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Peab AB

Common Name
Peab
Country
Sweden
Sector
Industrials
Industry
Engineering & Construction
Employees
13,000
Ticker
PEAB B
Exchange
NASDAQ STOCKHOLM AB
Description
Peab AB (publ) operates as a construction and civil engineering company in Sweden, Norway, Finland, Denmark, and internationally. It operates through Construction, Civil Engineering, Industry, and Pro...

Peab's GHG Emissions Data Preview

In 2024, Peab completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Peab has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Peab’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Peab’s data sources below and access millions more through our Disclosure Search.

a. Peab's Annual Report 2024
a. Peab's Annual Report 2024
b. Peab's Annual Report 2023
b. Peab's Annual Report 2023

Insights into Peab's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofPeab amounted to180,500metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Peabincreased by 0.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Peab's Scope 1 Emissions Over Time

2021202220232024055 k110 k165 k220 ktCO2e0%-20%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Peab's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Peab were 176,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Peab reduced its Scope 1 emissions over time?

Since 2021, Peab's Scope 1 emissions have decreased by 18.14%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Peab's Scope 1 emissions increased by 1.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Peab's Scope 2 emissions?

In 2024, Peab reported Scope 2 greenhouse gas (GHG) emissions of 14,500 tCOâ‚‚e using the market-based method and 4,500 tCOâ‚‚e using the location-based method.a

Has Peab reduced its Scope 2 emissions over time?

Since 2021, Peab's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 43.75%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Peab's Scope 2 emissions(Location-Based) fell by 25% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Peab use for Scope 2 reporting?

In 2024, Peab reported its Scope 2 emissions using the market-based method and using the location-based method.a

Peab's Scope 2 Emissions Over Time

202120222023202404.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Peab's Value Chain Emissions

In 2024, Peab reported 909,944 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Peab includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Peab's Scope 3 Emissions Over Time

20212022202320240300 k600 k900 k1.2 MtCO2e0%-15%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Peab's Scope 3 emissions?

In 2024, Peab reported total Scope 3 emissions of 909,944 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Peab reduced its Scope 3 emissions over time?

Since 2021, Peab's Scope 3 emissionshave decreased by 17.28%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Peab's Scope 3 emissions remained relatively stable, indicating that Peab's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Peab disclose?

In 2024, Peab reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Peab's Scope 3 emissions?

In 2024, the largest contributors to Peab's Scope 3 emissions were:a

  • Waste Generated in Operations (Cat. 5): 63,000 tCOâ‚‚e(97.76%)
  • Business Travel (Cat. 6): 1,444 tCOâ‚‚e(2.24%)

Peab's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(2.2%)Waste Generated inOperations (Cat. 5)(97.8%)

Insights into Peab’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Peab reported Scope 1 greenhouse gas (GHG) emissions of 176,000 tCOâ‚‚e and total revenues of USD 5,561 millions. This translates into an emissions intensity of 31.65 tCOâ‚‚e per millions USD.a

Peab's Scope 1 Emissions Intensity Compared to Peers

1001,00010,00050,000500,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)Nordisk BergteknikYear: 2024Scope 1: 22,498 tCO2eRevenue: $M 300Scope 1 Intensity: 75.01 tCO2e/$MNCC ABYear: 2024Scope 1: 113,000 tCO2eRevenue: $M 5,591Scope 1 Intensity: 20.21 tCO2e/$MBeijer AlmaYear: 2024Scope 1: 3,904 tCO2eRevenue: $M 654Scope 1 Intensity: 5.97 tCO2e/$ML E LundbergforetagenYear: 2024Scope 1: 61,657 tCO2eRevenue: $M 2,847Scope 1 Intensity: 21.66 tCO2e/$MTrelleborgYear: 2024Scope 1: 34,424 tCO2eRevenue: $M 3,101Scope 1 Intensity: 11.10 tCO2e/$MBeijer RefYear: 2024Scope 1: 20,888 tCO2eRevenue: $M 3,236Scope 1 Intensity: 6.45 tCO2e/$MLoomisYear: 2024Scope 1: 130,129 tCO2eRevenue: $M 2,762Scope 1 Intensity: 47.11 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MIndutradeYear: 2024Scope 1: 12,445 tCO2eRevenue: $M 2,953Scope 1 Intensity: 4.21 tCO2e/$MStorskogen GroupYear: 2024Scope 1: 36,560 tCO2eRevenue: $M 3,102Scope 1 Intensity: 11.79 tCO2e/$MAddtechYear: 2025Scope 1: 2,637 tCO2eRevenue: $M 2,169Scope 1 Intensity: 1.22 tCO2e/$MNetel HoldingYear: 2024Scope 1: 3,685 tCO2eRevenue: $M 298Scope 1 Intensity: 12.37 tCO2e/$MLifcoYear: 2024Scope 1: 8,330 tCO2eRevenue: $M 2,372Scope 1 Intensity: 3.51 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MSwecoYear: 2024Scope 1: 7,776 tCO2eRevenue: $M 2,784Scope 1 Intensity: 2.79 tCO2e/$MSkanskaYear: 2024Scope 1: 149,000 tCO2eRevenue: $M 16,015Scope 1 Intensity: 9.30 tCO2e/$MNorva24 GroupYear: 2024Scope 1: 27,148 tCO2eRevenue: $M 320Scope 1 Intensity: 84.77 tCO2e/$MInvestment AB LatourYear: 2024Scope 1: 11,798 tCO2eRevenue: $M 2,349Scope 1 Intensity: 5.02 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MSecuritasYear: 2024Scope 1: 119,062 tCO2eRevenue: $M 14,693Scope 1 Intensity: 8.10 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MMunters GroupYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,402Scope 1 Intensity: 5.71 tCO2e/$MRatosYear: 2024Scope 1: 14,848 tCO2eRevenue: $M 2,915Scope 1 Intensity: 5.09 tCO2e/$MVestumYear: 2024Scope 1: 4,350 tCO2eRevenue: $M 385Scope 1 Intensity: 11.29 tCO2e/$MSandvikYear: 2024Scope 1: 81,000 tCO2eRevenue: $M 11,150Scope 1 Intensity: 7.26 tCO2e/$MPeabYear: 2024Scope 1: 176,000 tCO2eRevenue: $M 5,561Scope 1 Intensity: 31.65 tCO2e/$M

How does Peab's GHG emissions intensity compare to its peers?

In 2024, Peab reported a Scope 1 emissions intensity of 31.65 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Peab rank on GHG emissions intensity within its industry?

In 2024, Peab ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Peab among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Peab's Total Carbon Footprint

In 2024, Peab reported a total carbon footprint of 1,090,444 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.2% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Peab's total carbon footprint was Scope 3 emissions, accounting for 83.45% of the company's total carbon footprint, followed by Scope 1 emissions at 16.14%.a

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