Verbund AG, commonly referred to as Verbund, is a leading player in the electricity sector, headquartered in Austria (AT). Established in 1947, the company has grown to become a significant force in the renewable energy landscape, primarily focusing on hydropower, wind energy, and solar energy solutions. With a strong operational presence across Austria and Germany, Verbund is committed to sustainable energy production and innovative electricity services.
The company’s core offerings include electricity generation, energy trading, and grid management, distinguished by their emphasis on eco-friendly practices and cutting-edge technology. Verbund has achieved notable milestones, including substantial investments in renewable energy infrastructure, positioning itself as a market leader in the transition to a greener energy future. With a robust portfolio and a commitment to sustainability, Verbund continues to shape the electricity industry in Europe.
+45 vs industry average
Verbund’s score of 61 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Verbund?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Verbund's reported carbon emissions
Verbund's Climate Commitments and Emissions Performance
Verbund, an electricity utility based in Austria (AT), is committed to significant greenhouse gas (GHG) emission reductions. The company aims for climate neutrality by 2045 and has set ambitious targets for 2030 and 2040.
Emissions Data:
- In 2025, Verbund reported total GHG emissions of approximately 4.2 billion kg CO2e. This comprised about 857.2 million kg CO2e from Scope 1, roughly 226.9 million kg CO2e from Scope 2 (market-based), and approximately 3.1 billion kg CO2e from Scope 3.
- For 2024, total emissions were around 5.1 billion kg CO2e, with Scope 1 at approximately 500 million kg CO2e, Scope 2 (market-based) at about 235 million kg CO2e, and Scope 3 at nearly 4.3 billion kg CO2e.
- In 2023, total emissions stood at approximately 4.9 billion kg CO2e, with Scope 1 emissions at about 292.3 million kg CO2e, Scope 2 (market-based) at around 273.4 million kg CO2e, and Scope 3 at over 4.3 billion kg CO2e.
- Scope 1 emissions for 2022 were approximately 585 million kg CO2e, and Scope 2 (market-based) was about 278 million kg CO2e. Scope 3 emissions for this year totalled around 5.2 billion kg CO2e.
- In 2021, Scope 1 emissions were reported as approximately 454 million kg CO2e, with Scope 2 (market-based) at roughly 255 million kg CO2e and Scope 3 emissions at about 3.9 billion kg CO2e.
- For 2020, Verbund's total emissions were approximately 6.3 billion kg CO2e, with Scope 1 at about 738 million kg CO2e, Scope 2 (market-based) at around 294 million kg CO2e, and Scope 3 at over 5.2 billion kg CO2e.
- In 2019, Scope 1 emissions were approximately 1.1 billion kg CO2e, and Scope 2 (market-based) was about 312 million kg CO2e. Scope 3 emissions were around 373 million kg CO2e.
- For 2018, Scope 1 emissions were approximately 1.1 billion kg CO2e, and Scope 2 (market-based) was about 284 million kg CO2e. Scope 3 emissions were approximately 327 million kg CO2e.
- In 2017, total emissions were about 2 billion kg CO2e, with Scope 1 at approximately 1.4 billion kg CO2e, and Scope 2 (market-based) at around 312 million kg CO2e. Scope 3 emissions were about 378 million kg CO2e.
- For 2016, total emissions were approximately 1.5 billion kg CO2e, with Scope 1 at about 1 billion kg CO2e, and Scope 2 (market-based) at roughly 273 million kg CO2e. Scope 3 emissions were about 255 million kg CO2e.
- In 2015, Verbund reported total emissions of approximately 2.4 billion kg CO2e, with Scope 1 at about 1.7 billion kg CO2e, and Scope 2 (market-based) at approximately 300 million kg CO2e. Scope 3 emissions were around 314 million kg CO2e.
- For 2014, total emissions were approximately 2.5 billion kg CO2e, with Scope 1 at about 1.8 billion kg CO2e, and Scope 2 at around 491 million kg CO2e. Scope 3 emissions were approximately 276 million kg CO2e.
- In 2013, total emissions were approximately 4.2 billion kg CO2e, with Scope 1 at about 2.8 billion kg CO2e, and Scope 2 at approximately 985 million kg CO2e. Scope 3 emissions were around 441 million kg CO2e.
Reduction Targets and Initiatives:
Verbund has established several emissions reduction targets, including:
- A commitment to reduce absolute Scope 1, 2, and 3 GHG emissions (excluding Category 2) by 74% between 2020 and 2030.
- A target to reduce the intensity of Scope 1 emissions from electricity generation by 40% by 2030, relative to a 2020 baseline.
- An objective to reduce the intensity of Scope 3 emissions from electricity sales by 90% by 2030, also based on the 2020 baseline.
- Previously, Verbund aimed to reduce Scope 1 emissions by 16% by 2030 (from a 2015 baseline).
- Another target involves a 65% reduction in emissions by 2030, using a 1990 baseline.
- The company also aims for an 88% reduction in GHG emissions by 2040 compared to 1990 levels.
- Verbund is working towards climate neutrality by 2045.
- In the long term, Verbund aims for net zero greenhouse gas emissions by 2050, involving a reduction of at least 90% with the elimination of unavoidable residual emissions (excluding Category 2, baseline year 2020).
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Verbund’s Climate Goals (2030 & 2050)
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.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Verbund
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project