Industrial B2B proves that purpose is not just for B2C businesses: many industrial brands with a pure B2B focus have high Purpose Index™ scores. These are often large, reliable companies that employ large numbers of people and make up large parts of national economies. They are cornerstones of societies and therefore matter to all citizens.
Explore more about purpose in industrial B2B and other industries in Purpose Index™ 2024.
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German Hilti and Swedish SKF are two examples of companies that have strived to build the foundations of a purposeful business: quality products and quality service, innovation and continuous improvements, as well as a strong commitment to reducing their environmental impact.
Hilti has a direct sales model that is fairly unique among tool makers. It has enabled them to interact directly with customers and create a stronger bond by securing direct customer feedback. The customer relationship gives them an edge in both creating the best products and getting their message out.
SKF is a true legacy brand of Swedish industrial manufacturing. Initially world famous for its patented quality products, it has today evolved to a modern industrial leader with focus on creating good working environments for its workers and limiting its environmental impact. SKF recently transitioned to 100% renewable electricity in both Canada and the US. And it still pushes innovation and new, quality products.
About Hilti
Hilti is a global professional construction tools manufacturer and service provider based in Lichtenstein.
About SKF
SKF is a global industrial manufacturing company founded in Sweden, focused on bearings, seals and related services.
Read about how purpose works in different industries and learn about its verified business impact in Purpose Index™ 2024.
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For our Global 2024 report, we’ve surveyed the general public about 550 companies around the world. Get in touch to book a walkthrough of the results for your company, or to hear about findings for an industry or geographic market.