Public Profile

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.

49

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.

20

Industry Benchmark

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.

99%

Peab's reported carbon emissions

In 2023, Peab reported total carbon emissions of approximately 950,000,000 kg CO2e, with emissions distributed across various scopes: 173,000,000 kg CO2e from Scope 1, 15,000,000 kg CO2e from Scope 2, and 950,000,000 kg CO2e from Scope 3. This reflects a commitment to transparency in their carbon footprint, which has been consistently reported across all scopes since 2018. Peab has set ambitious climate targets, aiming for a 60% reduction in greenhouse gas (GHG) intensity in their own operations (Scope 1 and 2) by 2030, using 2015 as the base year. Additionally, they aim for a 50% reduction in Scope 3 emissions by the same year. Their long-term goal is to achieve climate neutrality by 2045, aligning with the 1.5-degree target of the Paris Agreement. These commitments highlight Peab's proactive approach to addressing climate change and reducing their overall carbon emissions, demonstrating their dedication to sustainable practices within the construction industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Peab'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. Peab is headquartered in SE, 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

Was this information valuable to you?

Similar Organizations

Yit

FI
Construction work (45)
Updated 4 days ago

ALM Equity

SE
Real estate services (70)
Updated 4 days ago

AF Gruppen

NO
Construction work (45)
Updated 26 days ago

Ediliziacrobatica Spa

IT
Electricity nec
Updated 4 days ago

TUVE BYGG AB

SE
Construction work (45)
Updated 26 days ago

Fluor

US
Construction work (45)
Updated 12 minutes ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers