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RAG Austria AG, commonly known as RAG Austria or simply RAG, is a leading Austrian energy company headquartered in Austria. With a rich history spanning over 85 years, it operates primarily in the 'Gas Works Gas' industry, excelling in natural gas storage and responsible production.
As Austria's largest gas storage operator, RAG Austria specialises in secure, efficient subsurface solutions for energy provision. The company is a pioneer in the energy transition, actively developing innovative technologies for renewable gases like hydrogen and biomethane, alongside advanced CO2 storage solutions.
This dual focus on traditional natural gas resources and future-proof energy solutions positions RAG Austria as a vital contributor to European energy security and sustainability. Its deep geological expertise ensures reliable energy infrastructure and drives the development of a resilient energy future.
+5 vs industry average
RAG Austria AG’s score of 19 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gas Works is among the most carbon-intensive industries
The Gas Works industry has reduced its overall emissions by 18% since 2018
Scope 3 accounts for ••• of total emissions.
RAG Austria AG, based in Austria and operating in the Gas Works Gas industry, reported total Scope 1 emissions of approximately 71,000,000 kg CO2e and Scope 2 emissions of about 50,000,000 kg CO2e in 2022. In 2021, their Scope 1 emissions were around 74,700,000 kg CO2e and Scope 2 emissions were approximately 31,300,000 kg CO2e. For 2020, the company reported Scope 1 emissions of about 54,300,000 kg CO2e and Scope 2 emissions of roughly 23,700,000 kg CO2e. In 2019, Scope 1 emissions were approximately 64,000,000 kg CO2e and Scope 2 emissions were about 66,500,000 kg CO2e. Looking back to 2018, Scope 1 emissions stood at approximately 72,100,000 kg CO2e and Scope 2 emissions at roughly 57,700,000 kg CO2e. RAG Austria AG has not disclosed Scope 3 emissions data.
The company has set near-term absolute reduction targets. They aim for a 36% reduction in greenhouse gas emissions across all scopes by 2030, using 2018 as the base year. This target is aligned with Austria’s “mission 2030” climate and energy strategy, which also includes expanding renewable energy generation and achieving decarbonised power generation. Specific targets for Scope 1 and Scope 2 emissions also indicate a 36% absolute reduction by 2030, with 2018 as the base year. These targets were documented in their 2020 sustainability report.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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