In 2024, Skanska 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).
Skanska has also provided a category-level breakdown for 5 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 Skanska amounted to 181,000 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
0In 2024, the total Scope 1 emissions of Skanska were 149,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Skanska's Scope 1 emissions have decreased by 30.05%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Skanska's Scope 1 emissions increased by 2.05%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Skanska reported Scope 2 greenhouse gas (GHG) emissions of 6,000 tCO₂e using the market-based method and 32,000 tCO₂e using the location-based method.a
Since 2019, Skanska's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.58%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Skanska's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Skanska's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Skanska reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Skanska reported 1,219,000 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 Skanska includes a breakdown across 5 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, Skanska reported total Scope 3 emissions of 1,219,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 68.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 31.2% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Skanska's Scope 3 emissions increased by 20.22%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Skanska reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Skanska's Scope 3 emissions were:a
In 2024, Skanska reported Scope 1 greenhouse gas (GHG) emissions of 149,000 tCO₂e and total revenues of USD 16,015 millions. This translates into an emissions intensity of 9.3 tCO₂e per millions USD.a
In 2024, Skanska reported a Scope 1 emissions intensity of 9.3 tCO₂e per millions USD. Compared to the peer group median of 8.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Skanska ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Skanska is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Skanska reported a total carbon footprint of 1,400,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.15% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Skanska's total carbon footprint was Scope 3 emissions, accounting for 87.07% of the company's total carbon footprint, followed by Scope 1 emissions at 10.64%.a