What are Mission Vision & Core Values of Skanska Company?

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What drives the global construction leader?

Mission and vision statements, along with core values, are the strategic compass for any successful business. They guide decisions, foster corporate identity, and ensure long-term viability. These statements articulate an organization's purpose, aspirations, and ethical principles, providing a clear framework for all stakeholders.

What are Mission Vision & Core Values of Skanska Company?

A global project development and construction group, holds a significant industry position. With a global revenue totaling SEK 177 billion (approximately US$17.3 billion) in 2024 and a workforce exceeding 27,000 employees worldwide, their foundational statements are crucial. For a deeper dive into their market dynamics, consider reviewing the Skanska Porter's Five Forces Analysis.

What are the Mission, Vision, and Core Values of this prominent company?

Key Takeaways

  • Skanska's mission focuses on creating sustainable solutions for the future, aligning with a vision of a world where sustainability is integral to living.
  • The company's core values emphasize ethical conduct, a collaborative spirit, and a customer-centric approach, guiding their business practices.
  • Skanska demonstrates a strong commitment to sustainability, evidenced by significant carbon emission reduction targets for 2024.
  • Their strategic focus on sectors like US infrastructure and data centers, supported by a proposed 2024 dividend of SEK 8.00 per share, highlights their commercial success derived from their values.
  • Skanska's purpose of building for a better society through sustainable and ethical practices is crucial in an industry responsible for approximately 40% of global energy-related carbon emissions.

Mission: What is Skanska Mission Statement?

Skanska's mission is 'to provide innovative and sustainable solutions to create a sustainable future for its people, customers, and communities.'

This mission highlights Skanska's commitment to delivering advanced and environmentally responsible solutions. The company aims to benefit its employees, clients, and the broader society through its work in construction and project development. This focus on sustainability and community impact is central to Skanska's operations.

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Sustainable Solutions

Skanska provides innovative and sustainable solutions across its projects. This includes green building practices and eco-friendly infrastructure.

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Future-Focused

The company aims to create a sustainable future for its people, customers, and communities. This long-term perspective guides its strategic objectives and values.

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Commitment to Safety

Safety is a core value, reinforced by continuous efforts to ensure secure working environments. This commitment protects employees and project integrity.

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Ethical Operations

Skanska upholds strong ethical values in all its business practices. This ensures transparency and integrity in every interaction.

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Community Investment

The company actively invests in the communities where it operates. This contributes to local development and social well-being.

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Diversity and Inclusion

Skanska promotes diversity and inclusion within its workforce. This fosters a rich and equitable corporate culture.

Skanska's mission is to provide innovative and sustainable solutions, creating a sustainable future for its people, customers, and communities. This is reinforced by a continued commitment to Safety, Ethics, Green initiatives, Community Investment, and Diversity and Inclusion. These principles relate directly to Skanska's core business and expertise, impacting its surroundings positively. Working with customers and communities, Skanska has a responsibility and opportunity to influence and contribute to society in a positive way. This Skanska mission statement clearly identifies its target customers as people, customers, and communities, emphasizing a broad societal impact beyond just direct clients. The products and services offered are 'innovative and sustainable solutions' within the project development and construction sectors, covering buildings, infrastructure, homes, and commercial properties. The market scope is global, operating across select markets in the Nordics, Europe, and the USA. A unique value proposition is its strong commitment to sustainability, safety, ethics, community investment, and diversity, positioning Skanska as a responsible and forward-thinking industry leader. For instance, Skanska's commitment to sustainability is evident in its progress towards net-zero carbon emissions by 2045, having reduced Scope 1 and 2 emissions by 61% from 2015 and Scope 3 emissions by 37% from 2020 as of 2024. Another example is the Portland International Airport redevelopment, completed in its first phase in 2024, which features a 36,400 square meter mass timber roof and extensive natural elements, showcasing their dedication to green and innovative solutions for communities. The Skanska company purpose and goals are strongly customer-centric and innovation-focused, with a primary orientation towards creating a positive societal impact. You can learn more about the Target Market of Skanska to understand how these values align with their strategic approach. The Skanska business philosophy emphasizes a holistic approach to corporate social responsibility, ensuring that their Skanska leadership principles guide every project towards sustainable outcomes. These Skanska core values explained demonstrate a deep commitment to not just construction, but also to societal betterment and environmental stewardship, reflecting Skanska's vision for the future.

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Vision: What is Skanska Vision Statement?

