Veidekke

Veidekke's Carbon Emissions and Climate Commitments

In 2025, Veidekke reported a total of approximately 961,358,000 kg CO2e in greenhouse gas emissions. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions, with Scope 3 emissions representing the largest portion at approximately 850,883,000 kg CO2e. Purchased goods and services were the most significant contributor within Scope 3, accounting for roughly 574,866,000 kg CO2e. Scope 1 emissions totalled approximately 68,267,000 kg CO2e, while Scope 2 emissions (market-based) were around 42,209,000 kg CO2e.

Previously, in 2024, Veidekke's total emissions were approximately 1,126,632,000 kg CO2e, and in 2023, they stood at approximately 1,109,831,000 kg CO2e.

Veidekke is committed to significant emissions reductions, aligning with the UN's two-degree target. The company aims to reduce its greenhouse gas emissions per unit of value added by 50% by 2030 and by 90% by 2050, using 2013 as a baseline. Furthermore, Veidekke has set a near-term target to reduce absolute Scope 1, 2, and 3 GHG emissions by 50.4% by 2030, from a 2020 baseline. The company also has a long-term goal to achieve net-zero greenhouse gas emissions across its value chain by 2045, with specific long-term targets to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2045, and absolute Scope 3 GHG emissions by 90% within the same timeframe, also from a 2020 baseline.

These commitments are supported by Science Based Targets initiative (SBTi) validation, confirming that their targets are consistent with limiting global warming to 1.5°C.