HOCHTIEF
ESRS disclosure: SBM-3_04
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- Provide a detailed account of how your company's significant negative and positive impacts influence, or are expected to influence, individuals or the environment, in accordance with Disclosure Requirement SBM-3 concerning material impacts, risks, and opportunities and their interaction with your strategy and business model.
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Question Id: SBM-3_04
Positive impacts: HOCHTIEF contributes to reducing environmental impacts largely by implementing sustainable construction practices, promoting energy-efficient technologies, and using environmentally friendly materials. Initiatives to promote the circular economy and sustainable resource use also help protect biodiversity and reduce waste. Negative impacts: Negative environmental impacts include environmental pollution such as GHG emissions, consumption of natural resources along the value chain, and potential adverse effects of our business activities on water resources and habitats. Potential impacts: Potential future impacts could result from unexpected environmental incidents, changes in climatic conditions, or new regulatory requirements that require adjustments to established construction practices. In the social dimension, various thematic priorities have been identified with positive and negative impacts on the company’s workforce, value chain workers, affected communities as well as consumers and end-users. These include both actual and potential impacts. One material opportunity was also identified for the company’s workforce. We regard becoming an even more attractive employer for skilled workers as a material opportunity. By this we mean in particular people on the labor market who have the skills and qualifications required for our business activities.
Report Date: 4Q2024Relevance: 85%