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 description of the critical assumptions made to determine the carbon price applied within your organization. Include the type of scheme, the source of the applied carbon prices, and the rationale for their relevance to your chosen application. Additionally, disclose the calculation methodology of the carbon prices, indicating the extent to which these have been set using scientific guidance and how their future development aligns with science-based carbon pricing trajectories.
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Question Id: E1-8_05
We do not yet have internal carbon pricing. We took preliminary steps toward developing such a carbon price in the reporting year. We have developed an initial approach that has not yet been implemented but is currently being tested and analyzed.
Report Date: 4Q2024Relevance: 20%