Veidekke
Veidekke ASA, commonly referred to as Veidekke, is a prominent construction and property development company headquartered in Sweden. Established in 1936, Veidekke has grown to become one of the largest construction firms in Scandinavia, with significant operations across Sweden, Norway, and Denmark. The company operates primarily in the construction, civil engineering, and property development sectors, offering a diverse range of services that include building residential and commercial properties, infrastructure projects, and road construction. Veidekke is renowned for its commitment to sustainability and innovation, integrating eco-friendly practices into its projects. With a strong market position, Veidekke has achieved numerous accolades for its quality and safety standards, making it a trusted name in the industry. Its focus on collaboration and customer satisfaction further distinguishes it in the competitive construction landscape.
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 9 is higher than 87% 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 reported significant carbon emissions totalling approximately 1,036,000,000 kg CO2e. This figure includes about 62,000,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and another 62,000,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, approximately 958,000,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Currently, Veidekke has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined targets suggests that while the company is aware of its carbon footprint, it may still be in the early stages of formalising its climate commitments. As the construction and real estate industry faces increasing pressure to reduce emissions, Veidekke's future strategies will be crucial in addressing its substantial carbon impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | |
|---|---|
| Scope 1 | 62,000,000 |
| Scope 2 | 62,000,000 |
| Scope 3 | 958,000,000 |
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 not committed to any 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.
