HOCHTIEF
Construction & Engineering
Germany
ESRS disclosure: ESRS E1 \ DR E1-3 \ Paragraph 29 a
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- Provide a detailed account of the climate change mitigation actions undertaken and planned, categorized by decarbonisation lever, including the incorporation of nature-based solutions, as required under Disclosure Requirement E1-3 concerning actions and resources related to climate change policies.
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Question Id: E1-3_01
The actions in the transition plan can be thematically assigned to four main decarbonization levers: Cooperation with Clients and Partners, Low emission construction materials, Increasing Efficiency and Effectivity, and Renewable Energy. These actions address HOCHTIEF’s main emission sources and pave the way for continuous reduction of GHG emissions in all scope categories. Responsibility for implementation lies with the operational units, and progress is tracked against targets. The actions extend across all business activities and apply to all operating regions.
Report Date: 4Q2024Relevance: 70%
- 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%