Verbund
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Verbund's score of 43 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Verbund's reported carbon emissions
In 2023, Verbund reported total carbon emissions of approximately 4,353,000,000 kg CO2e, comprising 292,000,000 kg CO2e from Scope 1, 258,000,000 kg CO2e from Scope 2, and about 4,353,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting across all scopes. Verbund has demonstrated a significant reduction in emissions over the years. For instance, in 2021, their total emissions were approximately 4,947,000,000 kg CO2e, indicating a downward trend in their carbon footprint. The company has also made strides in improving their emissions intensity, with specific Scope 1 emissions reported at 0.008 kg CO2e per kWh in 2023. Despite the absence of formal reduction targets or climate pledges, Verbund's ongoing efforts to monitor and report emissions align with industry standards for climate accountability. Their focus on reducing emissions, particularly in Scope 1 and 2, showcases their commitment to sustainability and climate action within the energy sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
