Peab is the
Nordic Community Builder
Peab works locally where our customers are and where people live their lives. Every day our 15,000 employees contribute through four collaborating business areas to community building in Sweden, Norway, Finland and Denmark. Together we build homes, schools, retirement homes, hospitals, swimming pool facilities, museums, offices, airports and ports. We build and maintain roads, railroads, bridges, parks and much, much more.
Peab has contributed to locally produced community building for more than 60 years. Now the journey continues. Long-lastingly and responsibly we are forging ahead, and improving everyday life where it’s lived.
Value through collaborating business areas
Our business is founded on four business areas Construction, Civil Engineering, Industry and Project Development. 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.
Read more here
Targets for a sustainable unit
We monitor our business through the framework of our four strategic targets: most satisfied customers, best workplace, most profitable company and leader in social responsibility. Each of these strategic four targets are important on their own but they are linked together as a unit too. All the targets are measured in comparison to the construction and civil engineering industry.
Read more here
Local and close to our customers
Our 15,000 employees work close to our customers in the local community and use wherever possible local resources in the form of our own personnel, input goods and subcontractors. Together with our social engagement in the community and integrated climate and environmental work this forms the foundation of what we call locally produced community building.
Read more here
Four strategic targets and nine external targets
Customer Satisfaction Index (CSI)
CSI stands for Customer Satisfaction Index and measures how satisfied Peab’s customers are.
TARGET: >75
OUTCOME 2022: 80
Serious accidents
The target is measured as zero fatal accidents and a contracting trend, rolling 12 months. Serious accidents are defined according to classification 4.
TARGET: <28
OUTCOME 2022: 49
eNPS
eNPS stands for employee Net Promoter Score and measures employee engagement.
TARGET: >22
OUTCOME 2022: 29
Operating margin
The target is measured according to segment reporting.
TARGET: >6%
OUTCOME 2022: 4.3%
Net debt/equity ratio
Net debt in relation to equity. The target is measured according to segment reporting.
TARGET: 0.3-0.7
OUTCOME 2022: 0.5
Dividends
The target is to surpass 50 percent of profit for the year. Measured according to segment reporting.
TARGET: >50%
OUTCOME 2022: 56%1)
Carbon dioxide intensity
Climate target for our own production
The target refers to lower emissions of greenhouse gases Scope 1+2 (ton CO2e/MSEK).
TARGET 2030: -60%
OUTCOME 2022: -40%
Carbon dioxide intensity
Climate target for input goods and purchased services
The target refers to lower emissions of greenhouse gases Scope 3 (ton CO2e/MSEK).
TARGET 2030: -50%
OUTCOME 2022: -2%
Equal opportunity
The target is measured as: percentage of recruited women in production among skilled workers (SW, production and processing) and white-collar workers (WCW, production management and production support) > percentage of women who have graduated with, for us, relevant degrees on the education markets.
TARGET:
>5.0% (SW)
>28.5% (WCW)
OUTCOME 2022:
7.9% (SW)
45.3% (WCW)
1) Based on the number of outstanding shares.
Employees
15,000
Peab is a long-term and reliable employer that prioritizes health and a safe work environment. We offer opportunities for personal development in a company culture built on respect for everyone’s equal value and which is characterized by our core values Down-to-earth, Developing, Personal and Reliable.
Net sales*
SEK 63 billion
* According to segment reporting