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Net-zero carbon emissions to 2045

Skanska strives to increase the demand for climate-smart solutions and seeks out partnerships for innovation within sustainability.

Skanska supports the Paris Agreement and seeks to reduce carbon emissions from the Group’s operations. Skanska provides sustainable solutions and propositions to help customers, communities, investors and other stakeholders to fulfil their climate ambitions.

Skanska has set a Group target of achieving net-zero carbon emissions by 2045, within the whole value chain1. The value chain includes suppliers, subcontractors and those connected to the use phase of the buildings and infrastructure that Skanska creates.

The target will be guiding in Skanska’s work on reuducing the climate impact from its business. Close cooperation with suppliers and customers is necessary to decrease emissions in the value chain.

Changing market demands

Skanska expects the market demands for low-carbon solutions to increase over the coming years. In all Skanska’s markets, changes in policies are expected wit the aim of reducing carbon emissions. These may include carbon targets, national and regional regulations, carbon reduction requirements in public procurement and changes to building standards.

To be in the forefront of offering low-carbon solutions creates business opportunities for Skanska and is a way to being prepared for the expected market conditions resulting from new regulations and taxation.

Carbon emissions in Skanska’s value chain

The carbon emissions in Skanska’s value chain originate from the supply chain, the construction operations and the operational phase. A large part of the carbon emissions originate from the production of materials.

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Supply chain, Construction operations and Operational phase
1Carbon in this context means all greenhouse gases, i.e. carbon dioxide equivalents (CO2e)

Creating a sustainable future

“In 2019, Skanska set a target of achieving net-zero carbon emissions by 2045, including our value chain. This is essential for supporting the Paris Agreement and for innovating climate-smart customer solutions.” says Anders Danielsson, President and CEO.