In 2025, Veidekke 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).
Veidekke has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 72,126a | 72,490a | 68,941a | |
Total Scope 2 | ||||
Market-Based | 42,209a | 53,532a | 44,308a | |
Location-Based | 768a | 1,278b | 1,646a | |
Total Scope 3 | 919,938a | 1,049,737a | 996,582a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 16.8356a | 19.8521a | 16.2257a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Veidekke amounted to 72,894 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 2024, the total operational greenhouse gas (GHG) emissions of Veidekke decreased by 1.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2025, the total Scope 1 emissions of Veidekke were 72,126 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Veidekke's Scope 1 emissions have decreased by 35.31%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Veidekke's Scope 1 emissions remained relatively stable, indicating that Veidekke's emissions have plateaued with no significant change in its operational footprint.a
In 2025, Veidekke reported Scope 2 greenhouse gas (GHG) emissions of 42,209 tCO₂e using the market-based method and 768 tCO₂e using the location-based method.a
Since 2020, Veidekke's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 76.97%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), Veidekke's Scope 2 emissions (Location-Based) fell by 39.91% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2025, Veidekke reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Veidekke reported 919,938 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 2025 disclosure of Veidekke includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Veidekke reported total Scope 3 emissions of 919,938 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 77.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.48% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Veidekke's Scope 3 emissions have decreased by 40.62%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), Veidekke's Scope 3 emissions decreased by 12.36%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2025, Veidekke reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2025, the largest contributors to Veidekke's Scope 3 emissions were:a
In 2025, Veidekke reported Scope 1 greenhouse gas (GHG) emissions of 72,126 tCO₂e and total revenues of USD 4,284 millions. This translates into an emissions intensity of 16.84 tCO₂e per millions USD.a
In 2025, Veidekke reported a Scope 1 emissions intensity of 16.84 tCO₂e per millions USD. Compared to the peer group median of 16.21, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Veidekke ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Veidekke is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Veidekke reported a total carbon footprint of 992,832 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.63% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Veidekke's total carbon footprint was Scope 3 emissions, accounting for 92.66% of the company's total carbon footprint, followed by Scope 1 emissions at 7.26%.a