Evn, officially known as EVN AG, is a prominent energy and utility company headquartered in Austria (AT). Established in 1992, Evn has grown to become a key player in the energy sector, primarily operating in Central and Eastern Europe. The company focuses on electricity, gas, and water supply, alongside waste management services, positioning itself as a comprehensive provider of essential utilities. Evn is recognised for its commitment to sustainability and innovation, offering unique solutions such as renewable energy projects and smart grid technologies. With a strong market presence, Evn has achieved significant milestones, including the expansion of its renewable energy portfolio and strategic partnerships across the region. As a leader in the energy industry, Evn continues to drive advancements in utility services while prioritising environmental responsibility.
How does Evn'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.
Mean score of companies in the Electricity from Other Sources 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.
Evn's score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, EVN AG reported significant carbon emissions, totalling approximately 7,000,000,000 kg CO2e across all scopes. This includes 792,949,000 kg CO2e from Scope 1, 914,175,000 kg CO2e from Scope 2 (market-based), and a substantial 6,169,244,000 kg CO2e from Scope 3 emissions. The previous year, 2022, saw similar emissions levels, with Scope 1 at 895,598,000 kg CO2e, Scope 2 (market-based) at 1,055,545,000 kg CO2e, and Scope 3 at 7,505,859,000 kg CO2e. EVN has set ambitious reduction targets, aiming for a 37.5% absolute reduction in Scope 1 and Scope 2 emissions by 2031, with a baseline year of 2021. Additionally, they are committed to reducing Scope 3 emissions from the use of sold products by 37.5% over the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to keep global warming well below 2°C. Furthermore, EVN has established near-term targets, including a 77.98% reduction in Scope 1 emissions per MWh by FY2031, and a 74% reduction in Scope 1 and Scope 3 emissions from sold electricity and heat generation within the same period. These commitments reflect EVN's dedication to sustainability and climate action, as they work towards a more sustainable energy future. The emissions data and targets are cascaded from the parent company, EVN AG, ensuring a comprehensive approach to carbon management across its operations.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,565,571,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,416,404,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 8,442,620,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Evn has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
