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.
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.
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.
Skanska's score of 56 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Skanska reported total carbon emissions of approximately 1,195,000,000 kg CO2e, comprising 146,000,000 kg CO2e from Scope 1, 35,000,000 kg CO2e from Scope 2, and 1,014,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint significantly. Skanska has set ambitious targets under the Science Based Targets initiative (SBTi), aiming for a 70% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2015 as the base year. Additionally, the company 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 achieving a 100% reduction in Scope 1 and 2 emissions by 2045 and a 90% reduction in Scope 3 emissions by the same year. These commitments position Skanska as a leader in the construction and engineering sector, aligning with global efforts to mitigate climate change and transition towards a sustainable future.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
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 | 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 | 00,000,000 |
Scope 3 | 1,945,000,000 | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.