Serneke Sustainability Profile
Serneke Group AB, commonly known as Serneke, is a prominent construction and project development company headquartered in Sweden. Established in 2002, Serneke has rapidly expanded its operations across various regions, including Gothenburg, Stockholm, and Malmö, solidifying its presence in the Nordic construction market. Specialising in construction, civil engineering, and project development, Serneke is recognised for its innovative approach and commitment to sustainability. The company offers a diverse range of services, including residential and commercial building projects, infrastructure development, and property management, setting itself apart with a focus on quality and efficiency. With a strong market position, Serneke has achieved notable milestones, including several prestigious awards for its projects. The company continues to drive growth and excellence in the construction industry, making it a key player in shaping the built environment in Sweden and beyond.
DitchCarbon Score
How does Serneke'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
Serneke's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Serneke's reported carbon emissions
In 2023, Serneke reported total carbon emissions of approximately 814,000 kg CO2e from Scope 1, 184,000 kg CO2e from Scope 2 (market-based), and 1,590,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from upstream transportation and distribution, which accounted for about 4,054,000 kg CO2e. Comparatively, in 2022, the company’s emissions were higher, with Scope 1 emissions at approximately 1,604,000 kg CO2e, Scope 2 emissions at 427,000 kg CO2e (market-based), and Scope 3 emissions reaching about 786,000 kg CO2e. This indicates a notable reduction in emissions across all scopes from 2022 to 2023. Serneke's emissions data is cascaded from its parent company, Serneke Group AB (publ), reflecting a corporate family relationship. However, there are currently no specific reduction targets or climate pledges disclosed by Serneke, indicating a potential area for future commitment in line with industry standards for climate action. Overall, Serneke's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in the construction sector, where upstream activities can significantly impact overall carbon footprints.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,660,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 601,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 46,000 | 000,000 | 00,000 | 000,000 | 000,000 |
How Carbon Intensive is Serneke's Industry?
How Carbon Intensive is Serneke's Location?
Serneke's Scope 3 Categories Breakdown
Serneke's Scope 3 emissions, which decreased by 80% last year and increased by approximately 246% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 14% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 2550% of Scope 3 emissions.
Top Scope 3 Categories
Serneke'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.
Serneke 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.
