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SKF's Annual and Sustainability Report 2025

On March 6, 2026, AB SKF unveiled its Annual and Sustainability Report for 2025. This comprehensive report is now available on the company's official website, serving as a critical resource for stakeholders interested in SKF's operational performance and strategic goals.

Key Highlights of the Report

The 2025 report emphasizes SKF's resilient financial performance and the company’s commitment to executing its strategic objectives. Rickard Gustafson, SKF's President and CEO, stated, "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."

A notable feature of this year’s report is a revamped front-end section that primarily features a detailed letter from the President. This letter outlines SKF’s financial performance and highlights key strategic developments achieved during the year, providing a clearer understanding of the company's trajectory and future aspirations.

Sustainability Commitment

An integral part of SKF's mission is sustainability, which is addressed extensively in the report through an extended Sustainability Report. This section meets the stipulations of the Corporate Sustainability Reporting Directive (CSRD), showcasing the company's progress toward important decarbonization goals by 2030. Notably, SKF achieved a remarkable 79% reduction in scope 1 and 2 emissions compared to 2019 levels, significantly improving from 59% in 2024.

SKF's sustainability journey demonstrates its dedication to renewable energy commitments and broader sustainability ambitions. The company continues to strive for improved environmental performance while delivering value to its customers and shareholders.

Future Directions

The Annual and Sustainability Report also includes insights into SKF’s ongoing transformation as it adapts to shifts in the global market landscape. This transformation is not only about improving financial outcomes but also about ensuring that the company remains at the forefront of sustainable practices within the industry. The detailed strategies outlined in the document are crucial for understanding how SKF plans to navigate challenges and opportunities in the years to come.

For stakeholders interested in a deeper dive into SKF’s long-term value creation, the updated Investor Relations website provides further information. Here, details regarding the strategies for value generation can be accessed, alongside links to the full annual report and sustainability updates.

Conclusion

In conclusion, SKF's Annual and Sustainability Report 2025 highlights both the company's substantial financial achievements and its unwavering commitment to sustainability. By focusing on long-term value creation and environmental responsibility, SKF positions itself as a leader in both innovation and corporate responsibility. The report serves not just as a reflection of past successes but also as a roadmap for future endeavors aimed at making a positive impact on society and the planet.

For further details, the complete report is available on SKF’s Investor Relations page.