Skanska's vision is 'to make the best products on earth, and to leave the world better than we found it.'

Skanska's vision is to see a world where sustainability is simply built into living. Together with its partners, the company is building for a better society, creating innovative and sustainable solutions that support living beyond our lifetime. This vision is profoundly future-oriented, aspiring to integrate sustainability seamlessly into the fabric of daily life and to create lasting value for generations. Its scope extends beyond mere construction, aiming for global impact by fundamentally reshaping the built environment.

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Skanska Vision for the Future

Skanska envisions a future where sustainable practices are integral to all construction, fostering a better society through innovative solutions.

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Commitment to Innovation Values

In 2024, Skanska received Procore's Groundbreaker Award for Excellence in Innovation, recognizing their leading role in adopting transformative technologies.

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Skanska Sustainability Mission

Their continued investment in sustainable solutions, such as mass timber and decarbonization efforts, demonstrates a tangible commitment to this vision.

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Skanska Strategic Objectives and Values

As of Q2 2025, Skanska's construction segment reported a 3.9% operating margin, an improvement from 3.5% in 2024, highlighting operational efficiency.

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Skanska Business Philosophy

The company's vision, while not explicitly stating market leadership, implies a desire to lead the industry in responsible development.

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Skanska Company Purpose and Goals

Skanska's approach to corporate social responsibility aligns with its long-term strategic goals, focusing on lasting societal impact.

Skanska's vision for the future is deeply rooted in integrating sustainability into every aspect of living. This commitment extends beyond traditional construction, aiming to create lasting value for generations. The company's focus on innovative and sustainable solutions, such as the use of mass timber and efforts to decarbonize the built environment, underscores its dedication to this vision. For more insights into how Skanska achieves its goals, explore the Revenue Streams & Business Model of Skanska. This vision is realistic yet highly aspirational, particularly given Skanska's current trajectory and market position, as evidenced by their operational efficiency with a 3.9% operating margin in Q2 2025.

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Values: What is Skanska Core Values Statement?

Skanska operates with four official core values that underpin its operations and guide its corporate culture. These Skanska company values are integral to its business principles and shape its corporate culture, reflecting a deep sense of responsibility and integrity.

The four core values are Care for Life, Act Ethically & Transparently, Be Better – Together, and Commit to Customers. These Skanska core values explained differentiate the company by embedding responsibility, integrity, collaboration, and customer focus into every facet of its business.

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This value emphasizes the paramount importance of health, safety, and environmental stewardship, mandating proactive measures to protect both people and the planet. Skanska's commitment to achieving net-zero carbon emissions by 2045, with significant reductions in Scope 1, 2, and 3 emissions already achieved by 2024, directly manifests this value.

Icon Act Ethically & Transparently

This value stresses individual responsibility to lead by example, uphold the highest integrity, and ensure transparency in all dealings. This manifests in their business practices through strict adherence to a Code of Conduct and transparent reporting, as seen in their detailed Annual and Sustainability Report 2024.

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This value promotes collaboration, continuous learning, and shared knowledge, fostering an inclusive culture of openness, fairness, trust, and respect. This is evident in their use of platforms like the VDC Knowledge Network and Tech Concierge Network to foster collaboration and share insights across projects, aligning with Skanska leadership principles.

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This value places customer success at the forefront, emphasizing active listening to understand needs and providing tools to help clients achieve their goals. This is reflected in their strategic project selection, focusing on strong demand in US infrastructure and data center sectors in 2024 and 2025, as discussed in the Growth Strategy of Skanska.

These Skanska company core values provide a robust framework for its operations. To understand how Skanska's mission and vision influence its strategic decisions, continue reading the next chapter.

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How Mission & Vision Influence Skanska Business?

A company's mission and vision are fundamental to its strategic direction, shaping how it approaches market opportunities and operational challenges.

These guiding principles directly influence every decision, from long-term investment to day-to-day execution, ensuring alignment with the overarching goals and purpose.

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Skanska's Guiding Principles

Skanska's mission and vision are deeply integrated into its business strategy, directly informing strategic decisions and operational planning.

  • The company's mission focuses on providing innovative and sustainable solutions.
  • Its vision is to build for a better society, shaping healthy living beyond their lifetime.
  • These statements influence strategic focus on high-growth, sustainable sectors.
  • Skanska's commitment to net-zero carbon emissions by 2045 is a direct outcome of these principles.
  • Their 'Commit to Customers' value guides a selective bidding strategy.
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Strategic Alignment in Action

The company's strategic decisions are consistently guided by its mission and vision. For example, their strong performance in 2024, marked by a record-high order backlog, was significantly bolstered by strategic investments in US infrastructure and the data center sector. These areas align with their commitment to sustainability and societal improvement.

