RAG Austria AG Sustainability Profile
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 60% 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 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 disclosed emissions data for both Scope 1 and Scope 2 but has not reported any Scope 3 emissions. RAG Austria AG is committed to significant climate action through 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 target applies to all scopes of emissions, including both Scope 1 and Scope 2. The emissions data is cascaded from the parent company, with the overarching climate strategy being influenced by the initiatives of EVN AG, the ultimate parent organization. RAG Austria AG's performance and reduction targets are aligned with these broader corporate commitments, ensuring a cohesive approach to sustainability and emissions reduction across the corporate family.
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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 | - | - | - | - | - |
How Carbon Intensive is RAG Austria AG's Industry?
How Carbon Intensive is RAG Austria AG's Location?
RAG Austria AG's Climate Goals (2030 & 2050)
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.
RAG Austria AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
