Sustainability reporting

NCC reports according to several voluntary frameworks for sustainability reporting. In using these frameworks, we aim to measure, follow up and clearly report our progress towards our sustainability targets. We value openness and accountability and believe that our sustainability reporting helps to build trust with our stakeholders and create long-term value for both our business and society.  

Statutory Sustainability Reporting under ESRS/CSRD

The European Sustainability Reporting Standards (ESRS) are the European sustainability reporting standards established under the Corporate Sustainability Reporting Directive (CSRD). The standards specify which sustainability-related disclosures companies must report on in areas such as environmental, social, and governance (ESG) matters, based on the company’s material impacts, risks, and opportunities.

NCC is subject to the legal requirement to report in accordance with the CSRD and ESRS starting from the 2025 financial year. This reporting enables NCC to transparently and systematically describe how we manage sustainability issues, which material impacts, risks, and opportunities have been identified, and how these are addressed through governance, strategies, actions, targets, and performance outcomes. The reporting provides investors, customers, and other stakeholders with a comparable and reliable view of NCC’s sustainability efforts and long-term value creation.

Taxonomy

The EU Taxonomy Regulation is part of the EU’s action plan for the financing of sustainable growth. The aim is to redirect investments from operations with negative environmental impacts to more sustainable operations. NCC’s operations include construction and civil engineering, industry and property development, which includes several Taxonomy eligible activities that mainly take place in project form. Taxonomy reporting is now integrated into the statutory sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD).

UN Global Compact 

NCC has reported to the UN Global Compact since 2010. The Global Compact is a strategic UN initiative that commits companies to adapt their operations and strategies to 10 defined and generally accepted principles in the areas of human rights, labor law, environment and anti-corruption. 

NCC submits an annual Communication on Progress (COP – Global Compact),   
which contains an undertaking from the chief executive to continue support for the UN Global Compact.

CDP

CDP is a global non-profit organization that operates the world’s leading environmental disclosure system. Through CDP, companies report information on their management of climate change, water, forests, and biodiversity. The purpose is to increase transparency regarding companies’ environmental impacts, risks, opportunities, targets, and actions.

NCC reports in accordance with CDP, with underlying data and reporting processes subject to external review. This reporting enables NCC to transparently and comparably demonstrate how we identify and manage environmental risks and opportunities, reduce our environmental impact, and monitor targets and performance. The reporting provides customers, investors, and other stakeholders with an independent view of our sustainability efforts and progress in these areas.