HOCHTIEF
Construction & Engineering
Germany
ESRS disclosure: ESRS E1 \ DR E1-3 \ Paragraph AR21
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- 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 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%