Skanska
Skanska AB, a leading global construction and development firm, is headquartered in Sweden (SE) and operates extensively across Europe and North America. Founded in 1887, Skanska has established itself as a key player in the construction industry, focusing on building and civil engineering, project development, and infrastructure services. The company is renowned for its commitment to sustainability and innovation, offering unique solutions in green building and infrastructure projects. Skanska's core services include commercial and residential construction, as well as public-private partnerships, which set it apart in a competitive market. With a strong emphasis on safety and quality, Skanska has achieved numerous accolades, solidifying its position as one of the largest construction firms globally. Its dedication to sustainable practices and community engagement further enhances its reputation as a responsible industry leader.
DitchCarbon Score
How does Skanska'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
Skanska's score of 71 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Skanska's reported carbon emissions
In 2023, Skanska reported total carbon emissions of approximately 1,146,000,000 kg CO2e, comprising 146,000,000 kg CO2e from Scope 1, 16,000,000 kg CO2e from Scope 2 (market-based), and 1,014,000,000 kg CO2e from Scope 3 emissions. This reflects a significant portion of their overall emissions, with Scope 3 emissions being the largest contributor. Skanska has set ambitious climate commitments, aiming for a 70% reduction in absolute Scope 1 and 2 emissions by 2030, using 2015 as the base year. Additionally, they target a 50% reduction in Scope 3 emissions by 2030, with a base year of 2020. By 2045, Skanska aims for net-zero emissions across all scopes, with a 100% reduction in Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and demonstrate Skanska's commitment to addressing climate change within the construction and engineering sector. The company is on track to meet its interim targets, reflecting a proactive approach to sustainability and carbon management.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 305,986,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 110,866,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Skanska is participating in some of the initiatives that 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.
