SKF stock takes energy-efficiency solutions to COP31

Published on 11/10/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SKF stock is tied to a COP31 push focused on lower energy use and longer asset life. Magnetic-bearing chillers could avoid 3.4 million tonnes of CO2e over their lifetimes.

SKF expands its efficiency focus

SKF will showcase magnetic bearings, monitoring, oil regeneration and remanufacturing at COP31.
The company is joining the Energy Efficiency Movement to promote industrial efficiency solutions.
Data-centre cooling is a commercial focus as artificial-intelligence demand raises infrastructure needs.

SKF, SE0000108227, Illustration mit AI erstellt.

SKF is taking energy-efficiency and circularity technologies to COP31, linking its industrial portfolio to efforts to reduce emissions while improving productivity and resilience. The company announced the programme on Thursday, November 5, 2026, in a press release from Gothenburg.

SKF will present magnetic bearings, condition-monitoring solutions, oil regeneration, remanufacturing services and additive-manufacturing applications. The company says the technologies can help industrial customers use less energy, extend equipment life and reduce material waste.

Data-centre cooling adds a growth angle

SKF is highlighting magnetic bearings for cooling systems used in data centres. The bearings operate without physical contact, which reduces friction and mechanical wear. Frederic Ponson, director of Magnetic Mechatronics, said more efficient cooling could help reduce the energy footprint created by rising artificial-intelligence demand.

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's business projection, so it is a company calculation rather than a reported historical result.

Susanne Larsson, SKF's CFO and CSO, said the company already has solutions for energy efficiency, resilience, circularity and uptime. She identified scaling their use among more customers as the opportunity. SKF will also join the Energy Efficiency Movement, a global network promoting industrial energy-efficiency solutions.

Industrial portfolio remains the test

The announcement broadens SKF's sustainability narrative into a commercial discussion about energy consumption, reliability and asset life. The investment case still depends on customer adoption, project economics and the conversion of these technologies into orders and recurring services.

SKF stock traded at 25.32 euros on Lang & Schwarz at 10:59 CET on Tuesday, November 10, 2026.