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Sustainability as a Core Driver

Skanska's goal of achieving net-zero carbon emissions by 2045 directly influences product development and market expansion. This commitment is reflected in their operational achievements; by 2024, their Scope 1 and 2 emissions were 61% lower than the 2015 benchmark, and Scope 3 emissions were 37% lower than the 2020 benchmark.

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Selective Growth and Financial Prudence

The 'Commit to Customers' value, as articulated by CEO Anders Danielsson in 2024, emphasizes a selective approach to project bidding. This ensures that only projects with sound financial fundamentals and a clear business case are pursued, particularly in areas of competitive advantage like the US civil market.

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Operational Efficiency and Profitability

This strategic alignment translates into tangible financial results. Skanska's Construction segment reported an operating margin of 3.9% in Q2 2025, an increase from 3.5% in 2024, demonstrating the effectiveness of their cost control and project execution driven by their core principles.

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Impact on Stakeholders

The clear articulation of Skanska's mission, vision, and values provides transparency and direction for all stakeholders, including Owners & Shareholders of Skanska, fostering trust and shared commitment to long-term success.

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Future Outlook

Skanska's strategic objectives and values are clearly defined, guiding its path toward sustainable growth and societal contribution.

Skanska's mission and vision are not mere statements but active drivers of its strategic decisions, ensuring a consistent focus on sustainability and societal impact. Discover how these core principles can be further refined in the next chapter: Core Improvements to Company's Mission and Vision.

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What Are Mission & Vision Improvements?

Enhancing Skanska's mission and vision statements can further solidify its market leadership and commitment to innovation. These statements, when finely tuned, can better reflect the company's forward-thinking approach and its significant impact on global development.

Icon Explicit Global Market Leadership Aspiration

Skanska's vision could more explicitly state its ambition for global market leadership in development and construction, complementing its strong sustainability focus. This would clearly position it among the world's largest players in the sector.

Icon Quantifiable Innovation and Sustainability Goals

Incorporating quantitative targets for market share or innovation leadership in sustainable construction would strengthen the vision. For example, aiming to be the 'undisputed global leader in sustainable urban and infrastructure development' aligns with current ESG priorities.

Icon Integration of Digital Transformation and Smart Cities

The mission and vision could more directly highlight Skanska's role in digital transformation and smart city development, reflecting its innovative edge. This includes leveraging AI and advanced analytics, as demonstrated by their Intellekt platform which achieved 34% customer savings in 2024.

Icon Emphasis on Adaptability and Diversification

Given market fluctuations, such as the Nordic housing market's weakness and US commercial property challenges, Skanska could enhance its vision by emphasizing adaptability and diversification in its development strategies, beyond its core sustainability mission.

Skanska's mission statement centers on building for a better society, reflecting a deep commitment to sustainable development and social responsibility. This purpose statement guides their operations across various projects, aiming to create lasting value for clients, communities, and the environment. The company's vision is to be a leader in sustainable construction and development, driving positive change through innovation and ethical business practices. These aspirations are underpinned by Skanska's core values, which include safety, customer focus, respect for individuals, ethical behavior, and a commitment to excellence. These company values form the bedrock of their corporate culture, influencing decision-making and daily operations. Skanska's business principles emphasize integrity and transparency, ensuring they operate responsibly in all markets. Their leadership principles are geared towards fostering a collaborative and empowering work environment, encouraging employees to contribute to the company's strategic objectives and values. Skanska's commitment to innovation values is evident in their continuous pursuit of new technologies and methods to improve efficiency and sustainability, as seen in their 2024 Groundbreaker Award for innovation. The company's impact on society values is demonstrated through its focus on creating safe, sustainable, and inclusive environments. Skanska's employee values promote a culture of learning and development, ensuring their workforce is equipped to meet future challenges. Their approach to corporate social responsibility is integrated into their business strategy, aiming to create shared value. Skanska's strategic objectives and values are closely aligned, with a strong emphasis on sustainability and long-term growth. Their commitment to safety values is paramount, striving for zero accidents on all sites. Ultimately, Skanska's company mission vision and strategy are cohesive, focusing on responsible growth and positive societal impact, making them a significant player in the global construction and development landscape, as detailed in the Competitors Landscape of Skanska.


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