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 76 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Veidekke's reported carbon emissions
In 2023, Veidekke ASA reported total carbon emissions of approximately 122,537,000 kg CO2e across all scopes. This includes 60,149,000 kg CO2e from Scope 1, 44,308,000 kg CO2e from Scope 2, and 122,537,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2045, using 2018 and 2020 as base years. Veidekke has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by 2030 from a 2018 base year. Additionally, it aims to cut Scope 3 emissions, which encompass purchased goods and services, fuel-and energy-related activities, and business travel, by 50% by 2030 from a 2020 base year. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by 2045 and a similar 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 is also focused on biogenic emissions and removals from bioenergy feedstocks as part of its reduction strategy.
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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 | 552,000,000 | 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 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.
