Promoting good stakeholder relations is a top priority for Skanska. Stakeholders have a considerable impact on our business, presenting us with both opportunities and risks. Engaging with all legitemate stakeholders, even those who critise us, provide Skanska with new perspectives that can help us realise our Sustainability ambitions.
The Skanska Group has many stakeholders including:
- Business partners
- Local communities
- Non-governmental organisations (NGOs)
Different stakeholders exist depending on the particular level in Skanska where such relationships are important. Some of these are permanent while others are temporary. In general, these stakeholders reflect the nature of our decentralised business model:
|Level in |
|Typical scale |
in a year
|A few '00s|
|As above plus
|Project||Local||As above||The life of
* Skanska AB very occasionally has an ad hoc interaction with a national or international stakeholder initiated by an event lower down in the group, typically relating to a concern abount a project. In all cases the project and its owning Business Unit will be included in follow-up stakeholder dialogue as required by our Code of Conduct.
Most Skanska stakeholders are local with a specific and direct interest in one or more of our projects. Since we typically execute around 10,000 contracts annually, we have many thousands of stakeholder interactions each year at local level. Such interactions are typically led by the local Business Unit since our corporate governance model requires line management to take responsibility for all aspects of its business.
Our Code of Conduct states that we will engage in constructive dialogue with all legitimate stakeholders. This can take many forms including face-to-face interaction such as “town hall” meetings and one-to-one discussion, communication through different print formats and most recently via interactive Social Media. For example, many projects now publish regular Blogs to inform local communities of planned activities and to exchange comments relating to these.