Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Human Rights
• Diversity & Inclusion

Environmental Achievements

• Reduced CO2e intensity (Scope 1+2) to 0.055 tCO2e/T€ in 2023.
• Increased green electricity use to 114,510 MWh in 2023.
• Increased percentage of recycled asphalt used in asphalt mixture production in Germany, Austria, and Poland.

Social Achievements

• Launched EDI Strategy 2030 with goals to increase women in management and eliminate gender pay gap.
• Improved employee appraisal interview rate to 78.65% in 2023.
• Increased training days per employee to 1.18 in 2023.

Governance Achievements

• Achieved ISO 37001 (Anti-Bribery) and ISO 37301 (Compliance) certification for the entire STRABAG Group.
• Implemented capital measures to reduce the stake held by MKAO “Rasperia Trading Limited”.

Climate Goals & Targets

Environmental Challenges

• High inflation, changed interest rate landscape, stricter mortgage lending criteria impacting construction industry.
• High volatility in energy and raw materials prices.
• Difficulty in calculating Scope 3 emissions due to the size and diversification of the Group.
• Traditional male-dominated construction industry making gender balance challenging.
• Human rights risks in supply chains.

Mitigation Strategies

• Leveraging business model strengths (size, diversification) to compensate for declines in residential construction.
• Expanding ISO 50001 certification for energy management.
• Developing a Group-wide roadmap for climate neutrality by 2040.
• Implementing EDI Strategy 2030.
• Establishing a social compliance management system to address human rights risks.

Supply Chain Management

Supplier Audits: Pilot audits conducted in 2023.

Responsible Procurement

• STRABAG Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and services
• Participation in energy transition projects

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 45001, ISO 37001, ISO 37301

Third-party Assurance: KPMG Austria GmbH

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through renewable energy use, sustainable construction practices, and emission reduction efforts.

Sustainable Products & Innovation

• HVO biofuel
• Green hydrogen
• Hemp-based OSB

Awards & Recognition

• CDP Climate Change B rating
• MSCI BBB rating
• EcoVadis 67/100 score
• Fair Training and Fair Trainee Programme certification
• Universum “Most Attractive Employers for Students”
• Best Recruiters Golden Seal

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainability

Environmental Achievements

• STRABAG’s CDP score raised to “B” for sustainability initiatives in Climate Change.
• Focus on sustainable building materials with the acquisition of Naporo Klima Dämmstoff GmbH.
• Aiming for BREEAM certification for the F.D. Roosevelt University Hospital extension project in Slovakia.
• New headquarters for Česká spořitelna in Prague to be energy-neutral with heat pumps and photovoltaics, using low-carbon concrete.

Social Achievements

• Expansion of expertise in M&E and energy management through organic growth and acquisitions (Triburuzek Group, Climtech GmbH, ELCO Group).
• Increased number of employees by 2% to 77,337 FTE, largest increases in Germany and Benelux.
• Major contract awarded for the expansion of F.D. Roosevelt University Hospital in Banská Bystrica, Slovakia.

Governance Achievements

• Capital measures implemented to reduce the stake held by MKAO “Rasperia Trading Limited”, reducing their share from 27.8% to 24.1%.

Climate Goals & Targets

Environmental Challenges

• Challenging market environment in certain European countries.
• Decline in the Austrian residential construction market.
• Increased price competition in transportation infrastructures in Germany.
• Predatory pricing in the Benelux countries.
• Withheld EU funds and lack of public investment in Hungary.
• Increased competition in transportation infrastructures in the Czech Republic.
• Interest rate development and bleak economic environment affecting real estate development.

Mitigation Strategies

• Focus on qualitative rather than quantitative growth.
• Successful acquisition of several new projects related to the energy transition and adaptive reuse of existing buildings.
• Expansion of M&E and energy management expertise.
• Selective market cultivation and bidding strategy in Benelux.
• Consolidation and stabilisation in Scandinavia.
• Focus on public-sector contracts in the Czech Republic.
• Active evaluation of opportunities arising from consolidation in the real estate sector.

Supply Chain Management

Responsible Procurement

• Acquisition of Naporo Klima Dämmstoff GmbH for sustainable building materials.

Climate-Related Risks & Opportunities

Opportunities

• Projects related to the energy transition.
• Development of energy-efficient products and services.

Sustainable Products & Innovation

• Insulation boards made of sustainable materials (hemp, flax, PET fibres).