Commitments

HOCHTIEF wants to nurture the relationship between business, the environment, and social responsibility in our everyday work. Sustainability is enshrined in our values, vision, and guiding principles. To underline its commitment to sustainability, HOCHTIEF is a member of various organizations and complies with their guidelines and standards.

In addition, our company is listed in established sustainability rankings and indexes, which meant that our commitment was recognized by external experts.

  • 1. Guiding principles
    Our commitment to the principle of sustainability is anchored in our guiding principles. Further principles include: a client-oriented service spectrum, successful employees and a value-oriented strategy.
  • 2. German Corporate Governance Code
    Transparent corporate governance, above and beyond the legal requirements, is important to HOCHTIEF. In this area, we are guided by the stipulations of the German Corporate Governance Code.
  • 3. HOCHTIEF Code of Conduct
    Our own corporate Code of Conduct lays out the requirements for a positive daily working environment. Its focus is on the ethical principles which support our business and which are binding for all HOCHTIEF staff, whether employees or management. 2010 the HOCHTIEF Code of Conduct was revised and supplemented to incorporate international standards on areas such as employee rights, forced labor, child labor and environmental protection. more
  • 4. Procurement Directive/Code of Conduct for Business Partners
    The ethical principles for procurement are outlined in the Procurement Directive. These describe the key values, responsibilities and standards of conduct for all HOCHTIEF employees involved in the procurement process. These rules supplement the HOCHTIEF Code of Conduct. HOCHTIEF also demands high ethical standards from its subcontractors and suppliers and has formulated these in a special Code of Conduct for Business Partners. HOCHTIEF cooperates only with partners who observe these standards and who also insist that their own subcontractors and suppliers comply with these standards.
  • 5. UN Global Compact
    Taking up an initiative of the CSR Committee, HOCHTIEF Aktiengesellschaft became an official member of the United Nations Global Compact initiative at the beginning of November. Global Compact's goal is to advance a total of ten principles in the areas of human rights, labor, the environment and anti-corruption worldwide.

    Here you find HOCHTIEF's Communication on Progress.

  • 6. Code of Responsible Conduct for Business
    In November 2010, HOCHTIEF together with 20 other German companies, presented the Code of Responsible Conduct for Business. With this Code, the signatories give their voluntary commitment to fair competition, social partnership and sustainability. The shared aim is to integrate the stated values into the companies' management processes and to define visible, practicable and controllable standards for responsible entrepreneurship with the Code.
  • 7. Declaration of Compliance with the German Sustainability Code
    HOCHTIEF issued a Declaration of Compliance with the German Sustainability Code (GSC) and thus once more publicly underlined its commitment to the principles of sustainable operation and business. The GSC was developed by the German Council for Sustainable Development in an in-depth stakeholder dialog with representatives of both the financial markets, companies and civil society, and published in 2011. The goal of the GSC is to make the sustainability record of companies and organizations transparent and comparable on a more binding basis and accessible in a database. The Declaration of Compliance comprises explanations, key figures and performance indicators relating to the subjects of CR strategy, process management, environment and society.

    You can find the 2015 HOCHTIEF Compliance Declaration with the German Sustainability Code here:
    PDF download
    GSC database

  • 8. Transparency and anti-corruption
    HOCHTIEF firmly believes in fair competition and transparency in the construction industry. Our consistent anti-corruption policies are reflected, among other things, in membership of Transparency International going back to 1999. HOCHTIEF is the only German provider of construction services to be a member. The company is also a founder-member of Netzwerk Compliance, a network of German companies aiming to combat unfair business practices. In addition, HOCHTIEF is a member of the World Economic Forum’s international Partnering Against Corruption Initiative.
  • 9. Directive on Occupational Safety and Health Protection Environmental and Climate Protection
    The Group Directive on Occupational Safety and Health Protection, Environmental and Climate Protection is based on the international environmental management standard ISO 14001. The directive was reviewed in 2015 and went into effect on May 1, 2016.

    The directive expresses the company's environmental protection and occupational safety policy and imposes minimum requirements for each Group division and company with regard to environmental and safety management. This ensures that the legislative and official requirements of each geographical location are adhered to and implemented. This proactive approach allows us to identify risks early on and thus prevent serious accidents and environmental damage to the greatest extent as possible. OSHEP Center supports all business units in implementing this groupwide directive.

  • 10. CEO Climate Policy Recommendations to G8 Leaders
    Back in July 2008 already, HOCHTIEF signed the CEO Climate Recommendations to G8 Leaders together with more than 80 leading international companies, including our Australian subsidiary Leighton. The declaration demands fast implementation of a fundamental strategy in order to reduce worldwide CO2 emissions in a process of cooperation between governments and the business community. At the same time, long-term goals—to at least halve worldwide greenhouse gas emissions by 2050, for example—and a number of short-term goals are defined. The CEOs support an intensive exchange of experience.
  • 11. Standards of the International Labour Organization (ILO)
    The first construction company worldwide to do so, HOCHTIEF in 2000 committed to comply with the standards of the International Labour Organization (ILO). This UN agency strives to promote free, equitable, safe and humane working conditions for women and men worldwide.
  • 12. Diversity Charter
    We actively manage diversity to create an environment in which every individual enjoys respect and individual advancement. Equal opportunities are enshrined at HOCHTIEF not only through relevant legislation, they are part of our guiding principles. In July 2008 we signed the Diversity Charter published by the German government. In the charter we committed to creating a working environment free of prejudice.
  • 13. encord: Sustainable Development Charter
    In June 2010, HOCHTIEF and 19 other European construction companies as members of encord, the European Network of Construction Companies for Research and Development, signed the Sustainable Development Charter. Under the terms of the Charter, the companies undertake to integrate sustainability principles into their corporate strategies and–especially in the area of Research & Development–to promote them.
  • 14. Active cooperation in boards and associations, memberships
    HOCHTIEF takes an active part in shaping our markets in a responsible way and engages itself by cooperating in boards and associations. The Executive Board and top managers of HOCHTIEF also support various institutions through their personal commitment.

    Some examples: Transportation platform Deutsches Verkehrsforum: membership in the Infrastructure working group (HOCHTIEF Executive Board member); regional business association Initiativkreis Ruhr, Chambers of Industry and Commerce, Amercian Chamber of Commerce in Germany, German Sustainable Building Council (DGNB), German environmental business association B.A.U.M.


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HOCHTIEF CR
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Interview with Nikolaus Graf von Matuschka, Member of the Executive Board

Nikolaus Graf von Matuschka, Member of the Executive Board “Sustainable practice means preserving values, creating values, and increasing values”