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 50 is higher than 72% 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 2024, Peab reported total carbon emissions of approximately 1,117,000,000 kg CO2e, with Scope 1 emissions at about 176,000,000 kg CO2e, Scope 2 emissions at approximately 14,500,000 kg CO2e (market-based), and Scope 3 emissions reaching about 910,000,000 kg CO2e. In 2023, the company’s total emissions were approximately 936,000,000 kg CO2e, with Scope 1 at about 173,000,000 kg CO2e, Scope 2 at approximately 15,000,000 kg CO2e (market-based), and Scope 3 at about 900,000,000 kg CO2e. 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, the company has a long-term goal to achieve climate neutrality by 2045, aligning with the 1.5-degree target of the Paris Agreement. These targets reflect Peab's commitment to addressing climate change and reducing its overall carbon footprint, demonstrating a proactive approach in the construction and civil engineering sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 101,974,000 | 000,000,000 | 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 | 00,000,000 |
| Scope 3 | 14,109,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
