HOCHTIEF
ESRS disclosure: ESRS E1 \ DR E1-2 \ Paragraph 25
Tags Tree
- Indicate whether and how your company's policies address the areas related to climate change mitigation and adaptation as outlined in Disclosure Requirement E1-2.
-
Question Id: E1-2_01
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.
Report Date: 4Q2024Relevance: 85%
- Has your company established greenhouse gas (GHG) emission reduction targets, and if so, can you disclose these targets in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to the emissions of a base year? Additionally, where applicable, provide these targets in intensity value.
-
Question Id: E1-4_13
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%