Working with the global goals in mind

Goal 5 which concerns gender equality, is important to Peab since we, like the rest of the construction and civil engineering industry, still have a long way to go to achieve equal gender distribution. Since 2021 we have quantitative targets for equality. In 2024 we started up the second round of the trainee program for women The Construction Year in order to attract more female skilled workers to Peab.

 

Goal 7 regarding sustainable energy is important because Peab and the industry has to transition to renewable energy and increase its energy efficiency. We work with a number of measures to increase energy efficiency in both production processes and the finished products. For example, during the year we launched the concept ECO-​Construction site which, among other things, comprises solutions for energy.

 

Goal 8 includes working conditions and comprises several of Peab’s material sustainability aspects such as a safe work environment, good conditions in our supply chain and the path for youths into the labor force. There is also a great deal of risk associated with this area. During the year we conducted more supplier controls to ensure ethical and sustainable production conditions. We also worked on the Group-​wide development initiative Quality-ensured and traceable value chain.

 

Goal 9 that concerns sustainable industry, innovations and infrastructure is relevant in part because of its connection to our industrial and civil engineering operations and our investments in sustainable innovation. During the year we continued to, for example, develop our ECO-​products and have now launched ECO-​Construction site and ECO-​Pålar (ECO-Piles). We have also several research partnerships with universities and colleges.

 

Goal 11 which concerns building sustainable cities and communities that are safe and accessible to all in many ways sums up Peab’s core operations. During the year, among other things, we continued the work on building roads, ports and other infrastructure such as hospitals, retirement homes and schools that contributes to sustainable cities and communities.

 

Goal 12 concerning sustainable consumption and production has a clear connection to our environmental target for resource efficiency. In 2024 we continued to promote reuse and circular processes through projects and collaborations.

 

Goal 13 about combatting climate change, is a crucial global issue and Peab, as a major Nordic community builder, has a big responsibility in this. During the year we took several important steps towards climate neutrality through innovation and investments as well as a new collaborations to reduce greenhouse gas emissions. One such collaboration is with SSAB on fossil free manufactured steel and where we could in 2024, among other things, use SSAB Zero in our projects. This steel is based on recycled steel manufactured and transported fossil free. We also continued our work on net zero emissions through the Group-wise development initiative and Peab’s transition plan we call the Climate Road Map and strategic input goods.

 

Goal 14 about conserving and sustainably using the oceans, seas and marine resources is relevant for Peab mainly considering the water we use in construction and our port and by-​the-sea projects. During the year we have worked to develop our processes in monitoring water consumption at our production sites.

Goal 15 concerning ecosystems and biodiversity is reflected in our environmental target for resource efficiency. We will protect, maintain and strengthen ecosystems and biodiversity when exploiting land and natural resources. Peab’s operations intrude on nature risking the displacement of species. In 2024 we produced implemented an overarching Group mapping of Peab’s impacts on and by biodiversity.