HOCHTIEF
ESRS disclosure: ESRS E1 \ DR E1-3
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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 detailed information on the type of adaptation solutions implemented by your company in response to climate change policies, as specified under Disclosure Requirements E1-3. Indicate whether these solutions are nature-based, engineering, or technological. Additionally, clarify if the anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities, are quantified, ensuring compliance with the qualitative characteristics outlined in ESRS 1 Appendix B.
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Question Id: E1-3_02
Collaboration with clients and business partners is essential for implementing sustainability measures. This includes proposing project-specific, low-emission solutions, promoting sustainable design, and increasing the proportion of projects with early contractor involvement. The collaboration drives the transformation of the construction and infrastructure sector toward greater sustainability. Measures include promotion of sustainable design, circular design, project certification, and sustainable travel solutions.
Report Date: 4Q2024Relevance: 50%
- To what extent does your company's ability to implement actions related to climate change policies depend on the availability and allocation of resources? Provide an explanation in accordance with Disclosure Requirement E1-3, considering the ongoing access to finance and its impact on adjustments to supply/demand changes, acquisitions, and significant R&D investments.
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Question Id: E1-3_05
The actions in the transition plan are implemented in close collaboration with clients and stakeholders, with responsibility lying with operational units. Progress is tracked against targets, and continuous adjustments are anticipated due to market innovations and regulatory requirements. The actions apply to all business activities and regions.
Report Date: 4Q2024Relevance: 60%
- 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%