Hochtief AG

Common Name
Hochtief
Country
Germany
Sector
Industrials
Industry
Engineering & Construction
Employees
58,705
Ticker
HOT
Exchange
XETRA
Description
Hochtief AG is one of the world's leading providers of construction services, headquartered in Essen, Germany. As a construction giant, Hochtief operates across the globe, delivering diverse projects ...

Hochtief's Climate Target Data Preview

As of 2024, Hochtief has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hochtief ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Hochtief’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hochtief’s data sources below and access millions more through our Disclosure Search.

a. Hochtief's Integrated Report 2024
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Insights into Hochtief's Greenhouse Gas Emissions Pathways

As of 2024, Hochtief has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Hochtief have a target to reduce the emissions from its operations?

As of 2024, Hochtief has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Hochtief's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 479,840 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Hochtief is ahead of schedule on its operational emissions reduction target, having achieved 79.22% of the planned reduction. a

Hochtief's Operational (Scope 1+2) Emissions Pathway

2019202420300150 k300 k450 k600 kBaselineCurrent (-40%)

Does Hochtief have a target to reduce the emissions from its value chain?

As of 2024, Hochtief has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Hochtief's most ambitious value chain target is to reduce these emissions by 27.5% by 2030, compared to a baseline of 7,063,919 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Hochtief has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Hochtief's Value Chain (Scope 3) Emissions Pathway

20192024203002 M4 M6 M8 MBaselineCurrent (-29%)
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