HOCHTIEF
Construction & Engineering
Germany
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 i
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- Has the transition plan for climate change mitigation been approved by the administrative, management, and supervisory bodies?
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Question Id: E1-1_14
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: 75%
- Provide a detailed explanation of whether and how any public claims of greenhouse gas (GHG) neutrality, which involve the use of carbon credits, are supported by GHG emission reduction targets. Additionally, clarify how these claims of GHG neutrality and the reliance on carbon credits do not hinder or diminish the achievement of GHG emission reduction targets or the net zero target.
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Question Id: E1-7_24
The document does not provide a detailed explanation of public claims of GHG neutrality involving carbon credits and their support by GHG emission reduction targets.
Report Date: 4Q2024Relevance: 30%