Sweco AB (publ)

Common Name
Sweco
Country
Sweden
Sector
Industrials
Industry
Engineering & Construction
Employees
21,000
Ticker
SWEC B
Exchange
NASDAQ STOCKHOLM AB
Description
Sweco AB (publ) provides architecture and engineering consultancy services worldwide. The company operates through Buildings and Urban Areas; Water, Energy, and Industry; Transportation Infrastructure...

Sweco's GHG Emissions Data Preview

In 2024, Sweco 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).

Sweco has also provided a category-level breakdown for 8 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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b
0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Sweco’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 Sweco’s data sources below and access millions more through our Disclosure Search.

a. Sweco's Annual Report 2024
a. Sweco's Annual Report 2024
b. Sweco's Annual Report 2023
b. Sweco's Annual Report 2023

Insights into Sweco's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sweco amounted to 12,485 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 Sweco decreased by 11.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Sweco's Scope 1 Emissions Over Time

2020202120222023202403 k6 k9 k12 ktCO2e-34%+18%-5%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Sweco's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sweco were 7,776 metric tons of CO₂ equivalent (tCO₂e). a

Has Sweco reduced its Scope 1 emissions over time?

Since 2020, Sweco's Scope 1 emissions have decreased by 33.05%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Sweco's Scope 1 emissions decreased by 10.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Sweco's Scope 2 emissions?

In 2024, Sweco reported Scope 2 greenhouse gas (GHG) emissions of 5,004 tCO₂e using the market-based method and 4,709 tCO₂e using the location-based method. a

Has Sweco reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Sweco's Scope 2 emissions (Location-Based) fell by 12.68% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Sweco use for Scope 2 reporting?

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

Sweco's Scope 2 Emissions Over Time

2020202120222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sweco's Value Chain Emissions

In 2024, Sweco reported 57,344 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 Sweco includes a breakdown across 6 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

Sweco's Scope 3 Emissions Over Time

20202021202220232024015 k30 k45 k60 ktCO2e-70%+272%+4%+12%
  • Total Scope 3
  • Year-over-Year Change

What are Sweco's Scope 3 emissions?

In 2024, Sweco reported total Scope 3 emissions of 57,344 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

Has Sweco reduced its Scope 3 emissions over time?

Since 2020, Sweco's Scope 3 emissions have increased by 31.34%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Sweco's Scope 3 emissions increased by 11.74%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Sweco disclose?

In 2024, Sweco reported emissions for 6 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 Sweco's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 30,025 tCO₂e (52.36%)
  • Employee Commuting (Cat. 7): 9,619 tCO₂e (16.77%)
  • Business Travel (Cat. 6): 9,093 tCO₂e (15.86%)

Sweco's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(16.8%)Purchased Goods andServices (Cat. 1)(52.4%)Business Travel(Cat. 6)(15.9%)

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

In 2024, Sweco reported Scope 1 greenhouse gas (GHG) emissions of 7,776 tCO₂e and total revenues of USD 2,784 millions. This translates into an emissions intensity of 2.79 tCO₂e per millions USD. a

Sweco'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: $M 5,643Scope 1 Intensity: 22.33 tCO2e/$MBufabYear: 2023Scope 1: 2,132 tCO2eRevenue: $M 860Scope 1 Intensity: 2.48 tCO2e/$MCoorYear: 2024Scope 1: 2,196 tCO2eRevenue: $M 1,129Scope 1 Intensity: 1.95 tCO2e/$MLoomisYear: 2023Scope 1: 134,139 tCO2eRevenue: $M 2,845Scope 1 Intensity: 47.14 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MAddtechYear: 2025Scope 1: 2,637 tCO2eRevenue: $M 2,169Scope 1 Intensity: 1.22 tCO2e/$MNetel HoldingYear: 2024Scope 1: 3,685 tCO2eRevenue: $M 298Scope 1 Intensity: 12.37 tCO2e/$MLifcoYear: 2024Scope 1: 8,330 tCO2eRevenue: $M 2,372Scope 1 Intensity: 3.51 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MSkanskaYear: 2024Scope 1: 149,000 tCO2eRevenue: $M 16,015Scope 1 Intensity: 9.30 tCO2e/$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: $M 47,805Scope 1 Intensity: 4.37 tCO2e/$MNibe IndustrierYear: 2024Scope 1: 29,977 tCO2eRevenue: $M 3,677Scope 1 Intensity: 8.15 tCO2e/$MSwecoYear: 2024Scope 1: 7,776 tCO2eRevenue: $M 2,784Scope 1 Intensity: 2.79 tCO2e/$M

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

In 2024, Sweco reported a Scope 1 emissions intensity of 2.79 tCO₂e per millions USD. Compared to the peer group median of 5.9 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, Sweco ranked 7 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Sweco is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Sweco's Total Carbon Footprint

In 2024, Sweco reported a total carbon footprint of 69,829 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.74% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Sweco's total carbon footprint was Scope 3 emissions, accounting for 82.12% of the company's total carbon footprint, followed by Scope 1 emissions at 11.14%. a

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