact of their operations. This progress has been spurred by increasing the use of renewable energy, enhancing energy efficiency, phasing out fossil fuels, and improving productivity.

About COP30

The COP30 summit represents an essential convening of individuals and organizations dedicated to climate action, featuring scientists, NGOs, and business leaders.

Engagement through the Climate Matchmaker Initiative

In addition to participating at COP30, SKF is involved in Business Sweden's Climate Matchmaker initiative, designed to connect pressing climate problems with scalable solutions provided by Swedish businesses.

Partnership in Climate Dialogue

Moreover, SKF takes pride in being part of the Brazilian initiative SB30, which emphasizes the significance of the private sector’s involvement in climate negotiations to foster meaningful outcomes.

Frequently Asked Questions

What is the primary focus of SKF at COP30?

SKF aims to showcase its commitment to sustainability and collaboration, emphasizing innovative solutions to combat climate change.

When and where is COP30 scheduled to take place?

COP30 is set to occur in Belém, Brazil, from November 10 to 21, 2025.

Who are SKF's representatives at the event?

Prominent figures like Rickard Gustafson, Annika Ölme, and Sofie Runius Cederberg will represent SKF at COP30.

How does SKF contribute to sustainability?

SKF develops energy-efficient solutions, promotes circular economies, and engages in collaborative efforts with customers and partners to reduce emissions.

What initiatives is SKF involved in besides COP30?

SKF is part of Business Sweden's Climate Matchmaker initiative and the Brazilian SB30 initiative, advocating for private sector participation in climate negotiations.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

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