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 GHG Emissions Data Preview

In 2023, Hochtief completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Hochtief has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hochtief amounted to 383,971 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hochtief decreased by 1.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hochtief's Scope 1 Emissions Over Time

2018201920202021202220230750 k1.5 M2.25 M3 MtCO2e-85%-31%-15%+5%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Hochtief's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hochtief were 273,825 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hochtief reduced its Scope 1 emissions over time?

Since 2018, Hochtief's Scope 1 emissions have decreased by 90.54%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hochtief's Scope 1 emissions increased by 2.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hochtief's Scope 2 emissions?

In 2023, Hochtief reported Scope 2 greenhouse gas (GHG) emissions of 104,185 tCOâ‚‚e using the market-based method, and 110,146 tCOâ‚‚e using the location-based method.

Has Hochtief reduced its Scope 2 emissions over time?

Since 2018, Hochtief's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 30.74%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hochtief's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hochtief 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hochtief use for Scope 2 reporting?

In 2023, Hochtief reported its Scope 2 emissions using the market-based method and using the location-based method.

Hochtief's Scope 2 Emissions Over Time

201820192020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hochtief's Value Chain Emissions

In 2023, Hochtief reported 5,608,480 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hochtief includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hochtief's Scope 3 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e+122%-16%-21%+8%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Hochtief's Scope 3 emissions?

In 2023, Hochtief reported total Scope 3 emissions of 5,608,480 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 64.58% of these emissions originated from upstream activities such as purchased goods and capital goods, while 35.42% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hochtief reduced its Scope 3 emissions over time?

Since 2018, Hochtief's Scope 3 emissions have increased by 72.08%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hochtief's Scope 3 emissions remained relatively stable, indicating that Hochtief 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hochtief disclose?

In 2023, Hochtief reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hochtief's Scope 3 emissions?

In 2023, the largest contributors to Hochtief's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 3,294,551 tCOâ‚‚e (58.74%)
  • Use of Sold Products (Cat. 11): 1,971,324 tCOâ‚‚e (35.15%)
  • Upstream Transportation and Distribution (Cat. 4): 100,828 tCOâ‚‚e (1.8%)

Hochtief's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(58.7%)Use of Sold Products(Cat. 11)(35.1%)UpstreamTransportation andDistribution(Cat. 4)(1.8%)

Insights into Hochtief's Total Carbon Footprint

In 2023, Hochtief reported a total carbon footprint of 5,992,451 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.45% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hochtief's total carbon footprint was Scope 3 emissions, accounting for 93.59% of the company's total carbon footprint, followed by Scope 1 emissions at 4.57%.

Want Full Access to Hochtief's GHG Emissions Dataset?
Sign Up