Hochtief

Hochtief, a German construction company, reported total carbon emissions of approximately 6.99 billion kg CO2e in 2024. This included about 215.1 million kg CO2e from Scope 1 emissions, 81.39 million kg CO2e from Scope 2 (location-based), and 6.71 billion kg CO2e from Scope 3 emissions.

In 2023, Hochtief's total emissions were approximately 5.88 billion kg CO2e, with Scope 1 emissions at about 273.83 million kg CO2e, Scope 2 (location-based) at approximately 110.15 million kg CO2e, and Scope 3 emissions at around 5.61 billion kg CO2e. This represented a decrease from 2022, when total emissions were roughly 5.53 billion kg CO2e, comprising approximately 267.26 million kg CO2e from Scope 1, around 121.12 million kg CO2e from Scope 2 (location-based), and about 5.14 billion kg CO2e from Scope 3.

Hochtief has set several climate commitments. It aims to achieve net-zero emissions across all scopes by 2045. More specifically, the company targets climate neutrality for Scope 1 emissions by 2038 and for Scope 2 emissions by 2038. For near-term goals, Hochtief plans to reduce its Scope 1 emissions by at least 20% by 2025 compared to a 2019 baseline. Furthermore, it intends to reduce Scope 2 emissions by at least 35% by 2025 (compared to 2019) and achieve a 50% reduction in combined Scope 1 and Scope 2 emissions by 2030, also against a 2019 baseline. The company has also set a long-term goal to achieve net-zero for Scope 1 and Scope 2 emissions by 2050. These targets and performance data are inherited from its parent company, HOCHTIEF Aktiengesellschaft.