Annual and Sustainability Report

Overview

The report describes Veidekke's 2020 transformation into a streamlined construction group following the sale of its property development operation. Revenue increased to NOK 38.1 billion, while the group continued to prioritize profitability and shareholder returns. Own-operation greenhouse gas emissions fell to 97,367 tonnes of CO2, alongside expanded renewable-energy and fossil-free-site initiatives. Safety performance improved, but three serious injuries were still recorded, underscoring the group's ongoing zero-injury priority.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2020
Period: 1 January 2020 – 31 December 2020
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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