Climate Change Data

AF Gruppen

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:35,166 tCO2e (Scope 1 & 2)
Scope 3 Emissions:14,196 tCO2e
Total Energy Consumption:33,660 MWh (Scope 1 & 2)
Waste Generated:288,511 tons (recovered)

ESG Focus Areas

  • Climate and Environment
  • Social Conditions
  • Corporate Governance

Environmental Achievements

  • Reduced greenhouse gas emissions for scope 1 and 2 by 42% compared to 2020 baseline for civil engineering services.
  • Recovered 288,511 tonnes of masses for reuse, reducing CO2 emissions compared to conventional aggregate production.
  • Achieved a 59% greenhouse gas reduction in the renovation of Kommunegården in Sandvika compared to a reference building.
  • 26% reduction in energy consumption at Grand Hotel Terminus renovation project.

Social Achievements

  • LTI rate of 0.8 in 2023 (17 LTI injuries), significantly lower than the industry average.
  • Absence due to illness rate of 4.1% in 2023, lower than the construction and civil engineering sector average.
  • Increased focus on mental health with fundraising, courses, and talks.

Governance Achievements

  • Updated climate risk analysis in 2023, aligned with the TCFD framework.
  • Implemented a new analysis tool (Enin platform) to combat work-related crime.
  • Introduced a mandatory online course on the Transparency Act in 2023.

Climate Goals & Targets

Long-term Goals:
  • Achieve climate neutrality by 2050.
Medium-term Goals:
  • Halve relative greenhouse gas emissions (Scope 1 & 2) by 2030.
  • Halve the amount of unsorted waste sent for incineration and landfill by 2030.
  • Increase proportion of women among salaried employees to 40% and overall to 20%.
Short-term Goals:
  • Increase knowledge about greenhouse gas emissions and waste production.
  • Develop circular products and climate-friendly services.
  • Achieve employee satisfaction score above 5.0.

Environmental Challenges

  • High proportion of diesel use in construction machinery.
  • Variations in earthmoving amounts across different civil engineering projects.
  • Uncertainty about future policy requirements and framework conditions.
  • Increased input costs from suppliers due to energy consumption and environmental requirements.
  • Limited access to emission-free construction machinery in some areas.
  • Increased reporting scope due to CSRD.
  • Challenges related to labour rights in the construction industry.
  • Difficulties in detecting issues like living wages, working hours, and forced labour in subcontractors' value chains.
Mitigation Strategies
  • Setting goals to halve relative greenhouse gas emissions by 2030 and achieve climate neutrality by 2050.
  • Implementing measures to reduce waste produced at construction sites and prioritize recycling.
  • Developing and using innovative solutions to reduce climate and environmental impacts.
  • Close collaboration with clients, suppliers, and subcontractors to identify and select suitable solutions.
  • Building mobile charging stations for heavy construction machinery.
  • Developing innovative solutions for efficient sustainability data reporting.
  • Investing in internal skills development and attracting relevant expertise.
  • Implementing systems and procedures to ensure subcontractors' compliance with laws and regulations.
  • Conducting on-site inspections and spot checks to verify compliance.
  • Using tools like StartBANK and internal blacklisting to assess and manage supplier risks.
  • Introducing mandatory HSE courses for subcontractors.

Supply Chain Management

Responsible Procurement
  • AF Supplier Declaration; Code of Conduct; Transparency Act compliance; zero tolerance for breaches; use of StartBANK and risk filter; internal blacklisting.

Climate-Related Risks & Opportunities

Physical Risks
  • Acute physical risk (extreme weather events)
  • Chronic physical risk (temperature changes, sea level rise)
Transition Risks
  • Unpredictable policy and contract terms
  • Price increases associated with CO2 emissions
  • Disputes and litigation
  • Increased reporting scope
  • Changing demand for climate-friendly products
  • Increased input costs
  • Limited access to technology and materials
  • Introduction and development of new technologies
  • Changed customer behavior
Opportunities
  • Resource efficiency and circularity
  • Increased demand for climate-friendly products and services
  • Development of innovative solutions
  • Increased demand due to extreme weather events
  • Employee value proposition

Reporting Standards

Frameworks Used: TCFD, EU Taxonomy, UN Global Compact, GRI (implied)

Certifications: BREEAM, Miljöbyggnad, ISPS (for AF Environmental Base Vats)

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation and infrastructure)
  • Goal 11 (Sustainable cities and communities)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)

AF's initiatives contribute to these goals through various projects related to renewable energy, sustainable construction, waste reduction, and climate change mitigation.

Sustainable Products & Innovation

  • Low-carbon concrete; upcycled maritime metal building materials.