Swedavia AB (publ)
Climate Impact & Sustainability Data (2018, 2023)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:1305 tonnes
Renewable Energy Share:97%
Total Energy Consumption:198,764 MWh
ESG Focus Areas
- Economy
- Social development
- Environmental concern
- Customer satisfaction
Environmental Achievements
- Fossil carbon dioxide emissions from its own operations totalled 1,305 tonnes in 2018, compared to 1,896 tonnes in 2017. That is an 89 per cent reduction since 2005.
- Ronneby Airport achieved zero fossil carbon dioxide emissions from its own operations in 2017, Visby Airport and Luleå Airport in 2018, and Åre Östersund Airport is expected to do so in 2019.
- 97 per cent of the energy Swedavia uses comes from renewable sources.
Social Achievements
- 65 per cent engaged leaders and employees in 2018.
- One accident (three accidents in 2017) and two serious incidents (none in 2017) in 2018.
- Actively works with inclusion to achieve diversity.
Governance Achievements
- Swedavia follows the State’s guidelines for remuneration to the Board.
- Swedavia follows the State’s guidelines for executive officers in companies with State ownership.
- Swedavia has a formalised procedure for ensuring that there is compliance with the established method for financial reporting and internal control.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Five per cent of jet fuel used at Swedish airports shall be renewable by 2025.
Short-term Goals:
- Zero fossil carbon dioxide emissions from its own operations by 2020.
Environmental Challenges
- Insufficient capacity and crowded airspace affecting punctuality.
- Declining domestic air travel due to climate debate, rising fuel prices, and market adjustments.
- Capacity challenges at Stockholm Arlanda Airport and Göteborg Landvetter Airport.
Mitigation Strategies
- Extensive development programmes at airports to increase capacity.
- Work to improve flows and processes, increase cost-effectiveness, and ensure an optimal governance model.
- Measures to increase capacity and efficiency, and work to develop airport experiences.
Supply Chain Management
Responsible Procurement
- Category-based purchasing
- Monitoring of top risk suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
Transition Risks
- Changes in environmental permits
Opportunities
- Switch to renewable jet fuel
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001:2015, ISO 50001:2011
Third-party Assurance: Ernst & Young
UN Sustainable Development Goals
- Goal 9
- Goal 11
- Goal 13
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate change
- Resource efficiency
- Health and safety
- Operational reliability
- Energy
Environmental Achievements
- Achieved zero fossil carbon dioxide emissions from airport operations run under Swedavia’s management in 2020.
- Göteborg Landvetter Airport and Malmö Airport received the highest level of certification according to the Airport Carbon Accreditation.
- Commissioned a 250 kW solar power facility adjacent to Stockholm Arlanda Airport.
Social Achievements
- Implemented a number of activities to strengthen its ability to attract and retain the right employees and the right skills.
- Employee survey shows that an increasing proportion of its employees would recommend Swedavia as an employer.
- Eleven recently arrived Ukrainian citizens were able to find jobs as airport hosts at Stockholm Arlanda Airport.
Governance Achievements
- Swedavia prepares its Sustainability Report in accordance with Global Reporting Initiative (GRI) Standards.
- Updated its green bond framework in 2023.
- Issued a green bond during the year for SEK 100 M.
Climate Goals & Targets
Long-term Goals:
- All flights departing from Swedish airports shall be fossil-free by 2045.
- Net zero emissions from construction and civil engineering by 2040.
Medium-term Goals:
- Fossil-free domestic air travel by 2030.
- All Swedavia’s airports to be ACA 5 certified by 2026.
Short-term Goals:
- Fossil-free airports by 2025.
- 5% of all aviation fuel used for refuelling at Swedish airports will be sustainable by 2025.
Environmental Challenges
- Weak development of air traffic, particularly domestic.
- Risk of weak profitability and challenges for long-term funding.
- Risk of imbalance between capabilities and resources.
- Inadequate occupational health and safety work.
- Negative effect on commercial revenue.
- Operational challenges in adjusting to capacity needs.
- Risk of shutdown in operations.
- Insufficiently comprehensive view in asset management and development.
- Dependence on large customers.
- Cyber risk.
- Risk of negative impact on brand.
- Risk of impact on business due to climate change.
Mitigation Strategies
- The forecast and scenario group monitors scenarios for managing uncertainties about the fall in traffic.
- Well-functioning business intelligence enables events affecting the chosen strategy to be identified in time and allows the company to adapt and take proactive measures.
- Intensified route development work in dialogue with airline customers.
- Continuous dialogue with all of Swedavia’s airline customers has continued and intensified within selected customer segments in order to ensure the long-term growth of traffic.
