E1 - Climate changes
|
| Subtopic |
Description |
Impact |
Financial |
In the value chain |
Time horizon |
| Climate change adaption |
Risk of financial consequences if climate change adaptation fails across the value chain, both for own solutions as well as for suppliers and customers. |
|
Risk |
Across the value chain |
Medium and long |
| Increased demand for solutions that support society’s adaptation to a changed climate. |
|
Opportunity |
Own operations |
Medium |
| Climate change mitigation |
Greenhouse gas emissions across the value chain, from extraction of materials to production and use. |
Actual negative |
|
Across the value chain |
Medium |
| Dependence on materials, as well as increased requirements concerning emissions data, leading to increased costs and financial consequences. |
|
Risk |
Upstream |
Medium |
| Increased demand for solutions that support society's mitigation of climate change. |
|
Opportunity |
Own operations |
Medium |
| Energy |
Energy consumption across the value chain, from extraction of materials to production and use. |
Actual negative |
|
Across the value chain |
Medium |
| Increased costs linked to greater demand for a transition to renewable and fossil-free energy. |
|
Risk |
Upstream, Own operations |
Medium |
E4 - Biodiversity and ecosystems
|
| Subtopic |
Description |
Impact |
Financial |
In the value chain |
Time horizon |
| Direct impact drivers of biodiversity loss |
Use a virgin raw materials such as soil, limestone, sand adn iron. |
Actual negative |
|
Upstream |
Medium |
| Increased focus on biodiversity and related controls can lead to increased costs. |
|
Risk |
Upstream |
Medium |
| Construction of buildings and infrastructure projects relies on the use of land, which can cause biodiversity loss depending on the geographical location and scope. |
Actual negative |
|
Own operations |
Long |
E5 - Resource use and circular economy
|
| Subtopic |
Description |
Impact |
Financial |
In the value chain |
Time horizon |
| Resource inflows, including resource use |
Use of large quantities of materials in building and infrastructure projects, often virgin sources. |
Actual negative |
|
Across the value chain |
Medium |
| NCC offers products with recycled origins, which replaces the use of virgin materials. |
Actual negative |
|
Own operations |
Long |
| An immature market for circular materials and increased demand for circularity can lead to financial consequences. |
|
Risk |
Upstream |
Medium |
| Waste |
Waste is generated across the value chain, from the production of materials to the construction and final disposal of buildings and infrastructure. |
Actual negative |
|
Across the value chain |
Medium |
S1 - Own workforce
|
| Subtopic |
Description |
Impact |
Financial |
In the value chain |
Time horizon |
| Working conditions |
Higher-risk work activities - primarily in the three identified high-risk areas heavy lifting by cranes, working at height and working close to and around heavy machinery. |
Actual negative |
|
Own operations |
Short |
| Risk of increased costs, possible fines and reputational damage linked to poos employee health and safety. |
|
Risk |
Own operations |
Short |
| Equal treatment and opportunities for all |
NCC offers skills development based on its ambition to have the best project management in the industry. |
Potential positive |
|
Own operations |
Short and medium |
| Risk of financial consequences if NCC does not succeed in attracting, retaining and developing the right skills. |
|
Risk |
Own operations |
Short and medium |
| NCC's gender distribution at management level is satisfactory but overall uneven, which puts minority groups at greater risk of being desadvantaged due to unconscious bias, prejudices and habits. |
Potential negative |
|
Own operations |
Medium |
S2 - Workers in the value chain
|
| Subtopic |
Description |
Impact |
Financial |
In the value chain |
Time horizon |
| Working conditions |
Negative impact if workers in the value chain do not have working conditions that meet appropriate standards. |
Potential negative |
|
Upstream |
Short and medium |
| Risk of increased costs, possible fines and reputational damage linked to deficient working conditions, and increased demand for transparency in the value chain. |
|
Risk |
Upstream |
Short and medium |
| Other work-related rights |
Negative impact if workers in the value chain are subjected to child labor or forced labor. |
Potential negative |
|
Upstream |
Short |
| Risk of increased costs, possible fines and reputational damage linked to child labor or forced labor, and increased demand for transparency in the value chain. |
|
Risk |
Upstream |
Short and medium |
G1 - Business conduct
|
| Subtopic |
Description |
Impact |
Financial |
In the value chain |
Time horizon |
| Corporate culture |
If NCC fails to maintain high ethical standards in the corporate culture, there is a risk of fines, lost business and reputational damage. |
|
Risk |
Across the value chain |
Medium |
| Management of relationships with suppliers |
If processes for managing relationships with suppliers are deficient, it could entail financial consequences. |
|
Risk |
Upstream, Own operations |
Medium |
| Corruption and bribery |
An industry where complex projects, supply chains and both private and public-sector customers lead to increased risk of corruption and other unethical conduct. |
Potential negative |
|
Across the value chain |
Short and medium |
| Potential reputational damage and lost business, as well as costs for potential fines, investigations and legal support. |
|
Risk |
Across the value chain |
Medium |