HOCHTIEF
Construction & Engineering
Germany
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 a
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- Provide an explanation of how your company's greenhouse gas emission reduction targets align with the objective of limiting global warming to 1.5°C, as stipulated by the Paris Agreement, in accordance with Disclosure Requirement E1-1 regarding the transition plan for climate change mitigation.
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Question Id: E1-1_02
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 the percentage of gross Scope 1 greenhouse gas emissions that are covered by the internal carbon pricing scheme, as required under Disclosure Requirement E1-8. Include the current year's approximate gross GHG emission volumes in metric tonnes of CO2eq for Scopes 1, 2, and, where applicable, Scope 3, and indicate their share of the undertaking's overall GHG emissions for each respective Scope.
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Question Id: E1-8_06
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%