Skanska AB

Common Name
Skanska
Country
Sweden
Sector
Industrials
Industry
Engineering & Construction
Employees
26,206
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 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Skanska’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 Skanska’s data sources below and access millions more through our Disclosure Search.

a. Skanska's Annual Report 2024
a. Skanska's Annual Report 2024
b. Skanska's Annual Report 2022
b. Skanska's Annual Report 2022

Insights into Skanska's Operational Emissions

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

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Skanska's Scope 1 Emissions Over Time

2018201920202021202220232024070 k140 k210 k280 ktCO2e-23%-9%+1%-15%-11%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Skanska's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Skanska were 149,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Skanska reduced its Scope 1 emissions over time?

Since 2018, Skanska's Scope 1 emissions have decreased by 45.82%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

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

What are Skanska's Scope 2 emissions?

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

Has Skanska reduced its Scope 2 emissions over time?

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

What methodology does Skanska use for Scope 2 reporting?

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

Skanska's Scope 2 Emissions Over Time

2018201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Skanska's Value Chain Emissions

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

Skanska's Scope 3 Emissions Over Time

202020212022202320240500 k1 M1.5 M2 MtCO2e-12%-3%-39%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Skanska's Scope 3 emissions?

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

What categories of Scope 3 emissions does Skanska disclose?

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.

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

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

  • Purchased Goods and Services (Cat. 1): 775,000 tCO₂e (63.63%)
  • Use of Sold Products (Cat. 11): 380,000 tCO₂e (31.2%)
  • Fuel- and Energy-Related Services (Cat. 3): 46,000 tCO₂e (3.78%)

Skanska's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(3.8%)Use of Sold Products(Cat. 11)(31.2%)Purchased Goods andServices (Cat. 1)(63.6%)

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

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

Skanska's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,000500,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)Nordisk BergteknikYear: 2024Scope 1: 22,498 tCO2eRevenue: $M 300Scope 1 Intensity: 75.01 tCO2e/$MNCCYear: 2023Scope 1: 126,000 tCO2eRevenue: $M 5,643Scope 1 Intensity: 22.33 tCO2e/$MAssa AbloyYear: 2024Scope 1: 85,476 tCO2eRevenue: $M 13,626Scope 1 Intensity: 6.27 tCO2e/$MTrelleborgYear: 2024Scope 1: 34,424 tCO2eRevenue: $M 3,101Scope 1 Intensity: 11.10 tCO2e/$MBeijer RefYear: 2024Scope 1: 20,888 tCO2eRevenue: $M 3,236Scope 1 Intensity: 6.45 tCO2e/$MSaabYear: 2024Scope 1: 15,988 tCO2eRevenue: $M 5,785Scope 1 Intensity: 2.76 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MNetel HoldingYear: 2024Scope 1: 3,685 tCO2eRevenue: $M 298Scope 1 Intensity: 12.37 tCO2e/$MAlfa LavalYear: 2024Scope 1: 16,113 tCO2eRevenue: $M 6,076Scope 1 Intensity: 2.65 tCO2e/$MEpirocYear: 2024Scope 1: 30,000 tCO2eRevenue: $M 5,772Scope 1 Intensity: 5.20 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MSwecoYear: 2024Scope 1: 7,776 tCO2eRevenue: $M 2,784Scope 1 Intensity: 2.79 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MRejlersYear: 2024Scope 1: 316 tCO2eRevenue: $M 402Scope 1 Intensity: 0.79 tCO2e/$MElectrolux ProfessionalYear: 2023Scope 1: 2,000 tCO2eRevenue: $M 1,174Scope 1 Intensity: 1.70 tCO2e/$MSdiptechYear: 2024Scope 1: 4,974 tCO2eRevenue: $M 469Scope 1 Intensity: 10.61 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$MSKFYear: 2024Scope 1: 45,853 tCO2eRevenue: $M 8,958Scope 1 Intensity: 5.12 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MMunters GroupYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,402Scope 1 Intensity: 5.71 tCO2e/$MPeabYear: 2022Scope 1: 216,000 tCO2eRevenue: $M 5,937Scope 1 Intensity: 36.38 tCO2e/$MProfilgruppenYear: 2024Scope 1: 2,180 tCO2eRevenue: $M 206Scope 1 Intensity: 10.57 tCO2e/$MVolvoYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 47,805Scope 1 Intensity: 4.37 tCO2e/$MSkanskaYear: 2024Scope 1: 149,000 tCO2eRevenue: $M 16,015Scope 1 Intensity: 9.30 tCO2e/$M

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

In 2024, Skanska reported a Scope 1 emissions intensity of 9.3 tCO₂e per millions USD. Compared to the peer group median of 5.9 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, Skanska ranked 17 out of 23 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

Insights into Skanska's Total Carbon Footprint

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

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