NCC's annual report 2021
Every generation has a responsibility to maintain and develop its shared social infrastructure in order to create opportunities today and for the future. Construction, maintenance and development projects are initiated by our customers or by NCC. NCC’s purpose is to utilize our expertise and competencies as the basis for taking the customer through the construction process in order to create a positive end result for all stakeholders.
Our purpose is to take the customer through the construction process in order to create a positive end result for all stakeholders.
Our core is our ability to manage the complexity of a construction process.
Proactive construction experts realizing complex projects with our customers.
Build a knowledge-based company and a culture based on shared values and behaviors.
Work in a data-informed manner, which requires that NCC invests in IT and digitization.
Be proactive in relation to the customers in order to manage the complexity of the construction process and utilize and develop our expertise and experience.
Leverage the Group’s collective expertise in order to develop the construction process.
We challenge ourselves and each other to constantly improve and outperform our targets.
We work actively to ensure effective collaboration internally, in and between units, and with our customers.
We take data-informed decisions, communicate them clearly and always act on what’s decided.
We take responsibility for our actions and use of resources. We mitigate risk and act with integrity to ensure safe, high-quality sustainable operations.
Our purpose is to take the customer through the construction process in order to create a positive end result for all stakeholders.
Our core is our ability to manage the complexity of a construction process.
Proactive construction experts realizing complex projects with our customers.
Build a knowledge-based company and a culture based on shared values and behaviors.
Work in a data-informed manner, which requires that NCC invests in IT and digitization.
Be proactive in relation to the customers in order to manage the complexity of the construction process and utilize and develop our expertise and experience.
Leverage the Group’s collective expertise in order to develop the construction process.
We challenge ourselves and each other to constantly improve and outperform our targets.
We work actively to ensure effective collaboration internally, in and between units, and with our customers.
We take data-informed decisions, communicate them clearly and always act on what’s decided.
We take responsibility for our actions and use of resources. We mitigate risk and act with integrity to ensure safe, high-quality sustainable operations.
Orders received (SEK M)
Net sales (SEK M)
Operating profit (SEK M)
Corporate net debt1)
Health and Safety
LTIF4
Work-related accidents resulting in four calendar days of absence or more per million working hours
NCC will be climate neutral by 2045
Outcome 2021:
Scope 1 & 2
60-percent reduction in CO2e1) by 2030 (base year 2015), measured as tons of CO2e /SEK M
Emission intensity amounted to 3.5 CO2e ton/SEK M, corresponding to a reduction of 41 percent compared with 2015
50-percent reduction in CO2e by 2030 (base year 2015), from concrete, steel, asphalt and transportation2), measured as kilograms of CO2e/ purchased volume
See page 94.
NCC is one of the leading Nordic companies in building and infrastructure project contracting, commercial property development and asphalt and stone materials production, and works continuously and systematically to help the transition to a more sustainable society. NCC constructs, maintains and develops the built environment with a focus on how materials, methods and processes can reduce the impact on the environment and make a positive contribution to society.
NCC is an empowering partner that – through cooperation and dialogue with customers, various societal players and other stakeholder groups – enables the construction of healthy, safe and secure environments. Sustainability targets guide the Group’s decisions and priorities. NCC has internal targets in a number of impact areas and external targets in two prioritized areas: Health and safety and Climate and energy.
Accident frequency
(LTIF4 - Work-related accidents resulting in more than four calendar days of absence per million working hours)
Reduction of CO2e/SEK M since 2015
Based on its expertise in managing complex construction processes, NCC facilitates construction that generates favorable results for the customers and has a positive impact on society in general. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production.
Builds, renovates and maintains infrastructure for travel, transportation, energy and water treatment, as well as facilities for basic industry, in Sweden, Norway and Denmark. With expertise encompassing the entire chain from early stage consultancy, project planning and design to production and maintenance, we realize, together with our customers, projects with a favorable impact on society.
Net sales (SEK M)
Builds and renovates sustainable housing, offices, healthcare buildings, schools, sports facilities and public buildings for public and private customers in Sweden. With advanced skills in sustainability, digitalization and partnering, NCC Building Sweden develops projects jointly with customers from the early stages.
Net sales (SEK M)
Builds and renovates sustainable housing, offices, healthcare buildings, schools, sports facilities and public buildings for public and private customers in Denmark, Finland and Norway. With advanced skills in sustainability, digitalization and partnering, NCC Building Nordics develops projects jointly with customers from the early stages.
Net sales (SEK M)
Develops, produces and sells sustainable stone materials and asphalt products for construction and infrastructure projects in Sweden, Norway, Denmark and Finland. The operations form a natural supply chain that is also well integrated into NCC’s construction and civil engineering operations.
Net sales (SEK M)
Develops, lets and sells properties, with the focus on office properties. With extensive expertise encompassing the entire chain from conceptualization of individual projects to the development of city districts, and with a major focus on sustainability and cooperation, flexible and customized property solutions are created in growth markets in the Nordic region.
Net sales (SEK M)
NCC is a long-term and stable employer in all of our Nordic markets. The operations are knowledge intensive and the number of multi-year large-scale projects is increasing. In order to succeed, we want to attract and develop the best employees in the industry. Together, we are building a learning organization, in which access to NCC’s accumulated experience combined with the employees’ individual competencies forms the foundation for our competitiveness.
NCC Academy is our initiative for providing access to the best skills development in the industry to our employees, even the most experienced ones. In addition to strengthening management at NCC, clear development opportunities add to the employees’ job satisfaction at NCC.
Average number of employees 2021
Percentage of women in the Senior Management Team
Participants in NCC Academy's Leadership programs
Listen to a few voices from two of our management programs – Strategy Leadership Program and Mega Project Management Program
NCC creates the environments of the future for housing, work and infrastructure. We develop our employees, carry out complex projects and deliver smart sustainable solutions that respond to both large and small challenges.
Here you can download the full Annual report, or parts of it and combine them as you wish.
NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC facilitates construction that generates favorable results for the customers and has a positive impact on society in general. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2021, NCC had sales of SEK 53 billion, and 13,000 employees.