SKF's Mission at COP30: Building a Sustainable Future Together

SKF’s Commitment to a Sustainable Future

SKF is making waves in the sustainability arena by actively participating in COP30, a significant summit aimed at combating the climate crisis. This gathering, set to be held in Belém, Brazil, focuses on uniting leaders from various domains, emphasizing the importance of collaboration in addressing climate challenges.

Addressing Friction in Climate Efforts

As a global leader with a unique insight into the industrial ecosystem, SKF acknowledges the friction—both literal and metaphorical—in existing mindsets, metrics, and business models. It recognizes the crucial role it plays in transforming collaboration into competitiveness. SKF’s President and CEO, Rickard Gustafsson, emphasizes that their extensive history in reducing friction since 1907 positions them as pioneers in sustainable industry practices.

Collaborative Innovations for Decarbonization

Driving forward the conversation on sustainability, SKF sees cross-sector collaboration as essential for meaningful change. The company actively works with partners and customers to promote decarbonization and energy-efficient solutions. Annika Ölme, CTO and Senior Vice President, highlights the significance of shared goals in achieving a resilient industry powered by sustainable practices.

Global Reach and Impact

SKF operates in around 130 countries, boasting approximately 17,000 distributor locations. This extensive network enables the company to convert customer insights into practical solutions that not only reduce emissions but also enhance operational efficiency. This symbiotic relationship is vital as SKF aids customers in transitioning to greener operations through innovative solutions.

Insights from Sustainability Leaders

Sofie Runius Cederberg, SKF's Head of Sustainability, shared that the company's journey in reducing its climate impact showcases what it takes to progress meaningfully. SKF's initiatives, such as increasing the use of renewable energy and improving energy efficiency, set a standard for how collaborations can drive substantial benefits in sustainability.

About COP30

COP30 is positioned to be one of the world’s most impactful climate summits, convening influential voices from the global stage. It aims to foster productive partnerships that can lead to actionable solutions and scalable innovations for climate resilience. SKF is honored to be part of this transformative dialogue as part of Business Sweden's "Climate Matchmaker" approach.

SKF’s Initiatives at COP30

At COP30, SKF will present its sustainability efforts and successful collaboration with various stakeholders. The company is also proud to engage in the Brazilian initiative SB30, which champions the integration of the private sector in climate negotiations, demonstrating a commitment to sustainability.

Contact Information

For further inquiries about SKF’s initiatives or participation at COP30, individuals can reach out to:

Press Contact:
Karin Markhede, PR Manager
mobile: 46 707-588 730; e-mail: karin.markhede@skf.com

Investor Relations:
Sophie Arnius, Head of Investor Relations
tel: 46 31-337 8072; mobile: 46 705-908 072; e-mail: sophie.arnius@skf.com

Frequently Asked Questions

What is SKF's role at COP30?

SKF aims to showcase its sustainability initiatives and promote the importance of cross-sector collaboration in addressing climate change.

How does SKF contribute to sustainability?

SKF provides innovative solutions that reduce emissions and improve operational efficiency for clients across various industries.

What is COP30 focused on?

COP30 focuses on uniting global leaders to develop actionable solutions for climate challenges and enhancing resilience in industries.

How many countries does SKF operate in?

SKF operates in approximately 130 countries, facilitating a vast network for distributing its sustainability solutions.

Who can be contacted for media inquiries regarding SKF?

Karin Markhede, the PR Manager, is available for press inquiries and can be reached at karin.markhede@skf.com.

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