HOCHTIEF is an engineering-led global infrastructure solutions provider with leading positions in North America, Australia, and Europe and a rapidly expanding presence in advanced technology, energy transition and sustainable infrastructure markets. We address a wide group of industries with our services, including construction management for non-residential buildings, construction of transportation and supply infrastructure, transportation infrastructure, maintenance services, building construction and civil engineering, toll road operation as well as services for natural resources. HOCHTIEF delivers its services drawing on long-standing experience in development, financing, construction, and operation. With this capability portfolio and global footprint, the Group aims to strategically strengthen the balanced business profile. Each of our projects is one of a kind and hence calls for tailor-made solutions. In line with our guiding principles, we work to achieve this with a high level of innovation and quality and in accordance with our sustainability strategy. The Group’s subsidiaries are successfully positioned in their markets, as shown by top rankings such as that of the Engineering News-Record. By cooperating closely, the operating companies and corporate departments within the HOCHTIEF Group ensure a continuous global transfer of knowledge Group-wide for the benefit of our stakeholders. HOCHTIEF generates a high purchasing volume for materials and subcontractor services: In the reporting year, HOCHTIEF spent EUR 24.5 billion, which is equivalent to 74% of Group work done. We select our subcontractors, suppliers, and service providers on the basis of transparent criteria and binding processes. In the reporting year, approximately 98 % of the contractual partners who are relevant for our core business were prequalified. We worked with approximately 49,500 subcontractors and suppliers across the Group, of whom we defined 4,700 as material. About 70 % of the procurement volume was transacted with material suppliers and subcontractors. Our joint work is based on high standards, notably through acceptance of the conditions laid down in our Code of Conduct for Business Partners. We also attach importance to engaging with other partners involved in construction projects as well as with our stakeholders, both as part of our contracting work and in our sustainability activities.