We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lena Hok, Executive Vice President of Sustainability & Innovation is Chairman of the Sustainability Committee. Ulrika Wester, Vice President of Ethics & Compliance is Chairman of the Competition Committee. Camilla Georgsson and Lotta Lagerstedt are Vice Chairman of the Marketing Committee. David Graslund is a Vice Chairman of the Arbitration Committee. (as of January 2023)
Lena Hök,
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InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lena Hok, Executive Vice President of Sustainability & Innovation is Chairman of the Sustainability Committee. Ulrika Wester, Vice President of Ethics & Compliance is Chairman of the Competition Committee. Camilla Georgsson and Lotta Lagerstedt are Vice Chairman of the Marketing Committee. David Graslund is a Vice Chairman of the Arbitration Committee. (as of January 2023)
Lena Hök,
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InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Skanska UK plc is a member of CBI Chairs Committee, Construction Council and Taxation Committee (as of January 2023)
not specified
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InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Skanska UK plc is a member of CBI Chairs Committee, Construction Council and Taxation Committee (as of January 2023)
not specified
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In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Climate Lobbying Overview: In 2021-23, Skanska has positive engagement with climate change policy. Skanska expresses positive top-line messaging on climate policy and appears supportive of energy efficiency legislation and measures to decarbonize buildings and transport in the EU and US. Skanska is a member of the International Chamber of Commerce and Confederation of British Industries.
Top-line Messaging on Climate Policy: Skanska’s 2021 Annual Report, published in March 2022, appeared supportive of the EU’s Green Deal and a Skanska ‘Foresight’ article, accessed in January 2023, stated “carbon neutrality by 2050 is a necessary, achievable goal”. A December 2022 joint letter, signed by Skanska’s CEO, Anders Danielsson, further supported emissions reductions aligned with 1.5 degrees. Its corporate website, accessed in January 2023, also appeared supportive of the EU’s Green Deal and 2050 targets, alongside appearing to praise the EU for “putting the regulatory force behind its ambition”. Similarly, Skanska’s 2021 Annual Report expressed support for national and regional regulation in response to climate change. In its 2020 Annual Report, published in 2021, Skanska stated support for the Paris Agreement.
Engagement with Climate-Related Regulations: In 2021-23, Skanska appeared to have limited engagement with specific EU and US climate change regulations. A December 2022 ‘CEO Alliance’ joint letter, signed by Skanska CEO, Anders Danielsson, supported increasing EU energy efficiency measures, demand management and renovation. A Skanska ‘Foresight’ article, accessed in January 2023, suggested support for EU and US regulatory measures to improve energy efficiency, including California’s energy efficiency policy. Similarly, a second ‘Foresight’ article, also accessed in January 2023, expressed support for regulations incentivizing energy efficiency, including tax-credits for energy efficient appliances such as heat pumps legislated under the US Inflation Reduction Act.
Skanska CEO, Anders Danielsson also appeared supportive of accelerating renewable energy permitting and existing renewable energy projects in a December 2022 joint letter. Additionally, a ‘Foresight’ article, accessed in January 2023 used California’s emissions trading scheme and New York’s 2030 100% net-zero new buildings target as examples of “aggressive” policies which are “leading the way to net-zero buildings”.
Positioning on Energy Transition: Skanska appeared supportive of an energy transition of the transport and building sectors in 2021-23. Skanska’s corporate website, accessed in January 2023, appeared to generally support the electrification of transportation alongside the decarbonization of the construction industry. Similarly, Skanska advocated for buildings to “capitalize” on electric vehicle technology by providing more charging stations in urban areas, and the electrification of building appliances, in a ‘Foresight’ article, accessed in January 2023. Another article posted on Skanska’s ‘Foresight’ website and accessed in January 2023 also appeared supportive of measures to decarbonize buildings, including US city-wide policies to phase-out fossil fuels and electrify buildings. Skanska’s CEO, Anders Danielsson, further advocated for policymakers to focus on the decarbonization of the energy supply, fossil-free electrification and the phase-out of fossil fuel imports in a December 2022 ‘CEO Alliance’ joint letter.
Industry Association Governance: Skanska has not published an industry association review, but has disclosed its membership to the International Chamber of Commerce (ICC), which holds a mixed position on global climate policy, in its 2021 Annual Report, published in 2022. Lena Hok, Vice President of Sustainability and Innovation, is Chairman of the Sustainability Committee at ICC and other executives hold roles within other committees. Skanska UK is also a member of the Chairs Committee, Construction Council and Taxation Committee at the Confederation of British Industries, which has increasingly positive engagement on climate policy.