HOCHTIEF
Construction & Engineering
Germany
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 i
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- Has the transition plan for climate change mitigation been approved by the administrative, management, and supervisory bodies?
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Question Id: E1-1_14
The reduction targets are science-based, align with the 1.5 degree target under the Paris Climate Agreement and the requirements of the Science Based Targets initiative (SBTi), and have been formally adopted by the HOCHTIEF Executive Board.
Report Date: 4Q2024Relevance: 75%
- Has your company established greenhouse gas emission reduction targets, and if so, are these targets disclosed in absolute terms (either in tonnes of CO2 equivalent or as a percentage of emissions from a base year) and, where applicable, in intensity value?
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Question Id: E1-4_17
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%