Skanska Sustainability Profile
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 76 is higher than 87% 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 2024, Skanska reported total carbon emissions of approximately 1,340,000,000 kg CO2e, comprising 149,000,000 kg CO2e from Scope 1, 6,000,000 kg CO2e from market-based Scope 2, and a significant 1,219,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint, with a target of a 70% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2015 baseline. Additionally, Skanska aims for a 50% reduction in Scope 3 emissions by 2030, with a 2020 baseline. In 2023, Skanska's emissions were approximately 1,014,000,000 kg CO2e for Scope 3, alongside 146,000,000 kg CO2e for Scope 1 and 16,000,000 kg CO2e for market-based Scope 2. The company has set ambitious long-term goals, including achieving net-zero emissions across all scopes by 2045. Skanska's climate commitments are aligned with the Science Based Targets initiative (SBTi), which validates their targets as consistent with the reductions necessary to limit global warming to 1.5°C. The company has made significant strides in its sustainability efforts, demonstrating a proactive approach to addressing climate change within the construction and engineering sector.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Skanska's Industry?
How Carbon Intensive is Skanska's Location?
Skanska's Scope 3 Categories Breakdown
Skanska's Scope 3 emissions, which increased by 20% last year and decreased by approximately 37% since 2020, 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 "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.
Top Scope 3 Categories
Skanska'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.
Skanska has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Skanska's sustainability data and climate commitments