Skanska Releases 2024 Annual and Sustainability Report: Highlights Strong Financial Position
Skanska's 2024 Annual and Sustainability Report
On March 17, 2025, Skanska released its much-anticipated Annual and Sustainability Report for 2024, detailing an impressive financial performance together with significant advancements in sustainability. The report is available in the European Single Electronic Format (ESEF), a new standard promoting greater accessibility and transparency. This document can be easily accessed on Skanska's investor relations website.
Strong Financial Performance
For the fiscal year 2024, Skanska has showcased remarkable resilience and growth. As the construction sector gradually recovers, the firm reported a significant uptick in sales, showcasing the effectiveness of its project development strategies. This year also marked the addition of two high-quality office properties to their investment portfolio, further strengthening their presence in the marketplace.
Reflecting on their substantial performance, Skanska's Board of Directors has proposed a dividend of SEK 8.00 per share, up from last year's SEK 5.50, indicating their robust financial health and confidence in sustainable growth moving forward.
Commitment to Sustainability
2024 was not just about financial success; Skanska also pushed forward its sustainability objectives. The report highlights a significant reduction in carbon emissions, achieving a 61% decrease in Scope 1 and 2 emissions compared to the 2015 baseline. Furthermore, the firm recorded a 37% reduction in Scope 3 emissions when compared to 2020 benchmarks. Such strides reiterate Skanska's commitment to achieving net-zero carbon emissions by 2045, as they continue to set the standard in the construction industry for environmentally responsible practices.
Showcasing Project Highlights
In addition to financial figures and sustainability efforts, the report delves into several exciting projects undertaken throughout the year, illustrating Skanska’s dedication to innovation and high-quality construction practices. These projects not only enhance community infrastructure but also cater to a growing demand for environmentally sustainable buildings. By documenting both achievements and challenges, the report offers valuable insights that stakeholders across the board can learn from.
Accessing the Report
The Comprehensive Annual and Sustainability Report can be accessed through Skanska’s official website, where stakeholders and the public can find not only the report in electronic format but also options to order printed copies. For any inquiries, the investor relations department is readily available to assist.
In conclusion, Skanska’s 2024 Annual and Sustainability Report is a powerful testament to the company’s strong ongoing performance and its unwavering commitment to sustainability. As they continue to build a greener future, their financial achievements provide the foundation necessary for continued investment in innovative projects that benefit both shareholders and communities alike.