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SKF’s Ambitious Post-COP30 Initiatives

After a noteworthy presence at the UN Climate Conference COP30 in Belém, Brazil, SKF is setting its sights on amplifying its impact in sustainability through collaborative efforts. Their innovative circular technologies and remanufacturing solutions have already gained recognition by winning the SBCOP's Best Cases award, showcasing SKF’s commitment to pushing the boundaries of sustainable industrial practices.

To build upon the dialogue initiated at COP30, SKF is hosting the inaugural Friction Fighting Summit on December 3-4, 2025, in Gothenburg, Sweden. This summit aims to facilitate deeper discussions among industry leaders, academics, and financial experts, focusing on concrete actions rather than mere dialogue. David Johansson, President of Industrial Region Europe and Africa, emphasized the importance of collaboration, stating, "COP30 demonstrated that collaboration is essential for climate transition. Now it's time to move from words to action."

The summit’s agenda is built around tackling various forms of 'friction' that hinder sustainable innovation. This includes mechanical friction in processes and the more abstract frictions within business models, incentive structures, and decision-making. By focusing on proven solutions such as remanufacturing, RecondOil technology for circular industrial oil use, and energy-efficient technologies, the summit seeks to serve as a crucial catalyst for commercializing sustainability. Furthermore, the event will bolster Europe's strategic autonomy in the face of increasing global challenges.

Highlights from COP30 and Future Directions

At COP30, SKF underscored its contributions toward net-zero emissions with practical examples:

• - Remanufacturing of roller bearings helped prevent an impressive 15,600 tonnes of CO₂-equivalent emissions in just one year.
• - RecondOil technology promotes circular use of industrial oils, aiming to minimize waste.
• - The adoption of magnetic and ceramic technologies is enhancing energy efficiency in HVAC systems and heat pumps.
• - Furthermore, SKF is exploring tidal power drivetrains and implementing robust internal decarbonization programs.

The accolade of winning the SBCOP's Best Cases award for their remanufacturing solution distinctly showcases SKF’s leadership in sustainable practices, proving that innovation can align effectively with ecological responsibility. Additionally, SKF’s partnership with LeadIT, a global initiative aimed at propelling heavy industries toward net-zero emissions, reinforces their commitment to sustainability on a broader scale.

Key Insights from SKF Leadership

Vanja Winblad, the Sustainability Director at SKF, pointed out that while the technology for sustainable practices exists, what is often missing are structured measures and business models that incentivize sustainability. The Friction Fighting Summit is positioned as a daring initiative to actively propel the development of these essential frameworks. Winblad contends, "We know technology exists. What's missing are systematic measures and business models that reward sustainability."

Event Details: Friction Fighting Summit

• - Date: December 3-4, 2025
• - Location: Gothenburg, Sweden
• - Participants: Key stakeholders including industrial leaders, policymakers, academics, and investors from the Nordics and broader Europe.
• - Objective: To accelerate industrial transformation through collaborative innovation and commercialization of circular solutions.

SKF’s commitment to sustainability extends beyond recognition; it is manifesting through decisive action and collaboration aimed at nurturing innovation and driving real change in the industry. As the Friction Fighting Summit approaches, all eyes are on how industry leaders will come together to forge a path toward a more sustainable future.

In conclusion, SKF’s post-COP30 initiatives reflect a strong commitment to addressing climate change through innovative solutions and cross-sector collaboration. As the world increasingly faces environmental challenges, the actions taken now will define the future of sustainable industry practices and set a precedent for others to follow.