RAG Austria AG
RAG Austria AG, a prominent player in the energy and resource sector, is headquartered in Austria (AT) and operates extensively across Central and Eastern Europe. Founded in 1998, the company has established itself as a leader in the fields of natural gas storage, exploration, and production, contributing significantly to the region's energy security. RAG Austria AG is renowned for its innovative approach to energy solutions, offering unique services in gas storage and underground gas facilities. The company’s commitment to sustainability and efficiency has positioned it as a trusted partner in the energy market. With a strong focus on technological advancement, RAG Austria AG continues to achieve notable milestones, reinforcing its status as a key player in the industry.
DitchCarbon Score
How does RAG Austria AG's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas Works industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
RAG Austria AG's score of 21 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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RAG Austria AG's reported carbon emissions
In 2022, RAG Austria AG reported total carbon emissions of approximately 71,000,000 kg CO2e for Scope 1 and about 50,000,000 kg CO2e for Scope 2. This reflects a slight decrease from 2021, where emissions were approximately 74,700,000 kg CO2e for Scope 1 and about 31,300,000 kg CO2e for Scope 2. The company has not disclosed any Scope 3 emissions data. RAG Austria AG is committed to significant climate action, aligning with Austria's "mission 2030" climate and energy strategy, which aims for a 36% reduction in greenhouse gas emissions and a transition to decarbonised power generation by 2030. This commitment encompasses all scopes of emissions, with specific targets set for Scope 1 and Scope 2 emissions. The emissions data for RAG Austria AG is cascaded from its parent company, EVN AG, indicating a structured approach to sustainability within the corporate family. The company is actively working towards its reduction targets, contributing to broader national climate goals.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 72,100,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 57,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
RAG Austria AG is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
