Locally produced community
building in the Nordic region
Annual and Sustainability Report 2020
We improve everyday life where it’s lived
One strategic step at a time. This is how Peab has worked to develop the business since it began more than 60 years ago. With our extensive Nordic presence and local roots today we are the Nordic Community Builder and we improve everyday life where people live it. Now we are ready to enter the next phase of our development.
The future looks good for Peab
Society is continuously evolving
An evolving society is good for Peab because of our exposure to the Nordic construction and civil engineering market. Demographic developments, digitalization, increased sustainability demands and macroeconomic developments are all external factors advantageous to Peab.
We are local throughout the Nordic region
With our 15,000 employees and extensive Nordic local presence we are always close to our customers and the market. On top of that, with our own local resources we build locally produced communities.
We cover the entire value chain
Our four collaborating business areas enable us to be efficient and have a high level of processing. They give us control over a project and a flexibility to adapt our operations mix as needed.
We are in it for the long run
With long-term owners, solid core values and a business that since 1959 has developed one step at a time, we have everything we need to continue to do what is best for our customers, employees, owners and society in the long run.
Sustainability aspects
Social, Environment and Economic comprise our sustainability aspects
Peab has chosen to gather our most important sustainability aspects in the three main areas; Social, Environment and Economic. A material analysis has identified the aspects that are strategically important for us and requested by our stakeholders.
Business model
Four collaborating business areas that create added value
Our business is founded on four business areas. Each of them is independent with its own customer base. But the strength in our business model – and thereby our ability to achieve our targets – is multiplied when they work together in the processing chain. This is the core of our business model and what makes us unique. This is locally produced community building throughout the entire Nordic region.