SKF issues its second Green Bond; raises EUR 400 million to finance green investments
Gothenburg, 8 September 2022: SKF has issued its second Green Bond, which will raise EUR 400 million to fund eligible green projects in accordance with the Group’s Green Finance Framework. The Bond further connects SKF’s business strategy and funding approach to the Group’s sustainability commitment and climate targets.
The proceeds from the Green Bond will finance continued investments in SKF’s intelligent and clean strategy, where potential projects totaling a significant amount of the Bond’s value already have been identified. These potential projects include capital investments and