Skanska takes its Sustainability inspiration from many external sources. From these it has developed its own Sustainability Agenda to better focus strategies and actions that balance the never-ending trade-off between Economic, Social and Environmental considerations. Our main sustainability challenges and opportunities are described below.
Skanska takes its Sustainability inspiration from external sources including GRI, UN Global Compact, UN Framework Convention on Climate Change, UN Convention Against Corruption, Millennium Development Goals, Convention on Biological Diversity, International Labor Organization, Transparency International, World Economic Forum PACI Principles, World Business Council for Sustainable Development, the UN Sustainable Buildings & Climate Initiative, EU Corporate Leaders Group on Climate Change and others.
Using the GRI framework, Skanska has defined its Sustainability priorities using the Triple Bottom Line headings of Economic, Social and Environmental responsibility.
Given the highly decentralized nature of our business, we have devised a two-tier approach to prioritizing our opportunities and challenges. Simply put, each GRI agenda item has been classified as:
- So significant that we must get it right everywhere all the time
- Can be important in specific situations so needs to be addressed locally on a case-by-case basis
The primary sustainability challenges for Skanska are safety and business ethics, The largest business opportunity for Skanska in the field of sustainable development is Green Business. This moved forward significantly during 2010 under the title Journey to Deep Green™ and is communicated and measured using a new tool, the Skanska Color Palette™.