Skanska

Skanska, a construction company headquartered in Sweden, has set ambitious climate targets to reduce its environmental impact. For 2025, Skanska reported total emissions of approximately 1.32 billion kg CO2e. This figure is comprised of Scope 1 emissions at about 141 million kg CO2e, Scope 2 emissions at roughly 31 million kg CO2e (location-based), and Scope 3 emissions at approximately 1.18 billion kg CO2e.

Skanska is committed to reducing its carbon footprint, with a near-term goal of a 70% reduction in its own (Scope 1 and 2) greenhouse gas emissions by 2030, using 2015 as the base year. Additionally, the company aims to achieve net-zero carbon emissions across its value chain (Scope 1, 2, and 3) by 2045. For Scope 3 emissions specifically, from purchased goods and services, fuel and energy-related activities, waste generated in operations, business travel, and use of sold products, Skanska has a target of a 50% reduction by 2030 from a 2020 base year.

The company's emissions data for Scope 1, 2, and 3 have been disclosed for several years, showing a trend of reduction. For instance, total emissions were approximately 1.82 billion kg CO2e in 2024 and approximately 1.18 billion kg CO2e in 2023. Scope 1 emissions for 2023 were around 146 million kg CO2e, while Scope 2 (location-based) were approximately 35 million kg CO2e, and Scope 3 emissions stood at about 1.01 billion kg CO2e. In 2022, total emissions were approximately 1.85 billion kg CO2e, with Scope 1 at about 164 million kg CO2e, Scope 2 (location-based) at approximately 34 million kg CO2e, and Scope 3 at roughly 1.65 billion kg CO2e.

Skanska's climate commitments are aligned with Science Based Targets initiative (SBTi) standards, with near-term targets that are consistent with limiting warming to 1.5°C. The company has also committed to reducing absolute scopes 1 and 2 GHG emissions by 100% by 2045. Skanska UK has stated its intention to be net-zero emissions across all scopes by 2045.