HOCHTIEF
ESRS disclosure: ESRS E1 \ DR E1-2 \ Paragraph 25
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- Indicate whether and how your company's policies address the areas related to climate change mitigation and adaptation as outlined in Disclosure Requirement E1-2.
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Question Id: E1-2_01
For HOCHTIEF, climate change has long been a fundamental and central focus in its Group-wide environmental sustainability strategy. The company aims to expand this strategic focus with the goal of supporting clients through projects in successfully adapting to climate change. HOCHTIEF has gathered data on greenhouse gases for over ten years and worked continuously on methodically improving Group-wide coverage, accuracy, and tracking to facilitate avoiding and effectively managing GHG emissions in all activities. These activities are enshrined in HOCHTIEF's position paper on climate change mitigation and adaptation and its transition plan for climate change mitigation (Net Zero Roadmap). The position paper on climate change mitigation and adaptation was coordinated with all operational units and applies Group-wide.
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%