NCC launches Climate Transition Plan
NCC is now publishing a Climate Transition Plan that clarifies the direction for how NCC will reach its 2030 climate targets and, in the long term, achieve net zero emissions by 2045 – in line with the Paris Agreement’s 1.5°C goal.
The plan, which builds on the business areas’ existing climate strategies, shows how five prioritized decarbonization levers, along with associated key activities, will reduce NCC’s emissions by 2030. In addition, the plan includes a long-term perspective on how the company will achieve net zero emissions.
Of total emissions, approximately 86 percent are found in the value chain, primarily in the manufacturing processes of purchased materials. Around 14 percent of emissions come from NCC’s own operations, with asphalt production accounting for the majority.
“With this plan, we are showing the direction for how we will reach our climate targets. We have already taken major steps within our own operations. The challenge, however, lies in the value chain, where we need close collaboration with suppliers and customers. By clearly translating our ambitions into action, we strengthen our credibility and competitiveness in the Nordic market”, says Susanne Lithander, CFO and Head of Finance & IT, NCC.
Reducing emissions where they are the highest – focus on materials and fossil fuels
Five prioritized decarbonization levers have been identified in the plan: Materials, Transport, Production, Fleet and machinery, and Use of construction. The plan’s calculations show particularly high potential for emissions reductions within materials—especially concrete, steel, and bitumen—as well as in fuel use for machinery and vehicles.
To continue reducing emissions in the long term, technological innovation and scaling up of already known measures will be required so that actors across the value chain can jointly contribute to society’s transition.
The plan has been formally approved by the board and outcomes will be reported annually in NCC’s Annual and Sustainability Report.
