Skanska

Construction & Engineering / Real Estate Development
SKA-B.ST
SEK 189 0.48
Share price
$ 7.4 bn
Market Cap
$ 7.5 bn
Enterprise Value

Carbon footprint

29 Ton
GHG emissions per $ 1 mln investment
0.85x the weighted average for S&P 500
FY2021
How is this calculated?
-19%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Skanska's GHG emissions (market-based) (Kt of CO2e)
Skanska's Carbon intensity (Tons per 1 USDm)

Skanska's carbon footprint

Skanska reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 216 Kt (-49 /-18.5% y-o-y). Also positively, carbon intensity was down at 13 t (-1.8 /-12.3% y-o-y).

Skanska's Scope 3 emissions decreased to 1,706 Kt (-239 /-12.3% y-o-y).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Skanska also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Skanska commits to reduce absolute scope 1 and 2 GHG emissions 70% by 2030 from a 2015 base year*. Skanska also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, waste generated in operations, business travel, and use of sold products 50% by 2030 from a 2020 base year. Furthermore, Skanska commits to reduce absolute scopes 1 and 2 GHG emissions 100% by 2045 from a 2015 base year*. Skanska commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, waste generated in operations, business travel, and use of sold products 90% by 2045 from a 2020 base year. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks.

Company environmental metrics

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