STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Skanska (STO:SKAB) is establishing a new global unit charged with supporting the Group’s worldwide operations in the rapid dispersal and commercialization of technology, solutions and business models for green construction. The venture is an extension of Skanska’s intensive work in recent years to map and develop various global solutions, methods and pilot projects to create buildings that are energy-efficient and have low environmental impact. The new unit for green business will be called Skanska Green Business and will be headed from Stockholm but will have employees throughout Skanska’s operations in Europe and the United States. Cecilia Fasth will head the new unit as GBO at Skanska and will report to Skanska’s President and CEO Johan Karlström. “Increasing the pace of, spreading and commercializing green construction globally is currently the highest priority at Skanska. The company realizes that green construction is becoming a mature product. The technology and competence required to construct energy-efficient and environmentally correct projects on a large scale is now available and it also makes for economically viable business. Accordingly, now is the time to act,” says Johan Karlström, President and CEO of Skanska. Buildings currently account for 40 percent of global carbon emissions during their lifetime, which is more than, for example, the automotive industry where there now is a rapid progression toward more fuel-efficient cars. Skanska wants to lead a corresponding development in the construction sector. Skanska Green Business will work to enhance the green offering for Skanska’s customers. This may include solutions and agreements regarding continuous upgrades to ensure that a property remains as energy efficient as possible, even years after it was constructed or renovated. Cecilia Fasth has worked at Skanska since 1996 and held a number of positions in commercial property development. She has been President of Skanska Fastigheter Gothenburg since 2006.
