Potential offtaker

SKF INDIA LTD

www.skfindia.com

Estimated electricity consumption

N/A

Countries of production presence

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SKF India Ltd is a leading player in the ball and roller bearing sector in India. The company has been in operation for over 100 years and has established itself as a trusted brand in the industry. SKF India Ltd is a subsidiary of SKF AB, a Swedish multinational company that specializes in the production of bearings, seals, and lubrication systems.

SKF India Ltd is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions by 40% by 2025 and to achieve carbon neutrality by 2030. To achieve these targets, SKF India Ltd is investing in renewable energy and energy-efficient technologies.

One of the key initiatives taken by SKF India Ltd in the area of decarbonisation is the use of renewable energy. The company has installed solar panels at its manufacturing facilities and offices across the country. These solar panels generate clean energy and reduce the company's dependence on fossil fuels. SKF India Ltd has also signed a corporate power purchase agreement (PPA) to source renewable energy from a wind farm in Tamil Nadu. The PPA will enable SKF India Ltd to reduce its carbon footprint and support the development of renewable energy in India.

SKF India Ltd is also investing in energy-efficient technologies to reduce its energy consumption. The company has implemented energy-efficient lighting systems, HVAC systems, and compressed air systems at its manufacturing facilities. These initiatives have helped SKF India Ltd to reduce its energy consumption and lower its carbon emissions.

Corporate energy management is another area of focus for SKF India Ltd. The company has implemented an energy management system (EnMS) to monitor and manage its energy consumption. The EnMS helps SKF India Ltd to identify areas of energy wastage and implement measures to reduce energy consumption. The company has also conducted energy audits at its manufacturing facilities to identify opportunities for energy savings.

SKF India Ltd is committed to reducing its carbon footprint and promoting sustainable development. The company has implemented a number of initiatives to achieve its sustainability goals, including the use of renewable energy, energy-efficient technologies, and corporate energy management. SKF India Ltd is also working with its suppliers and customers to promote sustainable practices across its value chain.

In conclusion, SKF India Ltd is a leading player in the ball and roller bearing sector in India. The company is committed to decarbonisation and reducing its carbon footprint. SKF India Ltd is investing in renewable energy, energy-efficient technologies, and corporate energy management to achieve its sustainability goals. The company's initiatives in these areas are not only helping to reduce its environmental impact but also promoting sustainable development in India.

✓ Declared Net Zero commitment