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.
+5 vs industry average
RAG Austria AG’s score of 19 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas Works is among the most carbon-intensive industries
Industry performance
The Gas Works industry has reduced its overall emissions by 8% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
RAG Austria AG's reported carbon emissions
In 2022, RAG Austria AG reported total carbon emissions of approximately 126 million kg CO2e, comprising 71 million kg CO2e from Scope 1 and 50 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. 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 the decarbonisation of power generation by 2030. This commitment applies to all scopes of emissions, including Scope 1 and Scope 2, with specific targets set for these categories. The emissions data for RAG Austria AG is cascaded from its parent company, EVN AG, reflecting a corporate family relationship. The company is actively working towards these ambitious reduction targets as part of its sustainability initiatives.
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RAG Austria AG’s Climate Goals (2030 & 2050)
3 goals2030
36% reduction in Scope 1
Die Ziele der österreichischen Klima und Energiestrategie „#mission2030“ sehen neben dem Ausbau der erneuerbaren Energie die Reduktion der…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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