SKF AB (Sweden; Stockholm: SKFB) said it has again achieved the requirements to remain in the FTSE4Good Index. This is SKF's ninth year in FTSE4Good.

FTSE4Good is a financial index, created by FTSE Group (an independent company jointly owned by The Financial Times and the London Stock Exchange). The index was designed to help investors identify publicly traded companies that meet globally recognized standards of corporate responsibility.

The criteria evolve year-to-year, requiring continuous improvement in corporate responsibility practices. The FTSE's Responsible Investment Unit works with any FTSE4Good companies affected when new criteria are adopted, in an effort to help them maintain compliance.

For example, 16 companies were removed from the index in 2009 for failure to meet 5251R9N7 criteria for environmental issues, commitment to fight climate change, address human and labor rights issues, and/or countering bribery. Also in 2009, 23 companies were added to the Index.

Companies may also fail FTSE4Good by withholding important information. A key objective of FTSE4Good is to encourage companies to fully, objectively, and transparently disclose information that relates to the FTSE4Good criteria.

Tom Johnstone, SKF's President and CEO, said: "We are very happy to once again be included in the FTSE4Good Index. Our organization is committed to daily exercising care for our business, the environment, our employees, and for the communities where we operate. We call this SKF Care and it is our guiding light for securing long-term sustainable success."