HOCHTIEF
Construction & Engineering
Germany
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 anticipated financial effects resulting from material physical and transition risks, as well as potential climate-related opportunities, in accordance with Disclosure Requirement E1-9. Note that quantification of financial effects from opportunities is not mandatory if it fails to align with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. Additionally, present the Scope 3 GHG emissions, ensuring they are categorized according to the indirect emission categories specified in EN ISO 14064-1:2018.
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Question Id: E1-6_05
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: 60%