|CR at HOCHTIEF|
|Attractive working environment|
|Sustainable products and services|
|Active climate- and resource protection|
Sustainability plays an increasingly important role for procurement at HOCHTIEF. Given the Group’s large procurement volumes, we are well aware that we must demand high standards of our procurement processes. HOCHTIEF therefore counters compliance and sustainability risks—for example, from infringement of laws or failure to meet environmental, ethical, or social standards on the part of suppliers—in processes such as supplier management. The focus area of “Procurement” was integrated into the Group’s CR program in 2016 to reflect its increased importance.
We also encourage CSR ratings by third parties in the area of procurement. In the reporting year, for example, HOCHTIEF was registered with silver status on the international platform EcoVadis, putting it in the top 30% of the rated companies. EcoVadis provides CSR ratings of suppliers for global supply chains. This rating benefits HOCHTIEF clients and the Company alike.
As a partner to subcontractors, we aim to redouble our efforts to ensure fair, transparent procurement processes and further step up purchases of sustainable products and materials.