HOCHTIEF
ESRS disclosure
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- Provide a detailed account of whether and how your organization has established GHG emissions reduction targets or any other relevant targets to manage significant climate-related impacts, risks, and opportunities. This includes, but is not limited to, initiatives such as renewable energy deployment, energy efficiency improvements, climate change adaptation strategies, and measures for mitigating physical or transition risks.
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Question Id: E1-4_01
The GHG emission targets were approved by the Executive Board together with the Sustainability Plan 2025 as a fundamental commitment. These greenhouse gas reduction targets based on climate scenarios are science-based and were developed with external experts in line with the 1.5 degree target in the Paris Climate Agreement on the basis of the requirements of the SBTi. However, they have not yet been externally verified. The base year of 2019 was selected due to the COVID pandemic, as our business in that year was not affected by significant external factors. By tracking our emissions in the material Scope 1, 2 and 3 categories described above on a quarterly basis in accordance with the GHG Protocol, we ensure that our targets are consistent with the limits of our greenhouse gas inventory while measuring the effectiveness of our decarbonization levers (actions). Decarbonization requires significant technological advancements, particularly in construction materials as well as machinery and equipment. We are very much dependent on our suppliers in this respect and will be working with them to help drive these advancements forward. Due to the strong interactions and cross-scope effects between the various decarbonization levers, the individual reduction contributions cannot be precisely estimated. The current status with regard to the targets directly reflects the progress of our transition plan.
Report Date: 4Q2024Relevance: 85%
- Has the undertaking established GHG emission reduction targets, and if so, are these targets disclosed in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to a base year, and where applicable, in intensity value?
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Question Id: E1-4_02
The undertaking has established GHG emission reduction targets. For Scope 1 emissions, the target is at least a 20% reduction by 2025 relative to the 2019 base year and climate neutrality by 2038. The baseline is 371,597 t CO2e (100%). Up to the end of the reporting year, absolute Scope 1 emissions were reduced by 159,493 metric tons compared to 2019, corresponding to a 43% reduction. Scope 1 intensity was reduced by no less than 52% compared to 2019.
Report Date: 4Q2024Relevance: 100%
- Has the undertaking established greenhouse gas emission reduction targets? If so, disclose these targets in absolute terms, specifying either the total tonnes of CO2 equivalent or as a percentage relative to a base year's emissions. Additionally, provide the intensity value where applicable.
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Question Id: E1-4_03
The undertaking has established GHG emission reduction targets. For Scope 1 emissions, the target is at least a 20% reduction by 2025 relative to the 2019 base year and climate neutrality by 2038. The baseline is 371,597 t CO2e (100%). Up to the end of the reporting year, absolute Scope 1 emissions were reduced by 159,493 metric tons compared to 2019, corresponding to a 43% reduction. Scope 1 intensity was reduced by no less than 52% compared to 2019.
Report Date: 4Q2024Relevance: 100%
- Has the undertaking established targets for reducing greenhouse gas emissions? If so, disclose these targets in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to the emissions of a base year, and, if applicable, provide the intensity value.
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Question Id: E1-4_04
The undertaking has established GHG emission reduction targets. For Scope 1 emissions, the target is at least a 20% reduction by 2025 relative to the 2019 base year and climate neutrality by 2038. The baseline is 371,597 t CO2e (100%). Up to the end of the reporting year, absolute Scope 1 emissions were reduced by 159,493 metric tons compared to 2019, corresponding to a 43% reduction. Scope 1 intensity was reduced by no less than 52% compared to 2019.
Report Date: 4Q2024Relevance: 100%
- Has the undertaking established targets for the reduction of greenhouse gas emissions? If so, disclose these targets in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to a base year. Additionally, provide the intensity value of the total greenhouse gas emissions reduction, where applicable, in accordance with Disclosure Requirement E1-4 concerning climate change mitigation and adaptation.
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Question Id: E1-4_05
The undertaking has established GHG emission reduction targets. For Scope 1 emissions, the target is at least a 20% reduction by 2025 relative to the 2019 base year and climate neutrality by 2038. The baseline is 371,597 t CO2e (100%). Up to the end of the reporting year, absolute Scope 1 emissions were reduced by 159,493 metric tons compared to 2019, corresponding to a 43% reduction. Scope 1 intensity was reduced by no less than 52% compared to 2019.
Report Date: 4Q2024Relevance: 95%
- Has the undertaking established greenhouse gas emission reduction targets, and if so, are these targets disclosed in absolute values, either in tonnes of CO2 equivalent or as a percentage relative to a base year, and where applicable, in intensity values?
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Question Id: E1-4_06
The undertaking has established GHG emission reduction targets. For Scope 1 emissions, the target is at least a 20% reduction by 2025 relative to the 2019 base year and climate neutrality by 2038. The baseline is 371,597 t CO2e (100%). Up to the end of the reporting year, absolute Scope 1 emissions were reduced by 159,493 metric tons compared to 2019, corresponding to a 43% reduction. Scope 1 intensity was reduced by no less than 52% compared to 2019.
Report Date: 4Q2024Relevance: 95%
- What is the percentage reduction in Scope 1 Greenhouse gas emissions compared to the base year, as per Disclosure Requirement E1-4 concerning climate change mitigation and adaptation targets?
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Question Id: E1-4_07
Up to the end of the reporting year, absolute Scope 1 emissions were reduced by 159,493 metric tons compared to 2019, corresponding to a 43% reduction.
Report Date: 4Q2024Relevance: 90%
- Provide the intensity value of Scope 1 Greenhouse gas emissions reduction as part of the disclosure requirement E1-4 concerning targets related to climate change mitigation and adaptation. If your organization has established GHG emission reduction targets, disclose these targets in absolute terms, either in tonnes of CO2 equivalent or as a percentage relative to a base year's emissions, and include the intensity value where applicable.
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Question Id: E1-4_08
Scope 1 intensity was reduced by no less than 52% compared to 2019.
Report Date: 4Q2024Relevance: 80%
- Has your company established greenhouse gas emission reduction targets related to climate change mitigation and adaptation? If so, disclose these targets in absolute values, either in tonnes of CO2 equivalent or as a percentage of emissions from a base year, and include intensity values where applicable.
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Question Id: E1-4_09
The undertaking has established GHG emission reduction targets. For Scope 1 emissions, the target is at least a 20% reduction by 2025 relative to the 2019 base year and climate neutrality by 2038. The baseline is 371,597 t CO2e (100%). Up to the end of the reporting year, absolute Scope 1 emissions were reduced by 159,493 metric tons compared to 2019, corresponding to a 43% reduction. Scope 1 intensity was reduced by no less than 52% compared to 2019.
Report Date: 4Q2024Relevance: 100%
- Has the undertaking established greenhouse gas (GHG) emission reduction targets, and if so, what is the percentage of location-based Scope 2 GHG emissions reduction relative to the emissions of the base year? Provide this information in absolute terms, either in tonnes of CO2 equivalent or as a percentage, and include intensity values where applicable.
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Question Id: E1-4_10
Up to the end of the reporting year, absolute Scope 2 emissions (location-based) were reduced by 30,579 metric tons compared to 2019, corresponding to a 28% reduction. Scope 2 intensity was reduced by no less than 39% compared to 2019.
Report Date: 4Q2024Relevance: 95%