Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]All employees an are guided by our code of conduct and Sustainability Policy for engagement activities. The Sustainability policy states Skanska's strong commitment towards a more sustainable future, based on the
belief that project development and construction can make a major contribution to a more sustainable society. Skanska can contribute with experience and expertise, and deliver sustainable solutions to help customers, communities and other stakeholders to fulfill their goals. The focus of the Sustainability Group Policy is on the sustainability impact areas: Responsibility, Climate and Resilience.
- Responsibility impact contains: health and safety, fair and ethical, environment and diversity, all of which are covered in the Code of Conduct and the Supplier Code of Conduct
- Climate impact contains: insights, net-zero innovations and low-carbon transformation
- Resilience impact contains: healthy, inclusive and climate resilient, design for community and partner for social value
Skanska's climate strategy is formulated in the Skanska Group Climate Plan, ACT addresses both responsibility and the business opportunity ahead. ACT consists of three building blocks: Awareness, Customer success and Transformation, all contain crucial elements within Skanska's different markets, while also connecting actions and performances on a local as well as global level.
ACT has a mid-term (2030) and a long-term (2045) target. In the Business Plan process, climate targets are settled in key activities to drive and follow up on progress.
All business units have their own climate plans based on market research, industry benchmarks and data analysis. ACT includes all BU's plans and business cases. Skanska's own developed projects, both Commercial Property Development and Residential Development, can have the most impact on emissions in the value chain.