HOCHTIEF
ESRS disclosure: ESRS ESRS 2 \ DR SBM-3 \ Paragraph 48 b
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- Provide a comprehensive disclosure detailing the current and anticipated effects of material impacts, risks, and opportunities on your business model, value chain, strategy, and decision-making processes. Include an explanation of how your organization has responded or intends to respond to these effects, specifying any modifications made or planned to your strategy or business model to address specific material impacts or risks, or to capitalize on particular material opportunities.
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Question Id: SBM-3_03
The results of the materiality assessment underscore the urgency and relevance of these issues to our business model, value chain, and decision-making processes and have prompted us to redouble our existing efforts—for example, by integrating ESG criteria more closely into our procurement strategies. Furthermore, by regularly adapting our strategy to the material IROs, we are able to operate successfully in an increasingly sustainability-oriented market environment. Particularly given the growing importance of climate-friendly construction practices, resource-efficient technologies, and digital innovations, we will work systematically to maximize these opportunities and proactively address potential sustainability risks such as impacts of climate change.
Report Date: 4Q2024Relevance: 85%