Creating Shared Value in communities through construction


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SE Sweden


About the project Edit

Skanska AB, is a multinational construction and development company based in Sweden, where it also is the largest construction company. It has international divisions, including operations in the U.S.

Skanska was the No. 1 "Green Builder" in the United States in 2007[11] and was ranked No. 3 "Green Contractor" in the United States 2008.[12] In 2011, Skanska was ranked the greenest company in the United Kingdom, despite belonging to an industry with a generally high environmental impact.[13] An official vision stated by Skanska is “the five zeros”: zero loss-making projects, work site accidents, environmental incidents, ethical breaches and defects.

Skanska is motivated by a strong commitment to have a positive social and environmental impact. They go beyond traditional "green" initiatives such as the Lead certification to ensure that environmental impact is minimized across the board. The well-being of employees and the communities where they operate are crucial to their activities. Their commitments are not only limited to their actions, but take into account every actor involved in their operations such as subcontractors.

In 2012, Skanska was ranked the 9th largest contractor in the world and the 7th largest contractor in the United States.

In what ways is this project unique and creative? Edit

In the design and construction community, the environmental focus is too often on what is being built: perhaps a facility targeting a level of LEED® certification or Living Building Challenge certification, or seeking to exceed ASHRAE 90.1 standards.

Those are wonderful measures for whoever will use a building after construction, but they say very little about those involved in construction – yet the volume of green work a contractor has is the basis for any number of green rankings. The truth is, the building team can influence the client’s wishes, but they don’t directly control them.

Because of its commitment to diversity and its desire to include local small enterprises in construction projects, Skanska has put together, in the US, a program to help small businesses act as subcontractor for big projects. While its competitors have benefited from this expanded pool of well-trained subcontractors, so have they. The real winners are the communities where these subs work every day. Locally based small businesses can grow with new work. They spend more dollars locally. And in many cases, they walk away with the pride that comes from work well done – the kind of feeling that inspires the next project, and ideally, generations of people in a healthy local business environment.

What is the social value of this project? Edit

The building industry has the potential to accelerate the journey toward a more sustainable future. It has the ability to create shared value in communities, helping bolster small business and keeping construction dollars in the places where the projects are. Long term, that’s helping support a local business community. Building sustainably also means keeping workers safe and working in an ethical manner. It means operating responsibly and transparently

What is the potential of this project to expand and develop? Edit

Skanska is one of the biggest construction companies in the world. Their success in integrating positive social and environmental practices could positively influence other construction enterprises.

What was the triggering factor of this project? Edit

What is the business model of this project? Edit

Skanska is a major construction company worldwide. Their environmental and social initiatives have allowed them to have a positive impact on the communities where they operate. While safety and business ethics rely more of traditional CSR initiatives, "Green Business" is at the core of Skanska's Profitable Growth strategy.

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