Materiality

In our sustainability activities we concentrate on the most significant topics that drive long-term value creation for our Group. With this materiality approach we comply with the Principle of the Global Reporting Initiative to cover aspects that reflect the organization’s key economic, environmental and social impacts; or substantively influence the assessments and decisions of stakeholders. To define materiality, we use different instruments.

HOCHTIEF’s stakeholders

HOCHTIEF has identified as stakeholders those groups which significantly influence the economic, ecological, and social performance of HOCHTIEF or may do so in the future, as well as those groups which are significantly affected by our Group’s economic, ecological, and social performance or may be affected in the future. This was based in particular on our experience from longstanding customer relations, our project business, communications work, and regularly conducted market surveys.

  • Shareholders
  • Clients
  • Employees
  • Subcontractors and suppliers
  • Government and public authorities
  • Investors, analysts and bank representatives
  • Associations and organizations, NGOs
  • Neighbors and local residents
  • Universities, colleges, and scientific institutions
  • High school and college/university students, recent graduates
  • Journalists
Materiality analysis

In order to check the validity of the sustainability focus areas that we have identified and to adapt them where necessary, we have conducted an online survey among selected stakeholder groups on a regular basis for several years. The aim is to establish a relevance assessment and to prioritize the focus areas for HOCHTIEF.

The 2016 materiality analysis confirms the orientation of HOCHTIEF's sustainability strategy.

The findings of the 2016 materiality analysis
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In 2017 our materiality analysis concentrated on the issue of occupational safety, focusing on the aspect of “attractive occupational safety”. In the form of an interactive web dialog with the motto of “getting better together”, internal and external stakeholders contributed, commented on and prioritized their opinions on different aspects of occupational safety. The findings help us to provide even better for the wellbeing and health of our employees and partners.

Summary of the results of the web dialog
Brief presentation Materiality

Image and reputation

How do outsiders see HOCHTIEF? The clear majority of those surveyed in a study named HOCHTIEF first when they were asked which large companies in the German construction industry they were familiar with. This is the result of the image and reputation analysis that HOCHTIEF commissioned in 2016 (as in past years) from an independent market research institute. 84 percent of those surveyed described the Group’s image as good to excellent (see presentation). We thank you for your trust.