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 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%