First “B” score from CDP for the construction group
Score up from previous year
Consistent implementation of sustainability initiatives
CDP (formerly the Carbon Disclosure Project), an international non-profit organisation, has awarded STRABAG its first “B” score for its sustainability initiatives in the category of Climate Change. A score of “B” corresponds to Management level on CDP’s rating scale.
CDP provides a system by which companies, cities, states and investors can disclose and review their environmental impact data.
The cross-sector assessment underscores the improvement in STRABAG SE’s sustainability performance in the category of Environment. The Group has set itself the ambitious goal in the energy- and resource-intensive construction industry of becoming climate neutral along the entire value chain by 2040. Sustainability is firmly anchored in the corporate strategy until 2030, for example through key strategic topics such as circular construction or the goal of increasing construction activities in the energy sector.
STRABAG is an active participant in the ESG ratings conducted by CDP, Sustainalytics and EcoVadis. An evaluation by these rating agencies provides an objective assessment of STRABAG’s sustainability performance in terms of environmental, social and governance matters. These ratings allow the Group to provide its stakeholders with greater transparency regarding its sustainability initiatives.
STRABAG SE is a European-based technology partner for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management through to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 79,000 employees, we generate an annual output volume of around € 17 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.
