SKF stock takes energy-efficiency push to COP31

Published on 11/11/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SKF stock is presenting energy-efficiency and circularity solutions at COP31. Magnetic bearings target lower power use in data-centre cooling.

What SKF is taking to COP31

SKF is presenting magnetic bearings, condition monitoring and circularity services for industrial customers.
Data-centre cooling is a central use case as artificial-intelligence infrastructure expands.
The company is joining the Energy Efficiency Movement to support wider adoption of industrial efficiency solutions.

SKF, SE0000108227, Illustration mit AI erstellt.

SKF is taking a portfolio of energy-efficiency and circularity solutions to COP31, the company said in a press release dated Thursday, November 5, 2026. The Swedish bearing maker is focusing on technologies that can reduce energy use, extend industrial asset life and limit material waste.

Efficiency becomes a growth theme

According to SKF, magnetic bearings can operate without physical contact, reducing friction and mechanical wear in cooling systems. The company links the technology to rising demand for data centres, where power is needed not only for computing but also for removing heat.

SKF estimates that chillers equipped with its magnetic bearings and commissioned in 2030 could avoid 3.4 million tonnes of carbon-dioxide-equivalent emissions over their lifetimes. The estimate is based on International Energy Agency scenarios and SKF business projections, making it a company calculation rather than a historical result.

The COP31 portfolio also includes SKF Insight bearings for condition monitoring, RecondOil for keeping industrial oil in use longer, remanufacturing services and SKF Infinium additive manufacturing. These offerings support a business case built around longer equipment life, lower waste and improved industrial resilience.

Partnerships support wider adoption

SKF said more than 20% of global energy is lost overcoming friction. Susanne Larsson, SKF's chief financial officer and chief sustainability officer, said the opportunity is to scale existing solutions across more customers. The company is also joining the Energy Efficiency Movement, a global network that promotes industrial efficiency.

SKF stock traded at 25.25 euros on Lang & Schwarz at 11:21 CET on Tuesday, November 10. The quote provides the latest dated market indication available for the security, while the COP31 announcement gives investors a view of the company's positioning in industrial efficiency, data-centre infrastructure and circular services.