Peab’s sustainability work

As a Nordic community builder Peab’s operations have an impact on society, and thereby we have a big responsibility. We take that responsibility whether it’s contributing to more climate-adapted material use, healthy competition or safe and inclusive workplaces. Working sustainably is a strategic matter for Peab that should be completely integrated into our operations. What we carry out should be ethical and sustainable throughout an entire life cycle. Every employee should work sustainably in their role based on our core values, business concept, mission, strategic targets and Code of Conduct.

Our material sustainability aspects are summarized in our external and internal targets within the framework for our four strategic targets, of which leader in social responsibility is new as of 2021 and our strategic targets comprise our prioritized sustainability aspects. Peab’s strategic sustainability work is based on local community building. Our four business areas that collaborate locally give us better control over the supply chain. Our 15,000 employees ensure that we as far as possible use local resources in the form of our own employees, our own input goods and subcontractors. This together with our engagement in the community and integrated climate and environmental work forms the foundation of what we call locally produced community building.

When it comes to Peab’s climate impact our material use is a particularly important area where our operations generate carbon emissions. This is why we try to husband resources and to a greater extent use local material as well as to develop more climate-adapted material. Our investments in ECO-Betong (ECO-Concrete) and ECO-Asfalt are two practical examples where we both reuse material and mix in alternative binder to reduce carbon dioxide impact. Peab is also a driving force in several development initiatives for optimizing material and verifying quality. In 2021 we became the first company to sign a contract for the use of fossil free steel in construction projects. The contract was part of an ongoing collaboration with SSAB on analyzing possible future ways to reduce the industry’s climate footprint through fossil free steel. In addition to this Peab is making in-depth climate calculations in order to compare different methods from a lifecycle perspective.

In accordance with the Annual Reports Act chapter 6 paragraph 11 Peab has chosen to present the statutory Sustainability Report outside of the Board of Directors’ Report. The parts required in a sustainability report can be found under sections Targets and strategies, Our take on sustainable business, Social, Environment, Economic, Risks and risk management and Corporate governance report.

Peab’s investment in the above-named ECO-products is important, for instance, ECO-Betong has been developed to further reduce climate impact and dependence on cement.

In recent years Peab has started new R&D projects in biodiversity and handling invasive species.

Focus on construction sites

Construction sites are receiving more and more attention and here Peab energy classifies construction barracks. The purpose is to reduce energy consumption in barrack establishment through a new energy classification system that promotes energy efficient barracks and barrack establishment. The project is a collaboration with other actors in the industry such as contractors, barrack renters, barrack-makers and general contractors. Peab also has well thought out conceptual measures on how to best establish a construction site to meet future climate requirements but also to drive continual development in line with both national guidelines and customers’ demands.

In order to streamline pro­duc­tiv­i­ty in recent years Peabs has worked together with LTH, Faculty of Engineering in testing an autonomous robot dog on construction sites. This increases our ability to do follow-ups, laying out and ensure quality and safety in heights. The autonomous robot dog can freely move around a construction site while work is ongoing.