AB SkfAB Skf - ESG Rating & Company Profile powered by AI

Industry Group:Industrial Machinery

The assessment of AB Skf incorporates intelligence from across the internet and also from available filings by AB Skf. This assessment of AB Skf is assembled by All Street Sevva using cutting edge Cognitive Robots. Detailed ESG analysis of AB Skf are reached by signing in.

AB Skf in the Industrial Machinery industry gained a UN SDG ESG Transparency Score of 6.0; made up of an environmental score of 6.4, social score of 6.0 and governance score of 5.3.

SDG Transparency Score for AB Skf 
Low
0 - 3

6.0

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for AB Skf 
6.4

Environmental

6.0

Social

5.3

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1GEA Group AG
9.0
High
2Ingersoll Rand Inc
8.9
High
299TP Group PLC
6.1
High
299United Vander Horst Ltd
6.1
High
307AB Skf
6.0
High
307CFM Holdings Ltd
6.0
High
307Darco Water Technologies Ltd
6.0
High
.........
1261Zhejiang Sanhua Intelligent Controls Co Ltd
0.0
Low
1261Zhejiang Yuejian Intelligent Equipment Co Ltd
0.0
Low
.........
View the full peer group of 1421 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does AB Skf have an accelerator or VC vehicle to help deliver innovation?

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Does AB Skf disclose current and historical energy intensity?

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Does AB Skf report the average age of the workforce?

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Does AB Skf reference operational or capital allocation in relation to climate change?

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Does AB Skf disclose its ethnicity pay gap?

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Does AB Skf disclose cybersecurity risks?

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Does AB Skf offer flexible work?

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Does AB Skf have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does AB Skf disclose the number of employees in R&D functions?

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Does AB Skf conduct supply chain audits?

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Does AB Skf disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does AB Skf conduct 360 degree staff reviews?

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Does AB Skf disclose the individual responsible for D&I?

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Does AB Skf disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does AB Skf disclose current and / or historical scope 2 emissions?

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Does AB Skf disclose water use targets?

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Does AB Skf have careers partnerships with academic institutions?

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Did AB Skf have a product recall in the last two years?

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Does AB Skf disclose incidents of discrimination?

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Does AB Skf allow for Work Councils/Collective Agreements to be formed?

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Has AB Skf issued a profit warning in the past 24 months?

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Does AB Skf disclose parental leave metrics?

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Does AB Skf disclose climate scenario or pathway analysis?

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Does AB Skf disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does AB Skf disclose the pay ratio of women to men?

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Does AB Skf support suppliers with sustainability related research and development?

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Does AB Skf disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does AB Skf reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is AB Skf involved in embryonic stem cell research?

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Does AB Skf disclose GHG and Air Emissions intensity?

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Does AB Skf disclose its waste policy?

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Does AB Skf report according to TCFD requirements?

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Does AB Skf disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does AB Skf disclose energy use targets?

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Does AB Skf disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does AB Skf have a policy relating to cyber security?

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Potential Risks for AB Skf
These potential risks are based on the size, segment and geographies of the company.

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products. It also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. The company offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers, buses, two and three wheelers, and wind energy. AB SKF (publ) was founded in 1907 and is headquartered in Gothenburg, Sweden.

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