SKF and Swiss Steel Group reduce CO2 emissions from steel products in rolling bearing production by 40%
Gothenburg, Sweden, 19 December 2024: SKF continues to reduce its carbon footprint globally to meet its decarbonization targets by 2030 and achieve net-zero emissions across the supply chain by 2050. In a new collaboration, SKF has chosen to source “GreenSteel Climate+” from Swiss Steel Group for bars and wires produced in EMEA. “GreenSteel Climate+” is produced from steel scrap and in electric arc furnaces using green electricity from renewable sources.The steel sourced from Swiss Steel Group is used directly to produce components across SKF’s European plants as well as by the Group’s