Summary external targets
In order to further promote value creation we have updated everything from our mission, business concept and strategic target areas to internal and external financial and non-financial targets. As of 2021 Peab externally reports the performance of our business by monitoring nine targets, of which three are financial and based on segment reporting and six are non-financial targets. We consider the external targets particularly important and they are a subset of our internal targets and action plans.
Both the internal and external financial and non-financial targets are categorized under the strategic targets; Most satisfied customers, Best workplace, Most profitable company as well as the new, fourth strategic target, Leader in social responsibility. All targets relate to the industry. For a more detailed description of each target please see www.peab.com/targets.
Most satisfied customers
We will be a complete community builder that offers total solutions. We create value for our customers through expert and engaged employees.
>75
SCI always over 75
Best workplace
We will be the obvious choice for anyone who wants to work in the industry. Everyone will be part of safe and including workplaces with good work conditions and opportunities to develop at Peab.
eNPS
always over
benchmark
Zero Vision
serious accidents
Through a contracting trend
Most profitable company
With our engaged employees we ensure productivity and quality. Through our local presence, and the advantage of our size and mix of operations, we will become the most profitable company.
>6%
Operating margin
0.3–0.7
Net debt/equity ratio
>50 % of profit for the year
Dividend
Leader in social responsibility
As the Nordic Community Builder with a local presence we take responsibility through innovations and making demands concerning the climate and environment, order and correctness in the industry and equal opportunity. Active social engagement in the community and focus on young people’s education are part of our fundamental values.
-60%
Carbon dioxide
intensity
Reduction of emissions from our own production by 2030 (Scope 1+2).
-50%
Carbon dioxide
intensity
Reduction of emissions from input goods and purchased services by 2030 (Scope 3).
Equal opportunity recruitment
Share of women recruited always over the education market
Target and target fulfilment
Most profitable company
Operating margin
Target: >6% according to segment reporting
(reported quarterly)
* Years 2015-2018 not translated according to changed accounting principles for own housing development projects. **Operating margin excluding the effect of the distribution of Annehem Fastigheter (SEK 952 million)
Most profitable company
Net debt/equity ratio
Target: 0.3-0.7 according to segment reporting
(reported quarterly)
* Years 2015-2018 not translated according to changed accounting principles for own housing development projects.
Most profitable company
Dividend
Target: >50% of profit for the year according to segment reporting (reported annually)
* Years 2015-2018 not translated according to changed accounting principles. ** For 2019, no cash dividend has been paid. The value of the distribution of Annehem Fastigheter at the time of the distribution in December 2020 amounted to 97 percent of the profit for the year 2019. *** The proportion is calulated without the effect of SEK 952 million on profit due to the distribution of Annehem Fastigheter. **** Board of Directors’ proposal to the AGM
Best workplace
Serious accidents
Target: Zero fatal accidents and contracting trend, rolling 12 months, serious accidents classification 4 (reported quarterly)
No
Refers to the period January 2020 – December 2021
Best workplace
eNPS
Target: > over benchmark (reported semiannually)
eNPS
eNPS stands for employee Net Promoter Score and measures employee engagement. The result can vary between -100 and 100.
Most satisfied customers
Satisfied customer index (SCI)
Target: > 75 (reported anually)
SCI
SCI stands for Satisfied Customer Index and measures how satisfied Peab’s customers are. SCI is a weighted measurement between 0 and 100.
Leader in social responsibility
Carbon dioxide intensity: Climate targets for our own production
Target: Reduced emissions of GHG Scope 1+2* (tons CO2e/MSEK) by 60% (reported annually)
* Direct and indirect emissions as a result of using fuel and energy in our own production.
Leader in social responsibility
Carbon dioxide intensity: Climate targets for input goods and purchased services
Target: Reduced emissions of GHG Scope 3* (tons CO2e/MSEK) by 50% (reported annually)
* Includes concrete/cement, asphalt/bitumen, transportation and machine services, steel, waste and business trips.
Leader in social responsibility
Equal opportunity recruitment
Target: Share of women recruited > the education market
(reported annually)