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Proof of progress - Skanska

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52 53 56Safety training andawareness<strong>Pro<strong>of</strong></strong> <strong>of</strong> commitment –SOS Children’s Village<strong>Pro<strong>of</strong></strong> <strong>of</strong> performance –Empire State Building<strong>Skanska</strong> is committed to providing sustainable living and workingenvironments for future generations. During 2008 the Company madesignificant <strong>progress</strong> across all aspects <strong>of</strong> its sustainability agenda.What a ratingsagency says:“In the recent oekomCorporate Rating for theconstruction industry,<strong>Skanska</strong> is one <strong>of</strong> only threecompanies to have reachedoekom Prime Status, showingthat it is among the leadersin the industry and thatit meets industry-specificminimum criteria.<strong>Skanska</strong> showed astrong performancein environmental aspectsrelated to its products andservices such as energyefficiency, water andresource efficiency as wellas hazardous substances. Italso performed well in theoverall staff and suppliersection.The company still needsto tackle some issues,especially with regard tobusiness ethics and theprevention <strong>of</strong> business malpractice.<strong>Skanska</strong>’s reportingis comprehensive, andfocuses strongly on casestudies. From the point <strong>of</strong>view <strong>of</strong> a SRI rating agency, amore consolidated approachto reporting would bewelcome.”oekom Research is one <strong>of</strong> theworld’s leading ratings agencies,specialising in sustainableinvestment.The world economy is undergoing rapidchange; with many countries experiencingrecession for the first time in a generation.The economic downturn has beenboth swift and deep, having a pr<strong>of</strong>oundeffect on industry. Construction is one <strong>of</strong>the sectors that has been hardesthit by recent events in the financial markets. At the sametime, it is the very sector that can contribute significantlyto a more sustainable society. For example, it potentiallyhas the most to <strong>of</strong>fer in terms <strong>of</strong> reducing and managingthe effects that climate change will have on the planet. Alarge proportion <strong>of</strong> the world’s man-made greenhousegas emissions originate in the built environment.Through careful planning, the use <strong>of</strong> green constructiontechniques and thoughtful building management,the cradle-to-grave footprint <strong>of</strong> all structures can bereduced significantly. There is a big challenge that will befaced by <strong>Skanska</strong> and its customers during the next fewyears. That challenge is: does one continue to innovateand lead in terms <strong>of</strong> sustainable construction and greenbuilding techniques, during a time when many businesseswill be focusing purely on riding the economicroller-coaster? The answer is a resounding “yes”. There isa growing body <strong>of</strong> evidence, both from within <strong>Skanska</strong>and externally among environmental and social thoughtleaders, that companies that take sustainability seriouslyare actually in better shape during the difficult dips ineconomic cycles. This is a view shared by many sociallyresponsible investors, as well as customers in the privateand public sectors.During 2008, <strong>Skanska</strong>’s Sustainability Agenda wasrefined and improved. The challenges and opportunitiesfor the business, in terms <strong>of</strong> sustainability, are nowwell defined; and have been addressed by a series <strong>of</strong>SocialAgendaHumanresourcesenhanced polices and strategies, all <strong>of</strong> which are now inplace. These high level aspirations cover every aspect <strong>of</strong>the operation, from health and safety to human rights,energy efficiency to diversity. From an operational perspective,systems, procedures and processes are nowbeing defined and implemented that will help to deliver<strong>Skanska</strong>’s vision <strong>of</strong> contributing to a more sustainableworld. The year represented a period <strong>of</strong> tremendous<strong>progress</strong>, particularly in terms <strong>of</strong> being able to deliver evidence<strong>of</strong> this commitment.For example, the environmental policy and strategypublished in 2008 set out new Key Performance Indicators(KPIs) that are now being measured. <strong>Skanska</strong>believes that these KPIs provide more relevant, robust andreliable reporting information, as well as more meaningfulyear-on-year comparisons. Since this is the first year<strong>of</strong> the company’s long-term strategy, the KPI results willform the basis <strong>of</strong> future Sustainability Reviews. Old statisticsthat were previously reported have therefore notbeen included for comparison in this review, unless theycontinue to carry meaning and relevance. Meanwhile, thedelivery <strong>of</strong> information internally and externally, particularlyvia the web, is generating interest and acknowledgementfrom expert bodies. In a recent Global ReportingInitiative publication on reporting practices, <strong>Skanska</strong> wasone <strong>of</strong> only four European companies selected for review.Among the selection criteria were quality and the availability<strong>of</strong> a sustainability report.<strong>Skanska</strong> is proud <strong>of</strong> its position in the constructionsector. Sustainability is at the very heart <strong>of</strong> the organization,with transparency and leadership evident in manyaspects <strong>of</strong> the projects that were delivered during 2008.Good examples <strong>of</strong> this commitment are illustratedthroughout this review.Healthand SafetyCorporatecommunityinvolvementBusinessethicsOne Kingdom Street in PaddingtonCentral,London, U.K.incorporates many examples<strong>of</strong> <strong>Skanska</strong>’s green constructiontechniques for minimizingenergy and water consumption.<strong>Skanska</strong>SustainabilityAgendaEnvironmentalAgendaEconomicAgendaEnergyandClimateProjectselectionMaterialsSupplychainEcosystemsValueaddedLocalimpactsDrawing on the framework <strong>of</strong>the Global Reporting Initiative,<strong>Skanska</strong>’s own SustainabilityAgenda has been developedinto 11 high priority areas.<strong>Skanska</strong> Review <strong>of</strong> 2008 – EUR version Sustainable development 51

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