That is why we have introduced climate budgets for all enterprises and are devising plans for how to reduce climate impact throughout the value chain (scopes 1, 2 and 3). The Norwegian enterprise and parts of the Swedish enterprise hold accreditation to ISO 14001.
Impact of climate on Veidekke (climate risk)
Climate change involves both risks and opportunities. Increasingly frequent instances of extreme weather may alter the criteria for Veidekke’s operations. At the same time, both more stringent requirements from the authorities and new technology are leading to an increase in demand for green products and services. Veidekke has identified how climate risk will impact us going forward, and we will continue to do this.
Veidekke’s impact on the climate
Veidekke’s approach is based on the Paris Agreement, and was an early adopter of some very ambitious goals for reducing greenhouse gas emissions from our own operations. These goals are now set to achieve net-zero by 2045, which involves cutting down greenhouse gas emissions from both our own operations and the value chain to net zero. We have compiled greenhouse gas budgets for our operations in line with this goal, with quarterly reporting and annual follow-up. We are also committed to defining science-based targets (SBTi) for net-zero for the entire value chain (scopes 1, 2 and 3). Streamlining, new technology and a transition to fossil-free energy sources provides the greatest potential for reducing Veidekke’s greenhouse gas emissions.
Veidekke’s annual accounts citing greenhouse gas emissions are verified by DNV.
Environmentally friendly materials and products
We seek to prevent waste and limit emissions, pollution, waste and use of resources in our building and construction projects. We use sustainable materials such as solid wood, low carbon concrete and more sustainable asphalt, and we are committed to ensuring that what we build will last a long time and that the resources we use are renewable. For instance, we do not permit tropical timber to be used in our own projects, we advise customers against using tropical timber, and we ask to see FSC or PEFC certificates for all timber products. More and more of our buildings and installations are receiving third-party environmental classification to recognised national and international standards.
Information on how we work with climate and the environment is presented in the Veidekke sustainability report.
The greatest potential for reducing Veidekke's greenhouse gas emissions lies in efficiency, new technology and the transition to fossil-free energy sources.
More information about Veidekke´s sustainabilty work can be found here
