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Hochtief AG

Common Name
Hochtief
Country
Germany
Sector
Industrials
Industry
Engineering & Construction
Employees
63,194
Ticker
HOT
Exchange
XETRA
Description
Hochtief AG is a global engineering and construction company specializing in large-scale building and infrastructure projects. The group develops, designs, finances, builds, and operates assets across...

Hochtief's GHG Emissions Data Preview

In 2024, 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 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
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0000000
Location-Based
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b
0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Hochtief’s Greenhouse Gas (GHG) Emissions 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
a. Hochtief's Integrated Report 2024
b. Hochtief's Integrated Report 2023
b. Hochtief's Integrated Report 2023

Insights into Hochtief's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHochtief amounted to296,490metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hochtiefdecreased by 22.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Hochtief's Scope 1 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e-31%-15%+5%+2%-21%
  • Total Scope 1
  • Year-over-Year Change

What are Hochtief's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hochtief were 215,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Hochtief reduced its Scope 1 emissions over time?

Since 2019, Hochtief's Scope 1 emissions have decreased by 50.06%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Hochtief's Scope 1 emissions decreased by 21.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Hochtief's Scope 2 emissions?

In 2024, Hochtief reported Scope 2 greenhouse gas (GHG) emissions of 57,928 tCOâ‚‚e using the market-based method and 81,390 tCOâ‚‚e using the location-based method.a

Has Hochtief reduced its Scope 2 emissions over time?

Since 2019, Hochtief's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 50.4%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Hochtief's Scope 2 emissions(Location-Based) fell by 26.11% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Hochtief use for Scope 2 reporting?

In 2024, Hochtief reported its Scope 2 emissions using the market-based method and using the location-based method.a

Hochtief's Scope 2 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hochtief's Value Chain Emissions

In 2024, Hochtief reported 6,713,416 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Hochtief includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,up from 9 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Hochtief's Scope 3 Emissions Over Time

20192020202120222023202402 M4 M6 M8 MtCO2e-15%-21%+8%+9%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Hochtief's Scope 3 emissions?

In 2024, Hochtief reported total Scope 3 emissions of 6,713,416 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 47.56%of these emissions originated from upstream activities such as purchased goods and capital goods, while 52.44%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Hochtief reduced its Scope 3 emissions over time?

Since 2019, Hochtief's Scope 3 emissionshave remained relatively stable, indicating that Hochtief's emissions have plateaued with no significant change in its value chain footprint.a

Compared to the previous year (2023), Hochtief's Scope 3 emissions increased by 19.7%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Hochtief disclose?

In 2024, Hochtief reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2024, the largest contributors to Hochtief's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,767,472 tCOâ‚‚e(41.22%)
  • Use of Sold Products (Cat. 11): 1,869,582 tCOâ‚‚e(27.85%)
  • Investments (Cat. 15): 1,639,076 tCOâ‚‚e(24.41%)

Hochtief's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(27.8%)Purchased Goods andServices (Cat. 1)(41.2%)Investments(Cat. 15)(24.4%)

Insights into Hochtief’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hochtief reported Scope 1 greenhouse gas (GHG) emissions of 215,100 tCOâ‚‚e and total revenues of USD 34,654 millions. This translates into an emissions intensity of 6.21 tCOâ‚‚e per millions USD.a

