voestalpine AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022-2023, 2020, 2019

In its 2023 reporting, voestalpine AG disclosed greenhouse gas emissions of 12.5 million tons of CO2e (Scope 1, 2023). By scope: Scope 1: 12.5 million tCO2e (2023); Scope 2: 0.60 million tCO2e (market-based, 2023); Scope 3: 8.85 million tCO2e (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
12.5 million tons of CO2e (Scope 1, 2023)
2023
⚡
Renewable Energy
3% of total energy consumption (2023)
of total energy
💧
Water Usage
739 million m3 (2023)
2023
♻️
Waste
169 kg per ton of product (non-hazardous, 2023)
2023
⚙️
Energy Use
36.4 TWh (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).12.5 million tCO2e (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.0.60 million tCO2e (market-based, 2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).8.85 million tCO2e (2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202312.5 million tons of CO2e (Scope 1, 2023)
2022-2023608 tCO2e (Scope 1 & 2)
202012.4 million tCO2e (Scope 1)
201913.6 million tons of CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption (exact target not specified)
  • Implement standardized environmental management system (EMS) and obtain certifications at all relevant production facilities by 2025
  • Evaluate 70% of the Group’s total purchasing volume (especially 100% of all critical raw material deliveries) based on sustainability criteria by 2025
  • Reduce LTIFR by a further 30% to 5.5 by 2030

📅 Medium-term

  • Increase the use of scrap in crude steel production by 50% by 2030
  • Reduce Scope 1 and Scope 2 emissions by 30% by 2029 (relative to 2019)
  • Reduce Scope 3 emissions by 25% by 2029 (relative to 2019)
  • Achieve climate neutrality in Metal Forming Division's production activities by 2035
  • Increase the proportion of women in management positions from 14% to 18% by 2030

🔭 Long-term

  • Achieve net zero CO2 emissions by 2050

🌱 ESG Focus Areas

Climate Action and Environmental ProtectionSustainability in the Supply ChainResearch and DevelopmentSustainable Products and ServicesHuman Resourceshealth & safetyCompliance and Corporate GovernanceStakeholder ManagementSociety

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events
  • Potential cost risk from increases in the price of emission allowances
  • Risks associated with the greentec steel climate protection program (complexity, schedule changes, financing)
  • Data limitations in determining Scope 3 emissions

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards
Assurance: Deloitte Audit Wirtschaftsprüfungs GmbH