We are in constant dialogue with a wide range of stakeholder groups and constructively address their various demands to take these into account in our work. Our aim here is to systematically track and give strategic consideration to major requirements and expectations in our processes. This is why we regularly engage with stakeholders and invite them to contribute actively in various ways.

The key stakeholders identified include Employees, Clients, Value chain workers, Users, Shareholders, Analysts; investors, Communities, Future employees, Governments and public administration; regulatory and supervisory bodies, Universities; research and development, National, regional, and local industry and sectoral associations; strategic partners, NGOs, Media, HOCHTIEF Executive Board, and Trade unions/works councils. Each stakeholder group has specific interest areas and engagement channels.

The categories of stakeholders with whom engagement occurs include Employees, Clients, Value chain workers, Users, Shareholders, Analysts; investors, Communities, Future employees, Governments and public administration; regulatory and supervisory bodies, Universities; research and development, National, regional, and local industry and sectoral associations; strategic partners, NGOs, Media, HOCHTIEF Executive Board, and Trade unions/works councils.

The stakeholder engagement is structured around various interest areas and engagement channels. For example, Employees are engaged through internal communication, personal communication, continuing education and development programs, employee surveys, and requirements, directives, Code of Conduct. Clients are engaged through project communication and trade shows. Each stakeholder group has specific engagement channels tailored to their interests.

The purpose of stakeholder engagement activities is to constructively address the various demands of stakeholders and take these into account in the company's work. The aim is to systematically track and give strategic consideration to major requirements and expectations in processes, regularly engaging with stakeholders and inviting them to contribute actively in various ways.

In line with the legislation on due diligence, the perspectives and needs of stakeholders are incorporated into the sustainability strategy using a stakeholder representation model. This ensures that the perspectives of stakeholders are considered in identifying and assessing potential impacts, risks, and opportunities of business activities. The integration of stakeholder interests into business and sustainability strategy is achieved by incorporating them into corporate decision-making processes, ensuring that material impacts, risks, and opportunities inform strategy and decision making.

The undertaking incorporates the perspectives and needs of stakeholders into its sustainability strategy through a stakeholder representation model. This approach ensures that the perspectives of stakeholders are considered in identifying and assessing potential impacts, risks, and opportunities of business activities. The integration of stakeholder interests into business and sustainability strategy is achieved by incorporating them into corporate decision-making processes, ensuring that material impacts, risks, and opportunities inform strategy and decision making.

The material IROs confirm and reinforce HOCHTIEF’s strategic priorities. The strategy was already geared to promoting sustainable construction and infrastructure projects, integrating high environmental and social standards, and developing innovative solutions to construction challenges. The results of the materiality assessment underscore the urgency and relevance of these issues to the business model, value chain, and decision-making processes, prompting efforts to integrate ESG criteria more closely into procurement strategies.

By regularly adapting the strategy to the material IROs, the company operates successfully in a sustainability-oriented market environment. The focus is on climate-friendly construction practices, resource-efficient technologies, and digital innovations to maximize opportunities and address sustainability risks. The strategy includes offering specific training aligned with business activities, including environmental training and further training for technical professions.

The company plans to focus on and develop material IROs identified, prioritizing the interests of employees, including a safe and healthy working environment, gender equality, and further training. The professional skills of employees are adapted to the changing needs of the sustainability-oriented Group, offering specific training aligned with business activities, including environmental training and further training for technical professions.