Verbund AG, commonly referred to as Verbund, is a leading Austrian energy company headquartered in Vienna, Austria. Established in 1947, Verbund has grown to become a key player in the European energy sector, primarily focusing on hydropower generation, electricity supply, and renewable energy solutions. With a strong operational presence in Austria and Germany, the company harnesses its extensive portfolio of hydroelectric plants to deliver sustainable energy. Verbund is renowned for its commitment to environmental sustainability, offering innovative products and services that cater to the evolving energy market. The company has achieved significant milestones, including the expansion of its renewable energy capacity and the implementation of cutting-edge technologies. As a market leader, Verbund continues to drive the transition towards a greener energy future, solidifying its position as a trusted provider in the industry.
How does Verbund'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.
Verbund's score of 45 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Verbund reported total carbon emissions of approximately 2,920,000 kg CO2e from Scope 1, 2, and 3 sources. Specifically, Scope 1 emissions were about 292,000 kg CO2e, while Scope 2 emissions totalled approximately 258,000 kg CO2e (market-based) and 230,000 kg CO2e (location-based). Scope 3 emissions were significant, amounting to around 4,353,000 kg CO2e, with notable contributions from fuel and energy-related activities (approximately 3,869,000 kg CO2e). Verbund has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company continues to focus on sustainability and aims to enhance its operational efficiency in line with industry standards. Verbund's emissions data reflects its ongoing efforts to address climate change and transition towards a more sustainable energy model.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,260,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 340,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 400,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Verbund is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.