Veidekke
Veidekke ASA, headquartered in Norway, is a prominent player in the construction and property development industry. Founded in 1936, the company has established a strong presence across Scandinavia, with significant operations in Norway, Sweden, and Denmark. Veidekke is renowned for its diverse portfolio, which includes building construction, civil engineering, and asphalt production, setting it apart through a commitment to sustainability and innovation. With a focus on high-quality craftsmanship and customer satisfaction, Veidekke has achieved notable milestones, including recognition for its environmentally friendly practices and community engagement. As one of the largest construction companies in Norway, Veidekke continues to lead the market, driven by its core values of collaboration and responsibility, making it a trusted partner in the industry.
DitchCarbon Score
How does Veidekke'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
Veidekke's score of 81 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veidekke's reported carbon emissions
In 2023, Veidekke reported total carbon emissions of approximately 186,000,000 kg CO2e, comprising 60,149,000 kg CO2e from Scope 1, 44,308,000 kg CO2e from Scope 2, and a significant 122,537,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included substantial contributions from purchased goods and services (72,232,400 kg CO2e) and the use of sold products (71,528,000 kg CO2e). Veidekke has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2045. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by 2030 from a 2018 baseline, and to cut Scope 3 emissions by 50% by 2030 from a 2020 baseline. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by 2045, as well as a 90% reduction in Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and reflect Veidekke's commitment to sustainable practices within the construction and engineering sector. The company also pledges to eliminate deforestation linked to its primary commodities by December 2025, further enhancing its environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 907,033,000 | 000,000,000 | 000,000,000 | 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.
Veidekke 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.
