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SKF Leads the Establishment of Global Bearing Environmental Standards to Promote Carbon Reduction Throughout the Life Cycle
2024-06-30
On June 1, 2023, SKF announced that the Product Category Rule (PCR) for bearings, which it led in formulating, has been approved by the International Environmental Product Declaration (EPD) system, becoming the world’s first unified environmental assessment standard for the bearing industry. This rule standardizes the life cycle assessment methodology for bearings, covering core indicators such as carbon emissions, energy consumption, and resource recycling, from raw material extraction to waste disposal.


According to Magnus Rosén, Head of Sustainability at SKF, the PCR provides manufacturers with a standardized framework for calculating environmental performance, allowing customers to select low-carbon products based on EPD certification data. This initiative aligns with SKF’s goal of achieving net-zero emissions in operations and supply chains by 2050. Currently, more than 20 bearing enterprises have adopted this standard for product environmental certification.


(Source: SKF Investor Relations Announcement https://investors.skf.com)


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