Public Profile

Veidekke

Veidekke ASA, headquartered in Norway, is a prominent player in the construction and property development industry. Founded in 1936, the company has established a strong presence across Scandinavia, with significant operations in Norway, Sweden, and Denmark. Veidekke is renowned for its diverse portfolio, which includes building construction, civil engineering, and asphalt production, setting it apart through a commitment to sustainability and innovation. With a focus on high-quality craftsmanship and customer satisfaction, Veidekke has achieved notable milestones, including recognition for its environmentally friendly practices and community engagement. As one of the largest construction companies in Norway, Veidekke continues to lead the market, driven by its core values of collaboration and responsibility, making it a trusted partner in the industry.

DitchCarbon Score

How does Veidekke's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

76

Industry Average

Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

3

Industry Benchmark

Veidekke's score of 76 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Veidekke's reported carbon emissions

In 2023, Veidekke ASA reported total greenhouse gas emissions of approximately 60,149,000 kg CO2e for Scope 1, 44,308,000 kg CO2e for Scope 2, and 122,537,000 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to sustainability within the construction sector. Veidekke has set ambitious climate targets, aiming for net-zero greenhouse gas emissions across its entire value chain by 2045, using 2018 and 2020 as base years. The company has committed to reducing absolute Scope 1 and 2 emissions by 50% by 2030 and 90% by 2045. Additionally, they plan to cut Scope 3 emissions, which include purchased goods and services, fuel and energy-related activities, and business travel, by 50% by 2030 and 90% by 2045. These targets align with the Science Based Targets initiative (SBTi) and include biogenic emissions and removals from bioenergy feedstocks. Veidekke's proactive approach to reducing its carbon footprint demonstrates its leadership in the construction industry and commitment to combating climate change.

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2020202120222023
Scope 1
-
00,000,000
00,000,000
00,000,000
Scope 2
-
00,000,000
00,000,000
00,000,000
Scope 3
552,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Veidekke's primary industry is Construction work (45), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Veidekke is headquartered in NO, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Veidekke is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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