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Veidekke ASA, commonly referred to as Veidekke, is a leading Norwegian construction company headquartered in Oslo, Norway. Established in 1936, the firm has grown to become one of Scandinavia’s most prominent players in the construction industry, with extensive operations across Norway, Sweden, and Denmark. Specialising in a broad range of construction work, Veidekke’s core services include building construction, civil engineering, and infrastructure projects, distinguished by their focus on sustainable and innovative solutions.
With a strong market position, Veidekke has earned a reputation for delivering high-quality projects that meet rigorous standards for safety and environmental responsibility. Its long-standing history and commitment to excellence have cemented its status as a key player in the construction sector, making it a trusted partner for complex development initiatives across the region.
+68 vs industry average
Veidekke’s score of 92 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Construction Work has above-average carbon intensity
The Construction Work industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Veidekke, a Norwegian construction company, reported total carbon emissions of approximately 961.4 million kg CO2e in 2025. This includes Scope 1 emissions of about 68.3 million kg CO2e, Scope 2 market-based emissions of approximately 42.2 million kg CO2e, and Scope 3 emissions of roughly 850.9 million kg CO2e. In 2024, their total emissions were around 1.127 billion kg CO2e.
Veidekke has set ambitious climate commitments. The company supports the UN's two-degree target and aims to reduce its own greenhouse gas emissions per unit of value added by 50% by 2030 and 90% by 2050, using 2013 as a baseline.
Veidekke ASA has Science Based Targets initiative (SBTi) approved targets:
2030
50.4% reduction in all scopes
Veidekke ASA commits to reduce absolute scope 1, 2 and 3 GHG emissions 50.4% by 2030 from a 2020 base year.
2030
30.3% reduction in Scope 1
Veidekke ASA commits to reduce absolute scope 1 and 3 FLAG GHG emissions 30.3% by 2030 from a 2020 base year.
2045
90% reduction in Scope 2
Veidekke ASA commits to reduce absolute scope 2 GHG emissions 90.0% by 2045 from a 2020 base year.
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Common questions about Veidekke’s sustainability data and climate commitments
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