Our approach
Our long-term target is to achieve net-zero carbon emissions in our own operations and in the value chain by 2045. The interim target for Skanska’s own operations (scope 1 and 2) is to reduce carbon emissions by 70 percent by 2030 compared to 2015. The interim target for the project development operations is to reduce carbon emissions in the value chain (scope 3) by 50 percent compared to 2020. The interim targets have been approved by the Science Based Target initiative (SBTi) on the 1.5°C trajectory.
To reduce emissions in the value chain and to achieve our climate targets we build partnerships for innovation. We participate to develop sustainability standards for buildings and infrastructure. Certification and measurement are important drivers to make sustainability a part of the customer offering. Third-party certifications of projects are a way to meet investor and customer expectations. For Skanska, the EU Taxonomy entails a potential foundation on which future sustainability performance and strategies can be set and measured. We make use of climate-based scenario analysis to identify and address potential business risks and opportunities associated both with a transition to a low-carbon economy and with the physical consequences of climate change.
Performance
We have measured and reported carbon emissions since 2008. We report carbon emissions according to the GHG Protocol. Performance is followed up quarterly by the Group Leadership Team and the Board of Directors (the Board).
In 2025, carbon emissions in our own operations, scope 1 and 2, were 65 percent lower than the benchmark year 2015. The carbon intensity has improved to 0.80 from 2.60.
The majority of our carbon emissions stem from the value chain, calculated as scope 3. These carbon emissions originate from purchased materials and the energy needed in the operational phase of our buildings’ lifetime.
