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Code of Conduct
A set of rules, skills, attitudes, and mindsets that guide how SKF employees interact with business partners and each other
Whistleblowing
Reporting concerns anonymously about decisions, behavior, or actions not in line with the Code of Conduct
Collaboration
Building a bond within the global community to achieve progress together
Curiosity
Staying innovative and learning to provide better solutions for the planet and customers
Courage
Standing up for what is right and challenging norms for improvement
Care
Prioritizing empathy, reliability, and ethical practices for the well-being of colleagues, suppliers, customers, communities, and the environment
Circularity
Working towards a circular economy model by improving operations, business models, and material efficiency
Net-zero
Commitment to measuring and reducing greenhouse gas (GHG) impact along the entire value chain to reach net-zero emissions
Trade compliance
Complying with all applicable import and export control laws, regulations, sanctions, and embargoes
Human rights
Commitment to respecting internationally recognized human rights and labor standards
Diversity, equity, and inclusion
Promoting a work environment that embraces inclusion, equity, diversity, and well-being for all
Conflict of interest
Avoiding any conflict between private, economic, or personal interests and those of SKF
Governance
Efficient governance to ensure adherence to applicable rules and legislations
Fraudulent behavior
Zero tolerance for any type of fraudulent or dishonest behavior, including insider trading, faked or tampered declarations, certificates, and other relevant documents
Anti-corruption and ethical behavior
Zero tolerance for corruption, fraudulent or dishonest behavior, and ensuring transparency in transactions
Product safety
Designing, producing, and delivering products and solutions that are safe for their intended use
ESG (Environmental, Social, and Governance)
Criteria integrated into the corporate Code of Conduct to promote ethical operations, transparency, and accountability
Environmental sustainability
Striving to improve environmental performance by applying circular business models and focusing on ecological balance, resource, and energy efficiency
Fair business and competition
Conducting business with integrity and transparency, ensuring ethical marketing, and complying with fair trade, competition, and antitrust regulations
Health and safety
Offering safe and healthy workplaces for all employees, contractors, and visitors
Green steel
Striving to use steel produced with low or zero-carbon emission technology
Conflict minerals
Manufacturing products that are free from “conflict minerals” as defined by the Responsible Mining Initiative
Alcohol and drug use
Ensuring a safe and sober work environment and not tolerating the use of alcohol, illegal drugs, or substances when working at SKF
Environmental compliance
Complying with all applicable environmental legislations and continuously improving performance to minimize adverse environmental impact
Data privacy
Complying with applicable data privacy and information security legislation when processing personal data