Veidekke ASA
Veidekke's GHG Emissions Data Preview
In 2023, 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 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Veidekke’s Greenhouse Gas (GHG) Emissions Data
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Insights into Veidekke's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Veidekke amounted to 61,792 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 2022, the total operational greenhouse gas (GHG) emissions of Veidekke decreased by 9.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Veidekke's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Veidekke's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Veidekke were 60,149 metric tons of CO₂ equivalent (tCO₂e). a
Has Veidekke reduced its Scope 1 emissions over time?
Since 2018, Veidekke's Scope 1 emissions have decreased by 46.15%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Veidekke's Scope 1 emissions decreased by 10.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Veidekke's Scope 2 emissions?
In 2023, Veidekke reported Scope 2 greenhouse gas (GHG) emissions of 44,308 tCO₂e using the market-based method and 1,643 tCO₂e using the location-based method. a
Has Veidekke reduced its Scope 2 emissions over time?
Since 2018, Veidekke's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Veidekke 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Veidekke's Scope 2 emissions (Location-Based) rose by 16.86% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Veidekke use for Scope 2 reporting?
In 2023, Veidekke reported its Scope 2 emissions using the market-based method and using the location-based method. a
Veidekke's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Veidekke's Value Chain Emissions
In 2023, Veidekke reported 958,349 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 2023 disclosure of Veidekke includes a breakdown across 13 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. a
Veidekke's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Veidekke's Scope 3 emissions?
In 2023, Veidekke reported total Scope 3 emissions of 958,349 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 87.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.17% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Veidekke's Scope 3 emissions remained relatively stable, indicating that Veidekke 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Veidekke disclose?
In 2023, Veidekke reported emissions for 13 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.
What are the main sources of Veidekke's Scope 3 emissions?
In 2023, the largest contributors to Veidekke's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 722,324 tCO₂e (75.37%)
- Use of Sold Products (Cat. 11): 71,528 tCO₂e (7.46%)
- Upstream Transportation and Distribution (Cat. 4): 58,346 tCO₂e (6.09%)
Veidekke's Scope 3 Emissions by Categories
Insights into Veidekke’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Veidekke reported Scope 1 greenhouse gas (GHG) emissions of 60,149 tCO₂e and total revenues of USD 4,249 millions. This translates into an emissions intensity of 14.16 tCO₂e per millions USD. a
Veidekke's Scope 1 Emissions Intensity Compared to Peers
How does Veidekke's GHG emissions intensity compare to its peers?
In 2023, Veidekke reported a Scope 1 emissions intensity of 14.16 tCO₂e per millions USD. Compared to the peer group median of 5.44, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Veidekke rank on GHG emissions intensity within its industry?
In 2023, Veidekke ranked 14 out of 16 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Veidekke among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Veidekke's Total Carbon Footprint
In 2023, Veidekke reported a total carbon footprint of 1,020,141 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.4% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Veidekke's total carbon footprint was Scope 3 emissions, accounting for 93.94% of the company's total carbon footprint, followed by Scope 1 emissions at 5.9%. a