HOCHTIEF
Construction & Engineering
Germany
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 d
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- Provide a qualitative assessment of the potential locked-in greenhouse gas (GHG) emissions from your company's key assets and products. Explain whether and how these emissions could jeopardize the achievement of your GHG emission reduction targets and contribute to transition risk. Additionally, if applicable, describe your company's plans to manage its GHG-intensive and energy-intensive assets and products.
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Question Id: E1-1_07
This analysis revealed no material locked-in greenhouse gas emissions from key HOCHTIEF assets and products that may jeopardize the attainment of our emission reduction targets or drive transition risks. We deliver projects to our clients largely in the capacity of managing contractor, meaning that we have neither major assets nor products with material locked-in emissions.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed explanation of whether and how the carbon prices utilized in your internal carbon pricing schemes align with those applied in your financial statements, as per Disclosure Requirement E1-8. Ensure this explanation addresses the internal carbon prices used for the specified purposes and adheres to the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B.
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Question Id: E1-8_09
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: 30%