Hochtief's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)505002,00020,000200,000Revenues (Millions of USD)SBauerYear: 2024Scope 1: 12,000 tCO2eRevenue: $M 2,193Scope 1 Intensity: 5.47 tCO2e/$MKion GroupYear: 2024Scope 1: 108,401 tCO2eRevenue: $M 11,970Scope 1 Intensity: 9.06 tCO2e/$MAurubisYear: 2024Scope 1: 561,000 tCO2eRevenue: $M 19,143Scope 1 Intensity: 29.31 tCO2e/$MMTU Aero EnginesYear: 2024Scope 1: 42,705 tCO2eRevenue: $M 7,712Scope 1 Intensity: 5.54 tCO2e/$MSiemens EnergyYear: 2024Scope 1: 175,000 tCO2eRevenue: $M 38,497Scope 1 Intensity: 4.55 tCO2e/$MRingmetallYear: 2024Scope 1: 1,242 tCO2eRevenue: $M 182Scope 1 Intensity: 6.82 tCO2e/$MSSSFC EnergyYear: 2024Scope 1: 460 tCO2eRevenue: $M 151Scope 1 Intensity: 3.05 tCO2e/$MDeutsche PostYear: 2024Scope 1: 7,660,000 tCO2eRevenue: $M 87,605Scope 1 Intensity: 87.44 tCO2e/$MRationalYear: 2024Scope 1: 5,517 tCO2eRevenue: $M 1,242Scope 1 Intensity: 4.44 tCO2e/$MDeutsche LufthansaYear: 2024Scope 1: 29,159,239 tCO2eRevenue: $M 39,107Scope 1 Intensity: 745.62 tCO2e/$MGEA GroupYear: 2024Scope 1: 32,278 tCO2eRevenue: $M 5,642Scope 1 Intensity: 5.72 tCO2e/$MHoenleYear: 2024Scope 1: 257 tCO2eRevenue: $M 110Scope 1 Intensity: 2.33 tCO2e/$MDaimler Truck HoldingYear: 2024Scope 1: 389,000 tCO2eRevenue: $M 56,273Scope 1 Intensity: 6.91 tCO2e/$MPfeiffer Vacuum TechnologyYear: 2024Scope 1: 2,951 tCO2eRevenue: $M 920Scope 1 Intensity: 3.21 tCO2e/$MNorma GroupYear: 2024Scope 1: 5,163 tCO2eRevenue: $M 1,202Scope 1 Intensity: 4.30 tCO2e/$MLPKF Laser & ElectronicsYear: 2024Scope 1: 310 tCO2eRevenue: $M 128Scope 1 Intensity: 2.43 tCO2e/$MHapag-LloydYear: 2024Scope 1: 15,300,306 tCO2eRevenue: $M 19,888Scope 1 Intensity: 769.32 tCO2e/$MWacker NeusonYear: 2024Scope 1: 14,269 tCO2eRevenue: $M 2,326Scope 1 Intensity: 6.14 tCO2e/$MTakktYear: 2023Scope 1: 3,460 tCO2eRevenue: $M 1,372Scope 1 Intensity: 2.52 tCO2e/$MKoenig & BauerYear: 2024Scope 1: 6,712 tCO2eRevenue: $M 1,326Scope 1 Intensity: 5.06 tCO2e/$MStabilusYear: 2024Scope 1: 9,993 tCO2eRevenue: $M 1,459Scope 1 Intensity: 6.85 tCO2e/$MSiemens AGYear: 2024Scope 1: 347,000 tCO2eRevenue: $M 84,812Scope 1 Intensity: 4.09 tCO2e/$MTratonYear: 2024Scope 1: 248,370 tCO2eRevenue: $M 49,400Scope 1 Intensity: 5.03 tCO2e/$MBilfingerYear: 2024Scope 1: 35,828 tCO2eRevenue: $M 5,242Scope 1 Intensity: 6.83 tCO2e/$MHochtiefYear: 2024Scope 1: 215,100 tCO2eRevenue: $M 34,654Scope 1 Intensity: 6.21 tCO2e/$M

How does Hochtief's GHG emissions intensity compare to its peers?

In 2024, Hochtief reported a Scope 1 emissions intensity of 6.21 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.5, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Hochtief rank on GHG emissions intensity within its industry?

In 2024, Hochtief ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Hochtief is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Hochtief's Total Carbon Footprint

In 2024, Hochtief reported a total carbon footprint of 7,009,906 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.98% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Hochtief's total carbon footprint was Scope 3 emissions, accounting for 95.77% of the company's total carbon footprint, followed by Scope 1 emissions at 3.07%.a

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