Wednesday 3 June 2020

Mechanical components firm SKF commits for factories to be carbon-neutral by 2030

Mechanical components firm SKF commits for factories to be carbon-neutral by 2030

SKF, the global manufacturer of mechanical components, aims to achieve a carbon-neutral manufacturing footprint by 2030.

The 2030 target will cover the company's manufacturing operations and wider scope 1 and 2 emissions - it will be achieved by a combination of energy-efficient machinery and generation of renewable energy.

The Swedish bearing giant notes it may purchase carbon offsets as a last resort in order to reach the target.

Alrik Danielson, SKF's President and CEO, said: "Reducing emissions is necessary to combat the climate crisis and as a global company, it is important that we show leadership.

"We strive to reduce the climate impact in the full value chain, from the raw material we buy to the customer's use and beyond. The responsibility to act starts in our operations. We will act with speed and purpose to achieve this goal."

The firm has already decreased its manufacturing carbon footprint by 36% and is operating two carbon-neutral factories.

Written by

Bruna Pinhoni

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