Skanska AB

Common Name
Skanska
Country
Sweden
Sector
Industrials
Industry
Engineering & Construction
Employees
25,929
Ticker
SKA B
Exchange
NASDAQ STOCKHOLM AB
Description
Skanska AB (publ) operates as a construction and project development company in the Nordics, Europe, and the United States. It operates through four segments: Construction, Residential Development, Co...

Skanska's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Skanska's Operational Emissions

In 2023, 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Skanska decreased by 8.59%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Skanska's Scope 1 Emissions Over Time

201820192020202120222023070 k140 k210 k280 ktCO2e-23%-9%+1%-15%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Skanska's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Skanska were 146,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Skanska reduced its Scope 1 emissions over time?

Since 2018, Skanska's Scope 1 emissions have decreased by 46.91%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Skanska's Scope 1 emissions decreased by 10.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Skanska's Scope 2 emissions?

In 2023, Skanska reported Scope 2 greenhouse gas (GHG) emissions of 16,000 tCOâ‚‚e using the market-based method, and 35,000 tCOâ‚‚e using the location-based method.

Has Skanska reduced its Scope 2 emissions over time?

Compared to the previous year (2022), 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.

What methodology does Skanska use for Scope 2 reporting?

In 2023, Skanska reported its Scope 2 emissions using the market-based method and using the location-based method.

Skanska's Scope 2 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Skanska's Value Chain Emissions

In 2023, Skanska reported 1,014,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Skanska's Scope 3 Emissions Over Time

20202021202220230500 k1 M1.5 M2 MtCO2e-12%-3%-39%
  • Total Scope 3
  • Year-over-Year Change

What are Skanska's Scope 3 emissions?

In 2023, Skanska reported total Scope 3 emissions of 1,014,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 75.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.26% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Skanska's Scope 3 emissions decreased by 38.62%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Skanska disclose?

In 2023, Skanska reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to Skanska's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 709,000 tCOâ‚‚e (69.92%)
  • Use of Sold Products (Cat. 11): 246,000 tCOâ‚‚e (24.26%)
  • Fuel- and Energy-Related Services (Cat. 3): 41,000 tCOâ‚‚e (4.04%)

Skanska's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(69.9%)Use of Sold Products(Cat. 11)(24.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(4.0%)

Insights into Skanska's Total Carbon Footprint

In 2023, Skanska reported a total carbon footprint of 1,195,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35.41% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Skanska's total carbon footprint was Scope 3 emissions, accounting for 84.85% of the company's total carbon footprint, followed by Scope 1 emissions at 12.22%.

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