Conflicts and Corruption

Sponsorship

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We select sponsoring activities that focus on opportunities that are related to our business and align with our values and strategy on sustainability. We make sure that we approach any sponsorship arrangements with integrity and transparency.

This means that we:

Are careful when selecting sponsorship activities, ensuring the sponsored party and Skanska have similar values and the activity is related to our business
Always consider the risk of bribery and never use sponsorship to improperly influence our business processes
Obtain senior-level approval in accordance with the limits of authority set by our business unit before agreeing to a sponsorship on our behalf

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A sponsorship is a transaction made with the expectation of a commercial benefit. When we make a payment, in cash or in kind, to associate our brand with an activity or organization, that is considered a sponsorship.

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A customer asked me if Skanska would sponsor her daughter’s youth soccer team. What should I do?

Our sponsorships should be transparent, mutually beneficial commercial arrangements that do not create any conflict of interest, such as the appearance of customer favoritism. There should also be a clear connection to our values and business. As these conditions are not met in this circumstance, please decline the sponsorship request.

Questions or concerns?

If you have routine queries, your manager is the place to start. For commercial questions, contact your Communications team. For concerns about potential conflicts of interest, speak to your Ethics team.