This analysis revealed no material locked-in greenhouse gas emissions from key HOCHTIEF assets and products that may jeopardize the attainment of our emission reduction targets or drive transition risks. We deliver projects to our clients largely in the capacity of managing contractor, meaning that we have neither major assets nor products with material locked-in emissions.

For HOCHTIEF, climate change has long been a fundamental and central focus in its Group-wide environmental sustainability strategy. The company aims to expand this strategic focus with the goal of supporting clients through projects in successfully adapting to climate change. HOCHTIEF has gathered data on greenhouse gases for over ten years and worked continuously on methodically improving Group-wide coverage, accuracy, and tracking to facilitate avoiding and effectively managing GHG emissions in all activities. These activities are enshrined in HOCHTIEF's position paper on climate change mitigation and adaptation and its transition plan for climate change mitigation (Net Zero Roadmap). The position paper on climate change mitigation and adaptation was coordinated with all operational units and applies Group-wide.