• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Bearing Tips

Ball Bearings, Roller Bearings, Thrust Bearings, Tapered Bearings

  • Bearing Basics
  • Ball Bearings
  • Roller Bearings
  • Thrust Bearings
    • Ball Thrust
    • Roller Thrust
    • Tapered Roller Bearings
  • Lubrication
  • Resources
    • Video
    • Podcasts
    • Suppliers
  • Advertise
  • Subscribe
You are here: Home / Industry News / SKF joins SteelZero Initiative; commits to 100% carbon-neutral steel

SKF joins SteelZero Initiative; commits to 100% carbon-neutral steel

October 27, 2021 By Mike Santora

SKF-Large-LogoSKF, a global supplier of bearings, sealing solutions, lubrication systems, condition monitoring systems, and services has committed to using 100% carbon-neutral steel in its global supply chain by 2050. SteelZero is a global initiative bringing together forward-looking organizations to speed up the transition to a net-zero steel industry

Total greenhouse gas emissions from the steel sector account for around 7% of global annual emissions and are projected to rise in line with increasing demand, making decarbonizing steelmaking a critical part of overall efforts to combat climate change.

“Steel is by far the biggest source of carbon emissions upstream in SKF’s supply chain, and the transition from the current global steel production infrastructure to one which is carbon neutral is a massive undertaking,” said Rickard Gustafson, CEO of SKF. “We are already working with our steel suppliers on this, but there are limitations on how much change we can drive unilaterally. We will be working together with other like-minded industrial users of steel to advocate for the structural changes needed, and we will do this through our active membership of the SteelZero and ResponsibleSteel initiatives.”

“We are delighted to welcome SKF as a member of ResponsibleSteel,” said Anne-Claire Howard, CEO of ResponsibleSteel. “We work with organizations from every stage of the steel supply chain – and partnering with companies who have the influence to drive the market demand for steel supplies to be sourced and produced responsibly will help accelerate the steel industry to become net-zero by 2050.”

SKF products and solutions are critical in enabling the transition towards a carbon-free economy, making SKF a key enabling partner to many mature and emerging clean-tech sectors – from wind power and electric vehicles to tidal power remanufacturing. SKF engineers and technicians apply solutions like uptime contracts to help customers in more traditional process industries to understand and reduce their environmental impact. SKF has been measuring, reporting, and acting on its carbon emissions for more than 20 years – achieving sustained economic growth of the business while reducing the greenhouse gas impact in real terms.

Additional details:
• SKF global sustainability program
• U.S. SKF case study: Lubrication oil regeneration
• U.S. SKF case study: Increasing agricultural machinery efficiency
• U.S. SKF case study: Remanufacturing & reconditioning bearings

SKF
www.skf.com

Filed Under: Industry News Tagged With: SKF

Primary Sidebar

Search

RSS Featured White Papers

  • Polymers Outperform Metals In Precision Gearing
  • Crossed Roller Bearings Offer Many Benefits for Robotic Systems
  • Miniature Linear Bearings Offer Maximum Performance

Footer

Bearing Tips

Design World Network

Design World Online
The Robot Report
Coupling Tips
Motion Control Tips
Linear Motion Tips
Fastener Engineering
Wire and Cable Tips

Bearing Tips

Subscribe to our newsletter
Advertise with us
Contact us
About us

Copyright © 2025 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Privacy Policy