Sustainability
As a leading technology group for construction services, we take responsibility for the impact our business activities have on the environment and strive to contribute to achieving the global climate targets.
Climate neutrality along the value chain by 2040
In the Group-wide sustainability strategy adopted in 2021, STRABAG commits to climate neutrality along the entire value chain by 2040. In recent years, we have developed a data basis to measure our emissions. For a company of our size with its extensive diversification, both regionally and by construction sector, this is a complex task, as it requires compiling, consolidating, evaluating and analysing an immense amount of data from different countries, different production facilities and individual construction sites.
Sustainability Management is part of the STRABAG Innovation & Digitalisation (SID) central division under the responsibility of CEO Klemens Haselsteiner and is responsible for the Group's overarching sustainability management. The tasks range from the further development of sustainability governance to the support and implementation of pilot projects and sustainability reporting in accordance with legal requirements. Since 2023, Sustainability Management has also been responsible for the establishment and further development of a social compliance management system in order to check our corporate sphere of influence for human rights risks, among other things.
STRABAG SE’s sustainability management is based on globally recognised rules and frameworks, the Sustainable Development Goals (SDGs) and the principles of the UN Global Compact. At the heart of our sustainability management is the materiality analysis, which we use to identify the greatest levers for targeted sustainability performance.
Under the leadership of our Sustainability Management, a four-tier corporate-wide governance structure involving all management levels from the Management Board to site management was established in 2022. In addition to the Management Board and the division and central divisions, the Sustainability Steering Committee steers the corporate-wide sustainability management while monitoring the achievement of both the strategic sustainability goal and the sub-goals. The sustainability network offers, among other things, the opportunity for an overarching exchange and the definition of best practices. These committees meet at regular intervals to discuss their activities and take new steps. At the same time, the exchange enables any negative effects to be identified at an early stage.
New proposals for strategic topics as well as associated indicators, targets and risks are developed by the specialist managers, supported by Sustainability Management, and then discussed, revised if necessary and approved by the STRABAG SE Management Board. Strategically critical events are brought to the attention of the Management Board meetings on an ad hoc basis.
The Group’s clear commitment to climate-neutral business practices keeps us competitive and aligns our portfolio of services to future demands and developments on the market. At the same time, the company remains alert to innovative solutions outside the Group that could create fresh forward momentum in the core business.