Public Profile

Vestum

Vestum AB, headquartered in Sweden, is a prominent player in the construction and building materials industry. Founded in 2020, the company has rapidly established itself as a leader in the Nordic region, focusing on sustainable solutions and innovative construction practices. Specialising in a diverse range of services, including project management, construction, and renovation, Vestum is committed to delivering high-quality results that meet the evolving needs of its clients. The company’s unique approach combines advanced technology with a strong emphasis on sustainability, setting it apart in a competitive market. With a growing portfolio of successful projects and a reputation for excellence, Vestum continues to expand its influence across Sweden and beyond, positioning itself as a trusted partner in the construction sector.

DitchCarbon Score

How does Vestum'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.

34

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.

0

Industry Benchmark

Vestum's score of 34 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Vestum's reported carbon emissions

In 2023, Vestum reported total carbon emissions of approximately 80,980,000 kg CO2e, with emissions distributed across various scopes: 5,359,000 kg CO2e from Scope 1, 553,000 kg CO2e from Scope 2, and 80,980,000 kg CO2e from Scope 3. This marks a significant increase in emissions compared to previous years, where total emissions were about 20,800,000 kg CO2e in 2021 and approximately 9,470,000 kg CO2e in 2020. Vestum has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. The company is actively working towards this goal, having established a near-term target status of "Committed" under the Science Based Targets initiative (SBTi). This commitment encompasses all scopes of emissions, indicating a comprehensive approach to reducing its carbon footprint across its operations. The company is headquartered in Sweden and operates within the construction and engineering sector, which is known for its significant environmental impact. Vestum's ongoing efforts to address climate change reflect a growing recognition of the need for sustainable practices in the industry.

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Add to project
2020202120222023
Scope 1
-
-
00,000,000
0,000,000
Scope 2
-
-
00,000,000
000,000
Scope 3
-
-
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vestum's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Vestum is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

Vestum 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers