Rhi Magnesita

Rhi Magnesita's reported carbon emissions

RHI Magnesita, headquartered in Austria and operating in the basic iron and steel and ferro-alloys industry, has reported significant carbon emissions across its operations. In 2025, the company's total emissions were approximately 6.26 billion kg CO2e. This breaks down into Scope 1 emissions of around 2.18 billion kg CO2e, Scope 2 emissions of approximately 83 million kg CO2e (market-based), and Scope 3 emissions totalling about 3.99 billion kg CO2e. Scope 3 emissions are notably driven by purchased goods and services, which accounted for approximately 4.86 billion kg CO2e in 2025. For 2024, total emissions were approximately 6.24 billion kg CO2e, comprising Scope 1 emissions of around 2.25 billion kg CO2e, Scope 2 emissions of approximately 99 million kg CO2e, and Scope 3 emissions of about 3.88 billion kg CO2e. In 2023, RHI Magnesita reported total emissions of approximately 5.98 billion kg CO2e. Scope 1 emissions were around 2.18 billion kg CO2e, Scope 2 emissions approximately 115 million kg CO2e, and Scope 3 emissions totalled about 3.69 billion kg CO2e. The largest contributor within Scope 3 for this year was purchased goods and services, at approximately 2.41 billion kg CO2e. RHI Magnesita has established ambitious climate commitments, aiming for net-zero emissions by 2050 across all scopes. They are working towards this goal with near-term targets, including a reduction of Scope 1 emissions by 9% and Scope 2 emissions by 5% by 2030, using 2024 as a baseline. Additionally, there is a target to reduce emission intensity by 10% per tonne of product for Scope 1, 2, and 3 (raw materials) by 2030, against a 2024 baseline. The company also aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Further initiatives include a target to reduce CO2 intensity by 15% by 2025. The Group has developed a theoretical pathway to decrease its Scope 1, Scope 2, and Scope 3 (raw materials) carbon emissions from refractory production to close to zero by 2050.