SKF Showcases Sustainable Solutions at COP30, Wins Award for Remanufacturing
SKF is set to present its scalable technologies and circular solutions at the UN Climate Change Conference (COP30) in Belém, Brazil. The focus will be on accelerating the reduction of carbon emissions within the industrial sector. This initiative underscores SKF’s commitment to innovation, circularity, and responsible growth, all supporting the transition towards a net-zero future.
“COP30 is a platform that highlights how collaboration and partnerships are crucial for the climate transition,” says Annika Ölme, CTO and Senior Vice President, Technology Development. “We are proud to contribute innovative and sustainable solutions that reduce environmental impact while creating tangible value for industries worldwide.”
Key Technologies and Initiatives
SKF will showcase several key technologies and initiatives during COP30, including:
- Energy Transition: Focusing on solutions that drive the shift towards cleaner energy sources.
- Circular Economy: Highlighting practices that promote resource efficiency and waste reduction.
- Materials: Showcasing advancements in sustainable materials and their applications.
“Remanufacturing” and “RecondOil” are two prime examples of SKF’s contribution to a circular future. Other solutions to be presented include:
- Industrial heat pumps with ceramic and magnetic technology.
- Energy-efficient HVAC systems powered by SKF’s magnetic bearings.
- Drivelines for tidal power for renewable energy production.
- Internal decarbonization programs and a robust investment framework.
SBCOP’s Best Cases Award
SKF’s remanufacturing solutions will be recognized as winners of SBCOP’s (Sustainable Business COP) Best Cases at COP30. This award acknowledges SKF’s dedication to sustainability, extending product lifecycles, reducing waste, and minimizing carbon emissions through advanced remanufacturing methods.
“At SKF, we demonstrate credibility and progress through our own science-based net-zero journey, applying the same ambitious standards internally as we advocate externally,” states Annika Ölme. “By actively decarbonizing our operations, investing in circularity, and ensuring supply chain transparency, we are building our leadership on verifiable actions and technological innovation.”
Accelerating Carbon Emission Reduction in Industry
SKF’s remanufacturing initiative demonstrates how technologies and circular solutions can expedite the reduction of carbon emissions within the industrial sector. Remanufactured bearings perform as well as new ones, at a lower cost, with shorter lead times, and with a significantly smaller carbon footprint during manufacturing. The process ensures that the products maintain the same quality and standards.
SKF’s RecondOil Double Separation Technology (DST) enhances the circularity of industrial oil by regenerating it into a reusable resource, preventing aging and eliminating the need for new oil. This reduces waste, lowers emissions, and improves machine performance.
“SKF has consistently driven sustainability through energy-efficient solutions, circularity, and emission reductions in close collaboration with our customers,” says Sofie Runius Cederberg, Head of Sustainability, SKF. “COP30 marks a strategic opportunity for SKF to take a step forward, share our learnings, and collaborate on global climate solutions.”
About SKF
Since 1907, SKF has been a leading manufacturer of innovative bearings, seals, lubrication systems, and condition monitoring solutions. By reducing friction, SKF helps industries become smarter, more competitive, and more energy-efficient, contributing to a more sustainable future. SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. In 2024, sales amounted to 98,722 MSEK, and the number of employees was 38,743.
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