AB SKF (SKF-B.ST)

Overall impact
B (74)

Commentary

AB SKF is a strong overall performer. With a 'B' rating of 74.2 for overall impact (88th percentile compared to all companies), AB SKF ranks 3rd out of 37 industry peers, behind Ahlsell and NTN, and ahead of Stanley Black & Decker, The Eastern Company, NN, Inc. and 31 others. On top material causes for AB SKF's industry (Industrial Goods), AB SKF performs well in Reduced Green House Gas Emissions (95.3 score), Accountable Institutions (95.8), Fair Labor Practices (83.8) and 10 other causes where it received an 'A' score and performs poorly in Clean Water Access (10.9 score), Sustainable Use of Water (23.8) and Technology Innovation (22.3).
Impact
Cause SKF-B.ST
Peer rank
Overall impact

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Company
Employees
38,008
Sector
Industrials
Industry
Machinery
Sub-industry
Industrial Machinery & Supplies & Components
SASB industry
Industrial Machinery & Goods
Headquarters
Sweden
Share classes
SKF-B.ST
SKFRY
Description
AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products. It provides application engineering services consisting of technical consultancy, numerical simulation and design, and root cause analysis; asset management services, such as assessment and benchmarking, maintenance strategy review, spare parts and inventory management, and lubrication management; condition-based maintenance, including vibration analysis and diagnostics, thermography, lubrication analysis, and condition monitoring system installation; mechanical maintenance comprising mounting and dismounting, precision alignment, and balancing; remanufacturing and customization; and training solutions, which include instructor-led training, e-learning courses, and webinar recordings. It serves the aerospace, agriculture, automotive, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing, ocean energy, pulp and paper, railways, and wind industries. AB SKF (publ) was incorporated in 1907 and is headquartered in Gothenburg, Sweden.
Material causes
Ethos considers the following causes material for AB SKF, based on its industry sub-industry Industrial Machinery & Supplies & Components. Learn more about material causes in our methodology overview.

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