SKF Receives Leadership Award for Sustainability

SKF has received the corporate 2010 Supplier Leadership Award for "Sustainability" from Johnson Controls. The award was presented at a first-ever "Excellence in Execution and Leadership" event hosted by Johnson Controls and coinciding with the company's 125^th anniversary. SKF was one of only 13 key global suppliers from a field of more than 6,000 worldwide to be honored for excellence and leadership in various categories.

"SKF is proud of our ongoing record of sustainability-related achievements and we highly value this outstanding recognition from Johnson Controls," said Tom Johnstone, president and CEO of SKF.  "Sustainability is one of the most important core values throughout our entire global organization."

In accepting the award in Milwaukee on behalf of SKF Group, Poul Jeppesen, president and CEO of SKF USA Inc., said, "As a supplier for Johnson Controls, we are delighted to receive this recognition of our ongoing dedication and commitment to sustainability. We value our partnership with Johnson Controls and look forward to further develop our cooperation."

The selection process for the award in the "Sustainability" category was rigorous.  A detailed questionnaire was developed by Johnson Controls to cover suppliers' ethics policies, labor conditions, carbon footprint, waste management and overall environmental impact.  Based on the questionnaire, Johnson Controls then created a "Sustainability Rating" to quantitatively measure results.  SKF ultimately was ranked "outstanding" and scored an impressive 81 points out of a possible 85.