Skanska
Skanska AB, a leading global construction and development firm, is headquartered in Sweden (SE) and operates extensively across Europe and North America. Founded in 1887, Skanska has established itself as a key player in the construction industry, focusing on building and civil engineering, project development, and infrastructure services. The company is renowned for its commitment to sustainability and innovation, offering unique solutions in green building and infrastructure projects. Skanska's core services include commercial and residential construction, as well as public-private partnerships, which set it apart in a competitive market. With a strong emphasis on safety and quality, Skanska has achieved numerous accolades, solidifying its position as one of the largest construction firms globally. Its dedication to sustainable practices and community engagement further enhances its reputation as a responsible industry leader.
DitchCarbon Score
How does Skanska'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
Skanska's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Skanska's reported carbon emissions
In 2024, Skanska reported total carbon emissions of approximately 1,400,000,000 kg CO2e, comprising 149,000,000 kg CO2e from Scope 1, 32,000,000 kg CO2e from Scope 2, and about 1,219,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to significant reductions, with an interim target of 70% reduction in absolute Scope 1 and 2 emissions by 2030, using 2015 as the base year. Additionally, Skanska aims for a 50% reduction in Scope 3 emissions by 2030 from a 2020 base year. In 2023, Skanska's emissions were approximately 1,014,000,000 kg CO2e for Scope 3, 146,000,000 kg CO2e for Scope 1, and 35,000,000 kg CO2e for Scope 2. The company has set ambitious long-term goals, including a 100% reduction in Scope 1 and 2 emissions by 2045 and a 90% reduction in Scope 3 emissions by the same year. Skanska's climate strategy aligns with industry standards, focusing on reducing greenhouse gas emissions across all scopes, thereby contributing to global climate goals. The company is committed to transparency and accountability in its emissions reporting and reduction initiatives.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 322,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 43,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,945,000,000 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
Skanska 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.
