Hochtief AG

Common Name
Hochtief
Country
Germany
Sector
Industrials
Industry
Engineering & Construction
Employees
50,961
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 2023, 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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2025
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hochtief's Greenhouse Gas Emissions Pathways

As of 2023, 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.

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

As of 2023, Hochtief has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Hochtief's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 594,809 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Hochtief is ahead of schedule on its operational emissions reduction target, having achieved 70.9% of the planned reduction.

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

2019202320300150 k300 k450 k600 kBaselineCurrent (-35%)Target 2030 (-50%)

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

As of 2023, Hochtief has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Hochtief's most ambitious value chain target is to reduce these emissions by 27.5% by 2030, compared to a baseline of 7,223,783 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Hochtief is ahead of schedule on its value chain emissions reduction target, having achieved 81.31% of the planned reduction.

Hochtief's Value Chain (Scope 3) Emissions Pathway

20192023203002 M4 M6 M8 MBaselineCurrent (-22%)
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