Public Profile

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.

53

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.

8

Industry Benchmark

Skanska's score of 53 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%

Skanska's reported carbon emissions

In 2023, Skanska reported total carbon emissions of approximately 1,400,000 kg CO2e, comprising 146,000,000 kg CO2e from Scope 1, 16,000,000 kg CO2e from Scope 2, and 1,014,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to significant reductions in greenhouse gas emissions across all scopes. Skanska has set ambitious targets to reduce its carbon footprint. The company aims to achieve a 70% reduction in absolute Scope 1 and 2 emissions by 2030, using 2015 as the base year. Additionally, it plans to cut Scope 3 emissions—covering purchased goods and services, fuel and energy-related activities, waste generated in operations, business travel, and use of sold products—by 50% by 2030, with a 2020 base year. Long-term goals include a 100% reduction in Scope 1 and 2 emissions by 2045 and a 90% reduction in Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Skanska's commitment to sustainability reflects its proactive approach to addressing climate change within the construction and engineering sector.

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Add to project
201520162017201820192020202120222023
Scope 1
322,000,000
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
80,000,000
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
-
-
-
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Skanska'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. Skanska 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.

Skanska is committed to some 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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