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%
- Provide a detailed account of the anticipated financial effects arising from material physical and transition risks, as well as potential climate-related opportunities. Ensure that the disclosure aligns with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. When calculating gross Scope 3 GHG emissions, identify and disclose significant Scope 3 categories based on the magnitude of their estimated GHG emissions. Utilize criteria from the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard (Version 2011, p. 61 and 65-68) or EN ISO 14064-1:2018 Annex H.3.2, including financial spend, influence, related transition risks and opportunities, or stakeholder views.
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Question Id: E1-6_04
Significant Scope 3 GHG emissions:
- Purchased goods and services: 2,767,472 tCO2eq
- Capital goods: 113,618 tCO2eq
- Fuel and energy-related activities (not included in Scope 1 or Scope 2): 67,551 tCO2eq
- Upstream transportation and distribution: 98,120 tCO2eq
- Waste generated in operations: 17,306 tCO2eq
- Business travel: 49,841 tCO2eq
- Employee commuting: 79,043 tCO2eq
- Use of sold products: 1,869,582 tCO2eq
- End-of-life treatment of sold products: 11,808 tCO2eq
- Investments: 1,639,076 tCO2eq
Report Date: 4Q2024Relevance: 50%