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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Peab amounted to 180,500 metric 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 Peab increased by 0.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Peab were 176,000 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Peab reported Scope 2 greenhouse gas (GHG) emissions of 14,500 tCO₂e using the market-based method and 4,500 tCO₂e using the location-based method.a
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
In 2024, Peab reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Peab reported 909,944 metric tons of CO₂ equivalent (tCO₂e) 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 2 of 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
In 2024, Peab reported total Scope 3 emissions of 909,944 metric tons of CO₂ equivalent (tCO₂e).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
Since 2021, Peab's Scope 3 emissions have 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
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.
In 2024, the largest contributors to Peab's Scope 3 emissions were:a
In 2024, Peab reported Scope 1 greenhouse gas (GHG) emissions of 176,000 tCO₂e and total revenues of USD 5,561 millions. This translates into an emissions intensity of 31.65 tCO₂e per millions USD.a
In 2024, Peab reported a Scope 1 emissions intensity of 31.65 tCO₂e 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
In 2024, Peab ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Peab among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Peab reported a total carbon footprint of 1,090,444 metric tons of CO₂ equivalent (tCO₂e) 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