Veidekke still top of class in environmental reporting performance, according to CDP

Veidekke still top of class in environmental reporting performance, according to CDP

21.01.2020 - 10:30

For the second consecutive year, Veidekke scored top marks for greenhouse gas emissions reporting. The rating is provided by CDP, the international charity which runs the global environmental disclosure system.

“Veidekke strives to reduce our carbon footprint and facilitate transfer to greener alternatives. To receive top marks from the renowned and independent CDP organisation is confirmation that we are on the right track,” says Jimmy Bengtsson, Group CEO of Veidekke.

The construction industry is traditionally a major contributor to global greenhouse gas emissions. In compliance with the United Nations’ 2 oC target, Veidekke has set targets to reduce greenhouse gas emissions from the company’s operations by 50 % by 2030 and 90 % by 2050.

Examples of measures that have contributed to reducing emissions, are the introduction of fossil-free construction sites and the gradual electrification of machinery and vehicles. At Ruseløkka school in Oslo, Veidekke is also carrying out a pilot project aimed at achieving a completely emissions-free building site. Other measures that have proven efficient are the use of biomass as energy carrier in asphalt production, transition to low-temperature asphalt, and increased reuse in asphalt production.

CDP Climate Change (formerly the Climate Disclosure Project) is a British-based international charity that runs the global environmental disclosure system, to support companies and governments to measure and manage their risks and opportunities on climate change, water security and deforestation. In 2019, CDP rated more than 8 000 companies worldwide on a scale from from A (best) to D (worst), assessing how effectively they tackle climate change and provide information on their environmental impact. Among the 178 companies worldwide to qualify for the CDP A list, Norwegian companies comprise only a handful.

See for more information about the assessment, and an overview of all companies on the A list.

For more information, contact:
Hege Hansesveen, environmental advisor Veidekke ASA, , +47 957 75 381

Ane Sangnes, communication manager Veidekke ASA, +47 938 82 336

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Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building construction and civil engineering contracts, develops residential projects, maintains roads, and produces asphalt and aggregates. The company is known for its involvement and local knowledge. Its annual turnover is NOK 36 billion, and half of its 8,600 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.