Veidekke Construction AB Sustainability Profile
Veidekke Construction AB, a prominent player in the construction industry, is headquartered in Sweden (SE) and operates extensively across the Nordic region. Founded in 1936, the company has established itself as a leader in various sectors, including residential, commercial, and infrastructure development. Veidekke is renowned for its commitment to sustainability and innovation, offering a range of services from project management to civil engineering. Its unique approach integrates modern technology with traditional craftsmanship, ensuring high-quality outcomes. With a strong market position, Veidekke has achieved numerous accolades for its projects, reflecting its dedication to excellence and customer satisfaction. The company continues to shape the built environment while prioritising environmental responsibility and community engagement.
DitchCarbon Score
How does Veidekke Construction AB'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 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 Construction AB's score of 76 is lower 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 Construction AB, headquartered in Sweden (SE), currently does not report specific carbon emissions data, as no emissions figures are available. However, the company is part of a corporate family that includes Veidekke ASA, from which it inherits climate-related initiatives and commitments. Veidekke ASA has established various climate commitments, including participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). These initiatives aim to align their emissions reduction strategies with global climate goals. While specific reduction targets for Veidekke Construction AB are not detailed, the overarching commitments from Veidekke ASA suggest a proactive approach to managing and reducing carbon emissions across its operations. As a current subsidiary of Veidekke ASA, Veidekke Construction AB is expected to adhere to the sustainability practices and climate strategies set forth by its parent company, which include efforts to enhance transparency and accountability in emissions reporting. The absence of specific emissions data highlights the need for ongoing development in their climate strategy and reporting practices.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | - | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 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 |
How Carbon Intensive is Veidekke Construction AB's Industry?
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Veidekke Construction AB's Scope 3 Categories Breakdown
Veidekke Construction AB's Scope 3 emissions, which increased by 1% last year and decreased by approximately 31% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 62% of Scope 3 emissions.
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Veidekke Construction AB's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Veidekke Construction AB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
