SKF Continues Its Environmental Leadership with a CDP 'A' Score for 2025
SKF Achieves Prestigious CDP 'A' Score for Environmental Leadership
In a remarkable achievement, SKF has once again secured an 'A' score from CDP, the renowned global non-profit dedicated to advancing corporate environmental disclosure. This honor, awarded for the third consecutive year, places SKF alongside the top-tier leaders in addressing climate change and showcases the company's commitment to sustainability.
In 2025, nearly 20,000 companies were evaluated by CDP, and receiving the highest possible score indicates that SKF has demonstrated unparalleled transparency, effective environmental governance, and significant strides towards building climate resilience.
Sofie Runius Cederberg, SKF's Head of Sustainability, expressed pride in this recognition, noting, "We are proud to have received an A rating from CDP. This acknowledgment underscores our ongoing efforts and reflects the dedication of our employees in driving positive environmental change. While we celebrate this achievement, it serves as a reminder that we must persist in our efforts towards creating a sustainable society."
CDP's Climate Change score serves as a critical benchmark for assessing corporate environmental performance and disclosure. It allows for cross-industry comparability and recognizes organizations that align with strategic frameworks like the Task Force on Climate-related Financial Disclosures (TCFD). This recognition highlights SKF's commitment to taking actionable steps in climate action and implementing industry best practices in sustainability.
The company has set ambitious targets, pledging to decarbonize all operations by 2030 and achieve a net-zero supply chain by 2050. Progress is already evident, with SKF reporting a 59% reduction in Scope 1 and 2 emissions in 2024 compared to the 2019 baseline—well ahead of its timeline.
Sherry Madera, CEO of CDP, remarked, "High-quality data empowers leaders to make environmentally positive decisions that ensure long-term viability, attract necessary capital, and protect natural ecosystems. This achievement illustrates what is possible when transparency is the foundation of decision-making."
SKF's continued dedication to sustainability not only enhances its brand reputation but also reinforces its position as a leader in combating climate change. As global attention increasingly focuses on environmental issues, SKF’s recognition by CDP reflects positively upon its strategic initiatives and corporate responsibility commitments.
The journey to a more sustainable future is an ongoing process, and SKF's accomplishments serve as both an inspiration and a challenge. As Cederberg reiterated, maintaining leadership in sustainability is an ongoing pledge that requires persistent effort and innovative solutions.
In conclusion, SKF's achievement of the prestigious CDP 'A' score showcases the company's commitment to environmental leadership and outlines the proactive measures being taken to address climate change. As they continue to make strides towards sustainability, their efforts will undoubtedly resonate across the industry, motivating others to follow suit. With clear targets and a transparent approach, SKF sets a commendable precedent for corporate responsibility in environmental stewardship.