Corporate Sustainability Programs

SKF focuses on energy intensity and carbon intensity in our efforts to reduce our own direct emissions of CO2. Energy intensity works on reducing the energy used at our own facilities. Carbon intensity refers to the CO2 emissions generated by our power suppliers.  

Reducing energy costs and pollution emissions involves many areas within an industrial facility.  My studies have found seven (7) key (or common) areas where low cost practical projects can be implemented.  Combined, these projects provide savings exceeding 10% of the annual energy spend with an average payback of less than one year.

Reducing energy costs and pollution emissions involves many areas within an industrial facility.  My studies have found 7 key (or common) areas where low cost practical projects can be implemented.  Combined, these projects provide savings exceeding 10% of the annual energy spend with an average payback of less than one year.

The CFO asks the Corporate Energy Manager, “The numbers for this energy efficiency project look too good to be true - $334,000 in annual energy savings requiring a $89,000 investment (after the energy rebate) with a simple ROI of just 3 months?” “How do we know the reduction in kWh useage, which the energy auditor has promised, will actually happen?” “Why don’t we just deploy this same capital into a production project where we have more experience and confidence in the expected ROI?”   The recently hired Corporate Energy Engineer answers, “Those are the right questions to ask - we strongly believe in this opportunity for the following reasons.”