Peab Oy Sustainability Profile
Peab Oy, a prominent player in the construction and civil engineering industry, is headquartered in Finland (FI) and operates extensively across the Nordic region. Founded in 1959, the company has established itself as a leader in various sectors, including residential, commercial, and infrastructure development. Peab Oy is renowned for its commitment to sustainability and innovation, offering a diverse range of services such as project management, construction, and property development. Its unique approach combines local expertise with a strong emphasis on environmental responsibility, setting it apart in a competitive market. With a solid reputation for quality and reliability, Peab Oy has achieved significant milestones, including numerous awards for excellence in construction. The company continues to strengthen its market position, contributing to the development of sustainable communities across Finland and beyond.
DitchCarbon Score
How does Peab Oy'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 Real Estate Services 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 Oy's score of 56 is higher than 73% 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 Oy, headquartered in Finland (FI), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Peab AB (publ), which may influence its climate commitments and reporting practices. While Peab Oy has not outlined specific reduction targets or initiatives, it is important to note that emissions data and climate strategies may be inherited from its parent company, Peab AB (publ). This relationship suggests that Peab Oy may align its climate commitments with those of Peab AB, which could include industry-standard practices and initiatives aimed at reducing carbon footprints. As of now, Peab Oy's climate commitments remain unspecified, and the company has not publicly disclosed any significant reduction targets or achievements. The lack of detailed emissions data highlights the need for transparency in corporate climate strategies, particularly in the construction and real estate sectors, where carbon emissions can be substantial. In summary, Peab Oy's current climate commitments and emissions data are not available, but the company may be influenced by the broader sustainability initiatives of its parent organisation, Peab AB (publ).
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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 |
How Carbon Intensive is Peab Oy's Industry?
How Carbon Intensive is Peab Oy's Location?
Peab Oy's Scope 3 Categories Breakdown
Peab Oy's Scope 3 emissions, which decreased by 4% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
Peab Oy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Peab Oy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
