NCC launches updated sustainability targets

In connection with NCC’s Capital Markets meeting on November 18, NCC launched updated sustainability targets. The updated targets for 2021 and onwards are focused on Climate & Energy and Health & Safety.

Sustainability is a key part of the construction process. We invest in understanding what our customers and stakeholders want and need from us, in all aspects of construction – including more sustainable solutions. With sustainability in focus we minimize negative effects and risks of our work and maximize the positive impact, but it is also a means to seek competitive advantages and create a base for differentiation.

Our external targets are set to be relevant for the company’s stakeholders and guide decisions and priorities within the company. To enhance focus the external targets has been limited to two prioritized areas, within NCC’s sustainability framework: Health & Safety and Climate & Energy. Other areas in the sustainability framework will be supplemented with internal group targets and KPIs.

Updated sustainability targets

Climate & energy

NCCs target is to be climate neutral.

  • Our next target is a 60% reduction of CO2e in scope 1 and 2 per MSEK turnover 2030 (baseline 2015)

Scope 1 – All Direct Emissions from the activities of an organization or under their control. Including fuel combustion on site such as gas boilers, fleet vehicles and air-conditioning leaks.

Scope 2 – Indirect Emissions from electricity purchased and used by the organization. Emissions are created during the production of the energy and eventually used by the organization.

  • 50% reduction of ton CO2e relative to bought volumes of the largest scope 3 contributors within NCC until 2030. In scope 3 we start by targeting the four largest contributors to NCC construction operations scope 3: Concrete, steel, asphalt and transports. NCC is agile and as time progresses and our capabilities matures,we will extend our scope of the target.

Scope 3 – All Other Indirect Emissions from activities of the organization, occurring from sources that they do not own or control, for example: emissions associated with business travel, procurement, waste and water

Health & Safety

When assessing safety performance, one of the most important KPIs to track is lost time injury frequency rate.

  • LTIF4 rate 3.0 in 2022

Lost Time Injury Frequency – any injury sustained by an employee while on the job that prevents them from being able to perform their job for at least four day/shift per 1 million-man hours worked.

The outcome of the sustainability targets for 2020 will be presented in annual report 2020.

Helene Samuelsson

Head of Sustainability Communication , NCC Group