Consolidated Non-Financial Statement

Background

The Corporate Sustainability Reporting Directive (EU) 2022/2464 (CSRD) entered into force and replaced the Non-Financial Reporting Directive 2014/95/EU (NFRD) on 5 January 2023. As at 4 April 2025, at the time that this sustainability report was being prepared, the CSRD had not yet been transposed into national law in Austria.

The present consolidated non-financial statement was prepared in accordance with the Austrian Sustainability and Diversity Improvement Act (NaDiVeG) implementing Directive 2014/95/EU and covers the main sustainability matters of our company. Pursuant to Section 267a of the Austrian Commercial Code (UGB), certain topics must be addressed in the non-financial statement if they are relevant to an understanding of the impacts of the company’s activities. In this report, these topics are addressed in the following chapters: E1, E4 and E5 (environmental concerns), S1 and S2 (employee concerns), S1, S2 and S3 (respect for human rights) and G1 (combating corruption and bribery). The consolidated sustainability report was prepared in accordance with Article 29a of the Accounting Directive 2013/34/EU and complies with the European Sustainability Reporting Standards (ESRS) and the EU Taxonomy Regulation.

In the EU Taxonomy section, STRABAG discloses its share of Taxonomy-eligible and Taxonomy-aligned economic activities with regard to turnover (revenue), capital expenditures (CapEx) and operating expenditures (OpEx) as well as its compliance with minimum social safeguards.

The sustainability report was subjected to a voluntary limited assurance engagement conducted by PwC Wirtschaftsprüfung GmbH, Vienna, to verify compliance with the CSRD requirements.

2024 ESG year in review

The key factor to achieving our sustainability goals is to anchor sustainability in STRABAG’s core business. Given the STRABAG Group’s decentralised structure and international dimension of its business activities, this is a complex task. The most important priority issues in the year under report were:

• Commitment to science-based climate targets, confirmed by the Science Based Targets initiative (SBTi): We are committed to the 1.5 °C goal and are setting climate targets that are in line with the latest scientific findings. A transformation plan was approved during the reporting year to convert the vehicle fleet, construction equipment and other facilities – particularly in the building materials sector – to renewable energies, to increase efficiency through innovative technologies and to create climate-neutral administration offices. For more information, please see the chapter Climate change.
• Expansion of the sustainability strategy: Besides a clear commitment to decarbonisation, the sustainability strategy encompasses additional environmental, social and governance aspects.
• Strengthening our expertise in climate-neutral buildings: The acquisitions of the Triburuzek Group (Austria), Climtech (Germany) and ELCO (Luxembourg) have allowed STRABAG to expand its M&E and energy management expertise and to position itself as a full-service provider for the decarbonisation of existing buildings.
• Consolidating our expertise in reconstruction, conversion and refurbishment in BESTAND BEYOND: The brand supports the comprehensive refurbishment of existing buildings and contributes to the conservation of resources in the sense of a functioning circular economy, while also counteracting additional soil sealing.
• Development of the serial timber hybrid construction system MOLENO® WOHNEN: The combination of prefabricated timber and concrete elements, along with a systemic concept and an AI configurator, helps to promote a more sustainable and climate-friendly building process.
• New sustainable building materials as part of the business model: With the acquisition of Naporo Klima Dämmstoff GmbH, STRABAG is expanding its portfolio to include climate-friendly insulation materials made from hemp, flax and PET fibres.
• Implementation of all preparatory work to fulfil the requirements of the Corporate Sustainability Reporting Directive (EU) 2022/2464 (CSRD): The preparatory work includes, among other things, the ongoing development of ESG risk management and structural data collection, particularly for reporting on Scope 3 emissions.
• Expansion of our educational offering: Mandatory training on sustainability has been rolled out for all of the Group’s employees to provide basic knowledge on environmental, social and governance aspects. The training programme is to be further developed in the future.