By engaging in green financing, SKF’s funding strategy will become more aligned with the Group’s climate objectives, to reduce carbon emissions from its own manufacturing and supply chain operations, as well as supporting customers to reduce their emissions.
Within the Green Finance Framework, SKF intends to finance investments that support the transition to a low-carbon, climate resilient growth and lower environmental impact.
Niclas Rosenlew.
CFO Niclas Rosenlew says: “Sustainability is integrated into our strategy and business models. Our products help to reduce friction, energy and water consumption. Our offerings have always had an impact in these areas and by making sure our financing structure also contributes to a more sustainable world, we are taking the next step in our sustainability strategy.”
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Through the design and manufacture of components with sustainability at their core, SKF is reimagining the future of rotation, rolling away from traditional, consumable-based thinking toward a smarter, more sustainable circular approach.”
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South Africa’s water crisis is no longer looming. It is already here. To move forward, water treatment must become part of a broader infrastructure renewal agenda. This includes decentralised solutions, private-sector innovation and long-term investment.
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