Veidekke
Veidekke ASA, headquartered in Norway, is a prominent player in the construction and property development industry. Founded in 1936, the company has established a strong presence across Scandinavia, with significant operations in Norway, Sweden, and Denmark. Veidekke is renowned for its diverse portfolio, which includes building construction, civil engineering, and asphalt production, setting it apart through a commitment to sustainability and innovation. With a focus on high-quality craftsmanship and customer satisfaction, Veidekke has achieved notable milestones, including recognition for its environmentally friendly practices and community engagement. As one of the largest construction companies in Norway, Veidekke continues to lead the market, driven by its core values of collaboration and responsibility, making it a trusted partner in the industry.
DitchCarbon Score
How does Veidekke's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Veidekke's score of 97 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veidekke's reported carbon emissions
In 2024, Veidekke reported total carbon emissions of approximately 1,114,630,000 kg CO2e, with Scope 1 emissions at about 57,898,000 kg CO2e, Scope 2 emissions at approximately 53,532,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,003,199,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Veidekke has set ambitious climate commitments, aiming to reduce its greenhouse gas emissions per unit of value added by 50% by 2030 and 90% by 2050, using 2013 as a baseline. Additionally, the company has committed to achieving net-zero emissions across its value chain by 2045, with specific near-term targets to cut absolute Scope 1 and 2 emissions by 50% by 2030 from a 2018 base year, and Scope 3 emissions by 50% from a 2020 base year. These targets align with the Science Based Targets initiative (SBTi) and reflect Veidekke's commitment to the UN’s two-degree target. The company’s long-term goals include a 90% reduction in both Scope 1 and 2 emissions by 2045, as well as a 90% reduction in Scope 3 emissions within the same timeframe. Veidekke's proactive stance on climate action positions it as a leader in the construction and engineering sector, demonstrating a clear pathway towards sustainability and reduced environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 111,707,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 58,888,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Veidekke is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
