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%
- Has the undertaking identified any greenhouse gas (GHG) removal activities within its own operations or value chain that have been converted into carbon credits and subsequently sold on the voluntary market? If applicable, provide details of such activities in accordance with Disclosure Requirement E1-9, ensuring alignment with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B.
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Question Id: E1-7_09
The document does not mention any GHG removal activities that have been converted into carbon credits and sold on the voluntary market.
Report Date: 4Q2024Relevance: 50%