team and the CSR Committee makes it possible to develop strategic ideas into sustainable products and services spanning the project life cycle and to take them to the market.
The rigorous alignment of our activities to stakeholder needs is also reflected in the composition of central decisionmaking bodies. Members of the CSR Committee, for example, include representatives of the Works Council and of the Investor Relations and Corporate Communications centers. Client interests are represented by the sustainability excellence team.
Strong scores in international rankings
The success of the consistently implemented HOCHTIEF strategy feeds through to substantially better-than-average performance in global corporate rankings. A case in point is the 2008 ranking of the world’s largest construction companies published by the Engineering News-Record, a major industry periodical. HOCHTIEF ranked first in Top International Contractors and fifth in Top Global Contractors. No other company in the industry is as strongly international as HOCHTIEF.
Since February 2009, our company also features in the Global 100 Most
Sustainable Corporations in the World, a ranking compiled by Canada’s Corporate
Knights media group in cooperation with Innovest Strategic Value Advisory. Our
outstanding reputation is reflected in Fortune Magazine’s 2009 global ranking,
which places HOCHTIEF fifth among the most admired German companies.
Sustainability an asset on the capital markets
In September 2009, HOCHTIEF featured in the highly regarded Dow Jones Sustainability Indexes for the fourth time in a row. We remain the sole German construction services provider to receive this accolade. Our Australian subsidiary Leighton joined the same select group in March 2009 with a listing in the Dow Jones Sustainability Asia Pacific Index.
Michael Riley on …
… the growing importance of the DJSI
Any manager looking for a competitive advantage t oday will find that deploying sustainable business processes cuts risk and unlocks business opportunities emerging from long-term economic, environmental and social trends. So the Dow Jones Sustainability Indexes are a key means of appraising sustainability profiles for companies and investors alike.
… the DJSI rating and listing process
All economic, environmental and social criteria relevant to long-term value are assessed, mainly from a questionnaire, an analysis of generally available data and personal interviews with people at the companies concerned.
… the benefits of DJSI for companies and investors
The SAM assessment for the DJSI lets a company quantify and rank its strengths and weaknesses on the sustainability front. This means companies find out how they can enhance value in the long term by building economic, environmental and social factors into their business strategy. And investors can use the DJSI as a decision making filter to hone in on the best performers in each sector.
… the potential for sustainable investments
We expect that in ten years, investments in sustainable projects will account for 15 to 20 percent of global assets under management. And after the financial crisis especially, we are going to see sustainability featuring more and more as a criterion in investment decisions.
HOCHTIEF secured Gold
Class status in the Heavy
Construction sector in the
SAM Sustainability Yearbook
2009.