Fortune, a multinational business magazine, included 52 companies in its 2019 Change the World list, also including Apple, Patagonia, Philips and Lloyds Banking Group. Skanska was ranked 20th and is the only engineering/construction company on the list.
Fortune selected companies based on measurable social impact; how that impactful work creates shareholder value; the level of innovation of that work; and how integral the initiative is to a company’s overall strategy. The magazine assembled the list in partnership with the Shared Value Initiative, a global platform for organizations seeking business solutions to social challenges, and FSG, a nonprofit social-impact consulting firm.
This is Skanska’s first year on the global “Change the World” list, which began in 2015. In selecting us, Fortune cited our work upholding “strict standards for environmental sustainability” and highlighted the high levels of sustainability our consortium is delivering with the LaGuardia Airport Terminal B redevelopment in New York City.
“Building for a better society is fundamental to who we are at Skanska, and this prestigious recognition helps validate the important contributions we are making,” says Skanska CEO Anders Danielsson. “I am proud of the role of all our people in making it possible for Skanska to deliver on our purpose every day, enabling us to better support our customers, our communities and our shareholders.”
Says Lena Hök, Skanska Senior Vice President Sustainability: “Making Fortune’s ‘Change the World’ list is a great achievement. We’re able to achieve such recognition thanks to colleagues’ great engagement and dedicated work within all five of our sustainability focus areas, which tie directly into our business. Of course, what is most important is that we strive every day for good sustainable impact. For that, I am utterly thankful for the great commitment to our values and sustainability ambitions I see all around at Skanska. At the end of the day, it is what we do and the impact we have on the society and communities we work in that counts.”
View the entire “Change the World” list on this Fortune webpage.