SKF stock highlights energy efficiency push ahead of COP31
Published on 11/09/2026 at 11:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSKF advances efficiency and circularity
- SKF is presenting magnetic bearings, condition monitoring and oil regeneration at COP31.
- The company estimates that magnetic bearing-equipped chillers commissioned in 2030 could avoid 3.4 million tonnes of CO2e over their lifetime.
- SKF will join the Energy Efficiency Movement and continues preparing the Vertevo automotive separation for key November and December milestones.
SKF is putting energy efficiency and circularity at the centre of its COP31 presence. In a press release dated Thursday, November 5, 2026, the Swedish bearing manufacturer said it would present technologies designed to reduce energy use, extend industrial asset life and limit material waste. The company named magnetic bearings, condition monitoring, oil regeneration, remanufacturing and additive manufacturing among the solutions on display.
SKF said more than 20% of global energy is lost overcoming friction. CFO and CSO Susanne Larsson argued that the company already has products that can improve efficiency, resilience, circularity and uptime, while the commercial opportunity lies in taking those solutions to more customers.
Data-centre cooling adds growth potential
The announcement puts data-centre infrastructure on the investor agenda. SKF said demand for artificial intelligence is increasing the need for efficient cooling as well as computing capacity. Its magnetic bearings operate without physical contact, which reduces friction and mechanical wear in cooling systems.
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 lifetime. The estimate is based on International Energy Agency scenarios and SKF's business projections, so it represents a company calculation rather than a reported historical result.
The company will also highlight SKF Insight bearings for condition monitoring, RecondOil for extending the use of industrial oil, and remanufacturing services that restore bearings instead of replacing them. SKF Infinium uses additive manufacturing to support the renewal of large bearings. Together, the portfolio links sustainability claims with reliability, operating costs and asset availability.
Separation remains the next catalyst
SKF said it is joining the Energy Efficiency Movement, a global network promoting the adoption of energy-efficiency solutions. The COP31 programme therefore supports the group's positioning in industrial technology, but it does not change the timetable for the automotive separation. SKF Vertevo is expected to hold its Capital Markets Day on November 17 and to be listed on Nasdaq Stockholm on December 1, according to SKF's investor information.
SKF stock traded at 24.89 euros on Lang & Schwarz at 11:06 CET on Monday, November 9, 2026; the real-time quote of SKF stock is available for investors.
SKF at a glance
- Company: Aktiebolaget SKF
- ISIN: SE0000108227
- Business: Bearings, seals, lubrication systems, condition monitoring solutions and services
- Lang & Schwarz quote: 24.89 euros at 11:06 CET on November 9, 2026
Swedish equities are covered in the OMXS30 market environment.
Investors will next focus on the Vertevo Capital Markets Day and the planned listing, while SKF's COP31 programme offers a route to connect industrial efficiency with demand from data centres and other energy-intensive customers.
