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0.00228310502283108 0.00228310502283108 0.00228310502283108 0.00228310502283108 0.00228310502283108 0.00228310502283108 0.00228310502283108 -0.00730593607305921
Stock impact report

SKF Annual Report 2023 published online; on track to deliver on 2030 sustainability target [Yahoo! Finance]

SKF AB S/ADR (SKFRY) 
NASDAQ:AMEX Investor Relations: skf.com/group/investors/investor-relations
Company Research Source: Yahoo! Finance
The Report highlights SKF's strategic transformation journey and financial performance, as well as how the Group's business model and strategy are designed to maximize value creation for customers, shareholders, and other stakeholders. "In 2023, we continued to rapidly and diligently execute on our strategy to further strengthen us as a company, contributing to a strong financial performance in a turbulent macro environment. The achievements being made are primarily thanks to the hard work and dedication throughout the year from all our employees," says Rickard Gustafson, President and CEO. Sustainability is integrated in the Annual Report which also includes SKF's Sustainability report, prepared in accordance with the GRI Standards 2021. In 2023, SKF reported a reduction in scope 1 and 2 emissions of 41% vs. 2019 base year which is in line with the 2030 goal trajectory. With around 20% of all energy produced being used to overcome friction, the Annual Report explains how SKF wo Show less Read more
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