Materiality assessment

The materiality assessment shows the sustainability topics critical to Skanska's external and internal stakeholders.

Topics that matter

To further cement the Group's understanding of what should be the key focus areas in Skanska's sustainability strategy, structured conversations with a wide range of internal and external stakeholders were conducted in 2018.

These conversations were tailored around 18 relevant topics inspired by the United Nations Sustainable Development Goals, the UN Global Compact and the Global Reporting Initiative, alongside current industry trends and initiatives.

The outcomes of these interviews and an evaluation of Skanska's sustainability impacts enabled a further assessment of sustainability. This identified the most material sustainability topics that Skanska can positively influence. These have been grouped in accordance with Skanska's five sustainability focus areas: Safety, Ethics, Green, Community Investment and Diversity and Inclusion.

Measurement and reporting framework

The five sustainability focus areas are strengthened by their connection to the United Nations' Sustainable Development Goals (SDGs). The SDGs further direct Skanska's efforts to make the most significant positive contributions to society.

For the sustainability focus areas, Skanska has been securing a clear governance structure, and establishing appropriate key performance indicators and methods for follow-up. This work continued during 2018, to ensure all material sustainability topics are covered by a suitable measurement and reporting framework. It was also  the first year of reporting according to Global Reporting Initiative Standards at level Core.

Materiality assessment

Skanska´s sustainability report and sustain¬ability focus areas are based on an assess¬ment of the importance of the Group’s impact on sustainability topics according to key external and internal stakeholders. Skanska’s most material sustainability areas were determined during 2018 through a structured materiality assessment. The assessment shows that stakeholders consider Skanska to be a leader in sustain¬ability, but also clearly expect Skanska to enhance the Group’s leading position.

Notable changes from the materiality assessment presented in the 2017 sustain­ability report include a higher priority given to environment and climate, as well as sus­tainability throughout the supply chain.

Advancing further within sustainability is aligned with Skanska’s purpose – We build for a better society – and the Group’s ambition to be a leader in delivering sus¬tainable solutions to customers. The UN Sustainable Development Goals further direct the Skanska’s efforts to make the most significant positive contributions to society.
The most important stakeholder groups are:

  • Shareholders/investors/banks
  • Customers
  • Suppliers/subcontractors
  • Non-governmental organizations (NGOs)
  • Employees
  • Management 

Through the materiality assessment, the sustain­ability topics presented in the blue shaded area were identified as the most material to Skanska’s external and internal stakeholders

  • Bribery and corruption
  • Safe and healthy work environment
  • Anti-competitive behavior
  • Sustainable materials
  • Impact on climate change
  • Fair and decent employment
  • Responsible supply chain
  • Energy efficiency
  • Diversity, inclusiveness and non-discrimination
  • Sustainable industry
  • Waste management