Skanska AB
Skanska EU Taxonomy Data Preview
In 2024, Skanska was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Skanska has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Skanska are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Skanska's Revenues from Sustainable Activities
In 2024, Skanska reported EU Taxonomy-eligible revenues of SEK 160.97 billion, representing 91% of its total turnover. Of this amount, SEK 8.92 billion of Skanska's revenues was classified as EU Taxonomy-aligned, indicating that 5% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Skanska's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Skanska's revenues become more sustainable over time?
Since 2022, Skanska's taxonomy-aligned revenues increased by 150%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Skanska's taxonomy-aligned revenues decreased by 28.57% , suggesting that Skanska may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
How much of Skanska's revenue is eligible under the EU Taxonomy?
In 2024, Skanska reported that SEK 160.97 billion of its revenue was eligible under the EU Taxonomy, representing 91% of the company's total turnover. Of this amount, SEK 8.92 billion (5% of total revenue) was classified as Taxonomy-aligned. This means that 86% of Skanska's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of Skanska's eligible revenue is aligned with the EU Taxonomy?
In 2024, Skanska reported that SEK 8.92 billion of its revenue was aligned under the EU Taxonomy, representing 5% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
Skanska's Eligibility & Alignment Overview
Skanska's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Skanska's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Skanska reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 5%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Skanska earn from selling climate-related solutions ?
In 2024, Skanska reported that SEK 8.82 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 5% of the company's total revenue, indicating that Skanska has limited exposure on solutions that support climate action through its commercial activities.
Insights into Skanska's CAPEX from Sustainable Activities
In 2024, Skanska reported EU Taxonomy-eligible CAPEX of SEK 6.33 billion, representing 100% of its total CAPEX. Of this amount, SEK 854.00 million of Skanska's CAPEX was classified as EU Taxonomy-aligned, indicating that 13% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Skanska's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Skanska's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Skanska's taxonomy-aligned CAPEX decreased by 67.5%, suggesting that Skanska may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of Skanska's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Skanska reported that SEK 6.33 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 100% of the company's total CAPEX. Of this amount, SEK 854.00 million (13% of total CAPEX) was classified as Taxonomy-aligned. This means that 87% of Skanska's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Skanska's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Skanska reported that SEK 854.00 million of its CAPEX was aligned under the EU Taxonomy, representing 13% of its total capital investment.
This moderate level of alignment indicates that Skanska is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Skanska's Eligibility & Alignment Overview
Skanska's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Skanska's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Skanska reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 13%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Skanska is investing in climate-related solutions?
In 2024, Skanska allocated SEK 822.90 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 13% of the company's total capital expenditure, indicating that Skanska is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
Insights into Skanska's OPEX from Sustainable Activities
In 2024, Skanska reported EU Taxonomy-eligible OPEX of SEK 0, representing 0% of its total operating expenses (OPEX). Of this amount, SEK NaN of Skanska's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Skanska's Contribution to Environmental Objectives
How is Skanska's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Skanska reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
How much of Skanska's operational budget supports climate-related solutions?
In 2024, Skanska reported that 0% of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation), indicating that Skanska has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.