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Help us shape the future of SKF Care – our definition of sustainable development.

You are hereby kindly invited to state your views on the importance of sustainability aspects related to SKF and our value chain.

Sustainability is a driver in SKF, and is defined by SKF Care – with its four cornerstones; Business Care, Environmental Care, Employee Care and Community Care.

Our aim is to make SKF more sustainable year after year. We also try to help our customers, business partners and suppliers to become more sustainable and live up to their targets and commitments.

SKF Care describes the focus areas at the highest level and in each area more detailed issues are defined. You may have noticed the SKF Care structure in our Annual Report – here is your chance as a key stakeholder to validate or challenge what we include.

Your feedback is highly appreciated; all responses will be treated with the highest confidentiality.

This survey follows the structure of SKF Care. Those who are familiar with GRI aspects and its structure will recognise many aspects, even though we have added some and also tried to use a simplified vocabulary because the survey is used for a wider range of stakeholders.

 
 
 
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What do you consider the most relevant social, ethical, economic and environmental issues that SKF needs to address in order to be a responsible, honest and transparent company?
   
 
 
Business Care is built on a clear and dedicated customer focus and on delivering a strong, sustainable, financial performance and the right returns for shareholders. These results should be achieved in accordance with the highest standards of ethical behaviour.

We have focused our work on the sub-topics below. According to you, how important is it that SKF focuses efforts on the below areas in order to achieve our vision, commitment and targets?
Major importance Some importance Little importance No opinion, don’t understand
Overall economic impact and financial information
a. Financial value generated and distributed (Revenues, expenses, taxes, dividends, community investments).
b. Financial targets and performance.
c. Financial implications due to climate change.
d. SKF’s defined benefit plan obligations (pension obligations to previous employed).
 
 
Business Care - ethical business conduct
Major importance Some importance Little importance No opinion, don’t understand
a. Anti-corruption and anti-bribery,
b. Anti-fraud
c. Antitrust – anti competitive behaviour
 
 
Business Care - Supply chain and procurement practices
Major importance Some importance Little importance No opinion, don’t understand
a. Any environmental aspect, emissions, waste, water etc at SKF suppliers
b. Labour practices, worker representatives and management relationship at suppliers
c. Health and safety in the work place at SKF suppliers
d. Human rights monitoring at SKF’s suppliers
e. Business ethics and other code of conduct issues at suppliers
f. How much of total purchased material comes from local suppliers
 
 
 
Would you like to suggest any additional aspects of Business Care, beyond this “short-list” that SKF should address that may have material impact?
   
 
 
Environmental Care focuses on the Group’s responsibility to continually strive to reduce the negative impact on the environment from our own operations and those of our suppliers. SKF BeyondZero combines this with the strategy to improve customers’ environmental performance through products, and solutions that improve energy efficiency and reduce environmental impact. These are defined, measured and verified for inclusion in the SKF BeyondZero portfolio.

We have focused our work on the sub-topics below. According to you, how important is it that SKF focuses efforts on the below areas in order to achieve our vision, commitment and targets?
Major importance Some importance Little importance No opinion, don’t understand
Use of recycled material as input for products
Material efficiency (amounts of raw material required vs. final material used in finished products.
Energy used (direct and indirect)
Water use (amounts used and by source)
Relevant greenhouse gas emissions, (Scope 1 & 2 – direct and indirect emissions resulting from SKF’s manufacturing)
Other relevant air emissions reported such as solvents, ozone depleting substances etc.
Waste and residual material
Environmental impact mitigation of products and services provided (Reduced environmental impact from SKF’s products)
Impact from transportation
Overall environmental management
Environmental compliance of products and services
 
 
 
Would you like to suggest any additional aspects of Environmental Care, beyond this “short-list” that SKF should address that may have material impact?
   
 
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