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European Climate Pact

Overview

Location

Sweden

Sector

Construction

Organisation type
Business

Company Information

Skanska AB is a multinational construction and development company headquartered in Stockholm, Sweden. In 2021, it reported more than 30,000 employees worldwide and a total revenue of 148 billion SEK.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Skanska AB has a target to reduce absolute scopes 1 and 2 CO2e emissions 100% by 2045 from a base year of 2015. Skanska AB has a target to reduce absolute scopes 1 and 2 CO2e emissions 70% by 2030 from a base year of 2015. Skanska AB has a target to reduce absolute scope 3 CO2e emissions 50% by 2030 from a base year of 2020

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (15/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emission-reduction through a company policy or behavioral change
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy consumption
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have an initiative in place to drive GHG emissions reduction through waste reduction and materials circularity
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (15/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Skanska AB have a publicly available 1.5°C aligned low-carbon transition plan

​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (15/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

​​​​​​​​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (15/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues​​​​​​​

​​​​​​​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (15/07/2022)

Data source: CDP Climate Change 2022