Peab
Peab AB, commonly referred to as Peab, is a leading construction and civil engineering company headquartered in Sweden (SE). Established in 1959, Peab has grown to become a prominent player in the Nordic construction industry, with significant operations across Sweden, Norway, and Finland. The company focuses on various sectors, including residential, commercial, and infrastructure projects, delivering innovative solutions that meet the evolving needs of its clients. Peab is renowned for its commitment to sustainability and quality, offering a range of services from project development to construction management. With a strong market position, Peab has achieved notable milestones, including numerous awards for its environmentally friendly practices and community engagement. The company's dedication to excellence and its extensive portfolio of successful projects solidify its reputation as a trusted partner in the construction sector.
DitchCarbon Score
How does Peab'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.
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.
Industry Benchmark
Peab's score of 49 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Peab's reported carbon emissions
In 2023, Peab reported total carbon emissions of approximately 173,000,000 kg CO2e for Scope 1, 15,000,000 kg CO2e for Scope 2, and 950,000,000 kg CO2e for Scope 3 emissions. This represents a decrease in Scope 1 emissions from 216,000,000 kg CO2e in 2022, while Scope 2 emissions slightly decreased from 16,000,000 kg CO2e. However, Scope 3 emissions saw a reduction from 1,100,000,000 kg CO2e in 2022. Peab has set ambitious climate commitments, aiming to reduce carbon dioxide intensity by at least 60% in its own operations (Scope 1 and 2) and by at least 50% for input goods and purchased services (Scope 3) by 2030, using 2015 as the baseline year. Furthermore, Peab's long-term goal is to achieve climate neutrality by 2045, aligning with the 1.5-degree target of the Paris Agreement. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Peab AB (publ).
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 101,974,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,806,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 14,109,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Peab is not participating in any of the initiatives that 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.
