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 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.
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Veidekke's reported carbon emissions
In 2024, Veidekke reported total carbon emissions of approximately 1,114,630,000 kg CO2e, with Scope 1 emissions at about 57,898,000 kg CO2e, Scope 2 emissions at approximately 53,532,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,003,199,000 kg CO2e. This reflects a slight increase from 2023, where total emissions were about 1,101,591,000 kg CO2e, with Scope 1 at 60,701,000 kg CO2e and Scope 2 at 44,308,000 kg CO2e (market-based). Veidekke has set ambitious climate commitments, aiming to reduce its greenhouse gas emissions by 50% by 2030 and 90% by 2050, using 2013 as a baseline for Scope 1 emissions. Additionally, the company has committed to achieving net-zero emissions across its value chain by 2045. Near-term targets include a 50.4% reduction in absolute Scope 1, 2, and 3 emissions by 2030 from a 2020 base year, with specific commitments to no deforestation in its supply chain by December 2025. The company is also piloting a zero-emissions construction site project at Ruseløkka school in Oslo, which is part of its broader strategy to enhance sustainability in its operations. These initiatives align with industry standards and reflect Veidekke's commitment to addressing climate change effectively.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 107,498,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,785,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
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.
