HOCHTIEF
Construction & Engineering
Germany
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 b
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- Provide a detailed account of the decarbonisation levers identified and the key actions planned within your transition plan for climate change mitigation. This should include references to your GHG emission reduction targets and climate change mitigation actions, as specified in Disclosure Requirements E1-4 and E1-3. Additionally, elucidate any changes anticipated in your product and service portfolio, as well as the adoption of new technologies within your operations or across the upstream and/or downstream value chain.
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Question Id: E1-1_03
Following on from the annual reporting of our Scope 1 and 2 as well as selected Scope 3 emissions, we devised and rolled out the HOCHTIEF Sustainability Plan 2025 Group-wide in 2022. In this plan, alongside targets for all ESG dimensions, we notably formulated our climate targets and consolidated our Group-wide commitment to climate neutrality (net zero) by 2045. 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: 85%
- Provide a detailed disclosure of biogenic emissions of CO2 resulting from the combustion or biodegradation of biomass, ensuring these are reported separately from Scope 2 GHG emissions. Include emissions of other greenhouse gases, specifically CH4 and N2O, within this disclosure. If the emission factors utilized do not distinctly identify the percentage of biomass or biogenic CO2, disclose this information. Additionally, if emissions of GHGs other than CO2, particularly CH4 and N2O, are unavailable or excluded from location-based grid average emissions factors or the market-based method, disclose this information accordingly.
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Question Id: E1-6_24
Biogenic emissions amounted to 14,046 metric tons of CO2e in the 2024 reporting year.
Report Date: 4Q2024Relevance: 10%