As a financially sound company, Skanska endeavors to balance the need for sustained shareholder return with wider stakeholder benefits.
Through proprietary risk assessment tools such as the Skanska Tender Approval Process (STAP) and the Skanska Operational Risk Assessment (ORA), we screen every potential project for unacceptable social or environmental aspects. In this way we try to avoid becoming involved in unacceptable projects.
A second way in which we exercise our economic discretion, for the good of social and environmental considerations, is through our supply chain. As the value of purchases of materials and products increases from non-traditional sources in Asia, social and environmental auditing of prospective first-line suppliers allows us to influence their performance and aspirations.