Sustainability
 
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Sustainability

  • Corporate social responsibility (CSR) established as an integral part of the corporate strategy
  • Clear sustainability objectives defined in six areas
  • HOCHTIEF again listed in Dow Jones Sustainability Indexes
  • Compliance rigorously implemented throughout the Group

Sustainability at HOCHTIEF

Our future will be shaped by issues such as climate and resource protection, energy conservation and energy efficiency. A focus on sustainability is therefore a hallmark of all our activities. Our commitment supports HOCHTIEF's sustainable development while at the same time allowing us to unlock new sales potential. As a forward-looking company, we accept responsibility for the environment and the society in which we operate. Our values, vision* and guiding principles are all geared to sustainability. Corporate social responsibility (CSR) is therefore an integral part of HOCHTIEF's corporate strategy. We underlined our convictions in November 2008 by joining the United Nations Global Compact, the world's largest corporate responsibility initiative.

CSR Committee keeps up the good work

The primary aim of the CSR Committee established in 2007 is to reinforce HOCHTIEF's commitment to economic, environmental and societal issues. The Committee identifies and assesses the areas in which the Group pursues sustainability and coordinates the various projects and Group-wide activities. In the period under review, it laid the foundations for turning strategic ideas into profitable, future- proof projects by networking with the sustainability excellence team, which includes representatives from the operational units.

HOCHTIEF's sustainability activities are acknowledged by the capital market. In November 2008, we were included in the prestigious Dow Jones Sustainability Indexes for the third time in a row. No other German construction company is listed in these.

Pursuing sustainability in a wide range of areas

HOCHTIEF primarily pursues sustainability in six areas. These are:

Sustainable products and services

Through our projects, we design the spaces where people live and shape the environment for a long time to come. This brings with it an enormous responsibility. We embrace this responsibility, for example, by aiming to offer more sustainable products and services. This requires forward-looking innovations**, the intensive acquisition and transfer of know-how between the divisions as well as our commitment to green building.
→  Our objective: We aim to become the global market leader in sustainable construction and construction-related services and to do so by extending our spectrum of offerings spanning the entire life cycle of infrastructure projects, real estate and facilities.

Active climate protection

Properties account for 40 percent of energy consumption worldwide. For several years, HOCHTIEF companies such as HOCHTIEF Construction and HOCHTIEF Facility Management have been contributing to a long-term reduction in this inordinate amount. Green building – or sustainable construction – has a long history at HOCHTIEF. Through innovative energy management and the promotion of renewable energies, we are helping to both cut greenhouse gas emissions and reduce our project operating costs. As a result of the Ideas Management project introduced in 2008, we have received numerous suggestions from our employees on how we can save energy.*** Many of these ideas have now been put into practice.
→  Our objective: We aim to save CO2 emissions together with our clients.

An attractive working environment

HOCHTIEF employs almost 65,000 people worldwide and works with around 50,000 subcontractors every year. We aim not only to offer them the highest standard of occupational health and safety, but also to do all we can to create the best possible working conditions for them. In addition, we need to implement efficient measures to tackle demographic
**For further information, please see pages 52 - 55
*For further information, please see pages 47 - 49.
***An example can be found in the picture caption on page 53.
 
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