SKF Unveils Comprehensive Annual and Sustainability Report for 2025

SKF's Annual and Sustainability Report 2025

On March 6, 2026, AB SKF officially published its Annual and Sustainability Report for the year 2025 on the company's website. This comprehensive document not only highlights the company's financial performance but also emphasizes its commitment to sustainability and long-term value creation for shareholders and other stakeholders.

CEO Rickard Gustafson noted, "In 2025 we continued to unlock long-term value. The achievements made in executing our strategy, while delivering resilient results and advancing sustainability, are a testament to the hard work and dedication of our global teams." This statement underlines SKF's focus on maintaining strong performance while prioritizing strategic execution and sustainability goals.

The report has a streamlined front section that includes an extended letter from the President. This letter details financial outcomes and strategic updates, offering insights into key milestones achieved in 2025. Notably, it discusses the ongoing transformation within the Group, providing a clearer view of SKF's direction and future ambitions. Investors can dive into more detailed information regarding SKF's value creation strategies on their updated investor relations webpage.

Additionally, the report includes an expanded Sustainability Report, aligning with the requirements of the Corporate Sustainability Reporting Directive (CSRD). This section showcases SKF's continued advancements in meeting its 2030 decarbonization targets, its commitments to renewable energy, and broader sustainability objectives. Impressively, SKF achieved a 79% reduction in scope 1 and 2 emissions from a 2019 baseline, a significant improvement over the previous year's 59% reduction.

For those interested, the SKF Annual and Sustainability Report for 2025 can be accessed online, highlighting the company's transparency and dedication to stakeholder engagement. Key information about its financial status and sustainability endeavors indicate a strong commitment to responsible business practices.

You can find the report here.

As mandated by local regulations, Aktiebolaget SKF (AB SKF) has made this Annual Report public in accordance with the Securities Markets Act. The report was submitted for publication through an authorized contact on March 6, 2026.

For further inquiries, interested parties can reach out to:

- Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893, [email protected]
- Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072, [email protected]