HOCHTIEF
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
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- Provide a detailed explanation of how the transition plan for climate change mitigation is integrated into and aligned with your company's overall business strategy and financial planning.
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Question Id: E1-1_13
For HOCHTIEF, climate change has long been a fundamental and central focus in its Group-wide environmental sustainability strategy. We plan to expand this strategic focus with the aim of making all our business activities climate-neutral in the long term (for further information, please refer to HOCHTIEF’s GHG reduction targets), and with the goal of supporting our clients through our projects in successfully adapting to climate change. To this end, HOCHTIEF has gathered data on greenhouse gases for over ten years and worked continuously on methodically improving Group-wide coverage, accuracy, and tracking in order to facilitate avoiding and effectively managing GHG emissions in all activities.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed account of the climate change mitigation actions undertaken and planned, categorized by decarbonisation lever, including the incorporation of nature-based solutions, as required under Disclosure Requirement E1-3 concerning actions and resources related to climate change policies.
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Question Id: E1-3_01
The actions in the transition plan can be thematically assigned to four main decarbonization levers: Cooperation with Clients and Partners, Low emission construction materials, Increasing Efficiency and Effectivity, and Renewable Energy. These actions address HOCHTIEF’s main emission sources and pave the way for continuous reduction of GHG emissions in all scope categories. Responsibility for implementation lies with the operational units, and progress is tracked against targets. The actions extend across all business activities and apply to all operating regions.
Report Date: 4Q2024Relevance: 70%