Commercial, Energy Efficiency, GHG Emissions  -  October 30, 2024

Sweco’s Targets Approved by SBTi

Sweco, a European architecture and engineering consultancy, received validation and approval of its near-term emissions reduction targets by the Science Based Targets initiative (SBTi). 

In the near-term, the company committed to lower absolute Scope 1 and 2 GHG emissions by 90% and Scope 3 GHG emissions by 30% by 2030 from a 2020 base year. The targets were validated and approved by SBTi and are consistent with halving total emissions by 2030. 

“We are pleased to have our near-term climate targets validated by SBTi, confirming their alignment with what the latest climate science considers necessary to limit global warming to 1.5⁰C. This is a testimony to Sweco’s climate action ambitions. As architects and engineers, we are uniquely positioned to influence and design sustainable solutions that meet the challenges of climate change and the SBTi validation is a clear signal for our clients and suppliers to join us in transforming society together,” says Åsa Bergman, President and CEO of Sweco, in a statement. 

Sweco’s long-term target remains to lower emissions across the company’s value chain and to achieve climate neutrality by 2040. 

The company’s climate footprint in 2023 amounted to 66,449 tons CO2e. Compared with the base year 2020, in 2023, Scope 1 emissions decreased 25%, Scope 2 emissions were down 36% and Scope 3 emissions increased 18% as a consequence of increased business activities. In total, emissions increased 2% in 2023 compared with the base year 2020.