HOCHTIEF
ESRS disclosure: E1-4_23
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- Provide a detailed description of the expected decarbonisation levers and their overall quantitative contributions towards achieving the GHG emission reduction targets, as outlined in Disclosure Requirement E1-4 concerning climate change mitigation and adaptation. Include specific strategies such as energy or material efficiency, consumption reduction, fuel switching, utilization of renewable energy, and the phase-out or substitution of products and processes.
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Question Id: E1-4_23
Up to the end of the reporting year, we had already reduced absolute Scope 1 emissions by 159,493 metric tons compared to 2019, our base year, corresponding to a 43% reduction. Taking into account our increased sales, we have reduced Scope 1 intensity by no less than 52% compared to 2019. We achieved this significant reduction through extensive project-level and Group-wide initiatives. Action taken to increase the efficiency of machinery, equipment, and processes has led to significant energy savings. We have also cut emissions by phasing in the use of alternative fuels (such as HVO). Switching from fossil fueled to electric (and in some cases hybrid) vehicles and equipment has also reduced emissions. This means we are well on track and we expect to further reduce emissions and achieve our targets in the years ahead.
Report Date: 4Q2024Relevance: 80%