- Incentive programmes and environmentally-differentiated charges.
- Established a common roadmap to achieve fossil-free Swedish aviation in collaboration with the industry.
- Optimise commercial revenue.
- Review the need for volume-based cost adjustments and lasting structural efficiency improvements on a continuous basis.
- Ensure control over volume-related costs in the event of recovery through management by objectives.
- Adjust investment portfolio to current capacity need as well as current financial position.
- Assess measures to strengthen financial position.
- Monitor the risk of cost increases for the procurement of materials, raw materials, energy and fuel.
- Increased stock levels to manage shortage of materials and components.
- Take inventory of competencies on a continuous basis.
- Strengthen the training organisation to meet new requirements.
- Carry out and give priority to business-critical recruitment to replace staff in key areas.
- Resume forward-looking activities such as leader programmes and skills development.
- Transparent, positive communication that involves employees to encourage engagement and faith in the future.
- Activities and support for leaders in times of uncertainty.
- Collaborate with operators at the airport on recruitment activities.
- System for reporting workplace incidents accessible to all via Swedavia’s intranet and app.
- Tools and support materials to conduct safety walks and safety talks.
- Preventive work through methods and focused risk management template for a good organisational and psychosocial work environment.
- The Projects work environment team works with lessons learnt and develops the construction work environment strategically.
- Increased focus on occupational health and safety issues in procurement for construction projects.
- Market dialogue to understand a new market in terms of willingness to invest, business models and interest in Swedavia’s business and airports.
- Ensure engagement for development plans and product plans to safeguard conditions needed for commercial business.
- Ensure stakeholder dialogue at an early stage.
- Established preparedness and methods of working to adapt spaces based on the current market situation.
- Plan and prepare based on scenarios (low, medium, high) for recovery in traffic and passenger volume.
- Development of analytical tools for capacity.
- Continued work with development plans.
- Secure production schedules for major projects and increased collaboration for structured operational handover.
- Participation in international collaborative organisations in order to jointly influence and create effective solutions.
- Establish a change management process that contributes to the improved performance of projects alongside ongoing operations.
- Operational coordination of processes and operators with a high impact on capacity from a short-term perspective.
- Communication measures and stakeholder dialogue to enable an improved customer experience and increased customer satisfaction.
- Maintenance of critical facilities and systems.
- Active work to prevent injuries and mitigate risks identified.
- Ensure that continuity plans have been developed, updated and tested.
- Ensure high capability to manage in a crisis and during disruptions.
- Further develop administrative management.
- Develop and implement structural capital as models, systems and a common way of working.
- Increased collaboration between administrative management and portfolio management.
- Ongoing business intelligence and establishment of new working methods to meet new and increasing demands for robustness.
- Continuously monitor the financial stability of Swedavia’s large customers.
- Continue to work for a broad customer base and work with great focus for route development to attract new customers.
- Scenario planning has been developed to ensure management in adverse events.
- Ensure compliance with information security management requirements based on the information security classification.
- Training measures to raise risk awareness.
- Preventive work with systems and infrastructure.
- Minimise risk of unauthorised access to information or breaches and increase preparedness for managing risk outcome.
- Active work with brand surveys and analyses to ensure the right initiatives are implemented.
- Communication measures concerning proactive environmental work as well as initiatives that show progress in relevant areas.
- Initiatives that strengthen the brand and inspire trust in Swedavia as an infrastructure operator and in aviation as an efficient and sustainable mode of transport.
- Active participation in the relevant climate panels in partnership with the industry’s other operators and partners.
- Drive the dialogue on a joint roadmap for fossil-free Swedish aviation.
- Work actively to secure the supply and production of sustainable aviation fuel (SAF).
- Review management plans, development plans and masterplans to ensure climate adaptations.
- Safeguard power supply in order to enable access to infrastructure for the green transition.
Supply Chain Management
Responsible Procurement
- Review of all contracts to ensure that all contractual partners are fossil-free by 2025.
Climate-Related Risks & Opportunities
Physical Risks
- extreme weather
Transition Risks
- changes in customer behaviour
- climate-related regulation
Opportunities
- development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards, TCFD, EU Taxonomy, UN Global Compact
Certifications: Airport Carbon Accreditation
Third-party Assurance: KPMG AB
UN Sustainable Development Goals
- Goal 9
- Goal 11
- Goal 12
- Goal 13
Swedavia’s strategic focus and the focus areas for its sustainability work have been developed using its materiality analysis, stakeholder dialogue, continuous business intelligence and analyses of the impact of its own operations on people, the environment and the economy.