Sustainability management
ESG management of STRABAG SE
Customised solutions for sustainable success
Sustainable management is a constant challenge. We meet this challenge with solutions that are customised to us as a company and our industry. The scope of ESG management is diverse and characterised by the renewal of processes. We focus on the activities of our core business and consistently integrate effective measures.
This requires Group-wide ESG management. The topics in the areas of environment, social responsibility and governance are wide-ranging and are therefore dealt with in different areas of the Group. Together, these areas are responsible for standardised and coordinated sustainability management. ESG management reports directly to the CEO of STRABAG SE. This sends an important signal to employees: Sustainability is at the top of the agenda at STRABAG. Sustainability management topics are considered in the long term, are strategically anchored and are supported by top management.
Governance structure
A key prerequisite for successful sustainability management is anchoring sustainability in the core business. This includes advising and supporting the operating units as well as the corporate staff and central departments in putting the sustainability strategy into practice. This knowledge transfer is essential, particularly for the optimal processing of proposals, the development of new technologies and the testing of new processes.
The governance structure serves to identify STRABAG's impacts, risks and opportunities at an early stage as part of forward-looking ESG risk management. This allows countermeasures to be developed and implemented at an early stage. The clearly defined structure also makes it easier for us to implement the objectives of our sustainability strategy across the Group
Through short communication and decision-making channels, we involve representatives from all Group units with diverse expertise. ESG management works closely with both the Sustainability Network and the Sustainability Steering Committee. and reporting to the STRABAG SE Management Board and the Supervisory Board of STRABAG SE completes the governance structure.
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Supervisory Board of STRABAG SE
The Supervisory Board is the controlling body of STRABAG SE. It is involved in various decision-making processes on a regular and ad hoc basis. The focus here is on key business developments and risk analyses. The Executive Board of STRABAG SE reports to the Supervisory Board once a year on topics such as anti-corruption and sustainability. In addition, the Supervisory Board is informed about sustainability developments in an annual ESG update.
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Management Board of STRABAG SE
The Management Board sets the strategic framework - also regarding sustainability management - and therefore makes decisions in accordance with the rules of procedure. In particular, projects that exceed a certain project amount or scope are decided by the Management Board. To continuously drive forward the objectives of the sustainability strategy, sustainability is a fixed item at every Management Board meeting. Thereby, various topics from the areas of ESG management are addressed and dealt with.
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Sustainability Steering Committee
The Sustainability Steering Committee, or SCS for short, governs the Group-wide sustainability management. It is chaired by the CEO of STRABAG SE. The SCS is made up of representatives from all of STRABAG's and largely reflects our value chain. The representatives on the SCS are responsible for specific topics. The SCS is actively involved in achieving the strategic sustainability goals and helps to shape the necessary policies and frameworks. If necessary, these are submitted to the Management Board as recommendations
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Sustainability Network
All organisational units are represented in the Sustainability Network by nominated representatives. The network facilitates an overarching exchange of experience and knowledge with a focus on best practices. The representatives provide support with their specific expertise and are responsible for monitoring sustainability projects in the respective units.
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Implementation by Group management
For our sustainability strategy to be implemented in our core business, we need the intensive cooperation and commitment of our Group Divisions as well as the Central Staff Divisions and Central Division. Together with the experts from the various business units of STRABAG, projects are planned, further developed and brought to our construction sites. Corresponding sustainability staff units are responsible for implementation in many organisational units.
Stakeholder Engagement
In addition to involving internal stakeholders, STRABAG also promotes dialogue with various external interest groups. Our customers, investors and suppliers are a particular focus here. We also maintain contact with universities and the media, political institutions and to NGOs as spokespersons for "silent" stakeholders such as nature. Various engagement and dialogue formats are chosen to foster exchange between STRABAG and the stakeholder groups.
- Investors are informed in the course of the Annual General Meeting. The format also serves to answer open questions from investors. Information and questions about STRABAG's sustainability strategy are of great relevance here.
- The Strategic Update format is used to inform STRABAG's investors about strategic developments
- STRABAG's participation in specialist conferences and trade fairs promotes dialogue with peers and experts on various topics.
- We organise regular stakeholder dialogues to gather and discuss different perspectives on STRABAG's sustainability issues.
STRABAG is a sponsoring partner of the Stiftung KlimaWirtschaft
Climate protection needs commitment: STRABAG SE sets an example for corporate responsibility in climate protection
The Stiftung KlimaWirtschaft actively promotes compliance with and implementation of the European and German climate targets. Since the beginning of 2023, STRABAG SE is now part of this alliance. As a new sponsor of the Stiftung KlimaWirtschaft, STRABAG SE is striving for climate neutrality along the entire value chain by 2040. The focus of the cooperation is on the circular economy, sustainable building materials and CO2-saving processes in the construction industry.
STRABAG SE participates in the Forum Alpbach
The Forum Alpbach offers a valuable platform for interdisciplinary exchange and the development of new ideas for a strong and democratic Europe.
As part of the “Circular Economy in the Construction Industry” lab, STRABAG SE is bringing together a diverse group of 30 participants to develop practicable solutions to the challenges of the green transformation in the construction industry.
