Sustainability
 
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change and the shortage of specialist and managerial staff.*

The cross-divisional competence center for occupational safety, health and environmental protection (OSHEP) ensures that these important issues are given high priority throughout HOCHTIEF. The OSHEP Center continually optimizes the Group's integrated environmental, health and safety management systems and ensures that related measures are implemented at the HOCHTIEF companies. We have succeeded, for example, in cutting the accident rate Group-wide by over 50 percent since 2003. In 2008, it stood at 7.2 accidents per thousand employees.

At the 18th World Congress on Safety and Health at Work in Seoul, in June 2008 HOCHTIEF signed the declaration adopted at the event. This declaration aims to motivate governments, organizations and business to systematically strive to reduce occupational accidents and diseases.
→  Our objective: We aim to further extend our position as a sought-after employer and, over the long term, establish ourselves as the most attractive employer in the industry.

Corporate citizenship

HOCHTIEF is at work and therefore a local partner in all four corners of the globe. It is standard practice for us to employ mainly local people and subcontractors. We also promote a work-life balance and support social and cultural initiatives. Here, our focus is on promoting projects in education/the encouragement of young talent as well as modern/Bauhaus architecture-related projects.
→  Our objective: We aim to get involved in the community wherever our company is at work.

Compliance and ethics management

HOCHTIEF operates in countries with different value and political systems. Compliance**"with all internal and external regulations – and ethics management therefore play a major role at HOCHTIEF. All employees are obliged to adhere to our high management standards and Code of Conduct. For subcontractors and suppliers, there is a separate Code of Conduct containing binding rules. As a member of Transparency International, we condemn any form of bribery and corruption. Employees with questions
related to compliance or ethics can always turn to the HOCHTIEF compliance organization.

For anonymous reports, our employees and partners also have access to a confidential hotline if necessary. Through intensive training delivered locally and the use of e-learning programs, we ensure that employees are aware of and versed in our ethical standards. Compliance with these standards is reviewed on a regular basis. All this illustrates that we make compliance and ethics management a high priority.
→  Our objective: We aim to set standards in business ethics and do our utmost to apply those standards.

Resource protection

Construction projects require a huge amount of materials; they use and largely seal off whole areas of land, and produce considerable amounts of waste. Resource protection is therefore of particular importance to us. At inner city sites, for example, HOCHTIEF endeavors to use derelict land and gaps between existing buildings or to refurbish older properties. Waste separation and recycling are standard practice worldwide, as is renaturation. Our Australian company Thiess, for example, is at pains to ensure that, once excavated, mines are partly filled and reforested.
→  Our objective: We aim to conserve natural resources and optimize the use of resources.

Intensive communication

HOCHTIEF publishes a detailed sustainability report every two years. No other German construction company provides information on a similar scale. The next sustainability report will appear in November 2009. We report on the latest sustainability activities and events on our website.
*For further information, please see pages 57 - 59.
**For further information, please see pages 16 - 17.
 
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