HOCHTIEF AG is a German-based company that specializes in the construction and engineering of large-scale infrastructure projects. With over 140 years of experience in the industry, HOCHTIEF AG has established itself as a leading player in the global construction market, with operations spanning across Europe, the Americas, and Asia-Pacific.

As a company operating in the Building Construction sector, HOCHTIEF AG is well aware of the challenges posed by climate change and the urgent need to transition towards a low-carbon economy. In response to this, the company has made a commitment to decarbonisation, with the aim of reducing its carbon footprint and promoting sustainable practices across its operations.

One of the key ways in which HOCHTIEF AG is working towards decarbonisation is through its corporate energy strategy. The company has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy sources. This includes investing in energy-efficient technologies, such as LED lighting and smart building systems, and sourcing renewable energy from on-site solar panels and wind turbines.

In addition to these measures, HOCHTIEF AG has also entered into corporate power purchase agreements (PPAs) with renewable energy providers. These agreements allow the company to purchase renewable energy directly from the source, thereby reducing its reliance on fossil fuels and promoting the growth of the renewable energy sector.

One example of this is the company's recent PPA with a wind farm in Texas, which will provide HOCHTIEF AG with 100% renewable energy for its operations in the region. This move not only supports the company's decarbonisation goals but also demonstrates its commitment to supporting the growth of the renewable energy sector.

Overall, HOCHTIEF AG's commitment to decarbonisation and renewable energy is a reflection of its broader sustainability strategy. The company recognizes that sustainable practices are not only good for the environment but also make good business sense, helping to reduce costs, enhance efficiency, and improve its reputation with customers and stakeholders.

In addition to its energy strategy, HOCHTIEF AG has also implemented a range of other sustainability initiatives across its operations. This includes promoting sustainable building practices, such as the use of recycled materials and the implementation of green building standards, as well as supporting local communities through social and environmental programs.

Overall, HOCHTIEF AG is a company that is committed to sustainability and decarbonisation. Through its corporate energy strategy, PPAs, and other sustainability initiatives, the company is working towards a more sustainable future, while also supporting the growth of the renewable energy sector. As a leading player in the global construction market, HOCHTIEF AG has a key role to play in driving the transition towards a low-carbon economy, and its commitment to sustainability is a positive step in this direction.