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Founded in 1887, Skanska is a large construction and engineering company based in Stockholm, Sweden. The company’s business segments include construction, commercial property development, investment properties and residential development. Skanska is mainly focused in the Nordic region, including Denmark, Finland, Norway and Sweden, but also has activities in other European countries.
Summary
Skanska discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company reports progress in reducing its greenhouse gas emissions and meeting its energy efficiency targets. Additionally, Skanska has publicly committed to protecting personal data.
However, there are opportunities for Skanska to improve its performance in several areas. Alongside its declared workplace-related incidents, the company should report the number of incidents of discrimination reported and resolved. While Skanska has near-term targets to reduce scope 1 and 2 emissions that are approved by the Science Based Targets initiative (SBTi) and aligned with the 1.5°C trajectory, the company should also disclose long-term targets. The company publicly commits to respect human rights but should disclose its process to identify and mitigate its salient human rights risks.
Skanska’s reporting on regular noise monitoring and air quality parameters is limited. Furthermore, the company does not disclose how it determines living wages in the regions where it operates. Establishing a clear reporting process for wage determination can enhance Skanska’s alignment with international labour standards. By addressing these gaps, Skanska can strengthen its sustainability practices and ensure more equitable operations.
Ranking position
#87
/300
Total score
17.3
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
12.5
/100
Rank (0-300)
#89
Measurement area
Inclusive Cities
Score
# 1
16.7
/100
Rank (0-300)
#142
Measurement area
Healthy Cities
Score
# 1
0.0
/100
Rank (0-300)
#174
Measurement area
Climate Proof & Resilient Cities
Score
# 1
26.7
/100
Rank (0-300)
#22
Measurement area
Core Social Indicators
Score
# 1
30.6
/100
Rank (0-300)
#50
Industries
Industries
Construction
#12
More about the company
Headquarters
Sweden
Ownership structure
Public
Revenue
USD 15,984 billion (2022)
Number of employees
28189 (2022)
Website
https://group.skanska.com
63716
