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.
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.
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.
Peab's score of 49 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Peab reported total carbon emissions of approximately 1,000,000,000 kg CO2e, with significant contributions from Scope 1 (173,000,000 kg CO2e), Scope 2 (15,000,000 kg CO2e), and Scope 3 (950,000,000 kg CO2e). The company has set ambitious climate commitments, aiming for climate neutrality by 2045, in line with the Paris Agreement's 1.5-degree target. Peab's near-term targets include reducing greenhouse gas (GHG) intensity by at least 60% in its own operations (Scope 1 and 2) and by at least 50% in Scope 3 emissions, both compared to a 2015 baseline by 2030. This commitment reflects a proactive approach to mitigating climate impact and enhancing sustainability within the construction industry.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 57,370,000 | 000,000,000 | 00,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 17,676,000 | 000,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
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 committed to any 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.