Public Profile

Voestalpine

Voestalpine AG, headquartered in Linz, Austria, is a leading global player in the steel and technology industry. Founded in 1938, the company has evolved into a key provider of high-quality steel products and innovative solutions across various sectors, including automotive, aerospace, and construction. With a strong presence in Europe, North America, and Asia, Voestalpine is renowned for its advanced manufacturing processes and commitment to sustainability. The company’s core offerings include flat steel products, long products, and special steel grades, distinguished by their exceptional quality and performance. Voestalpine's dedication to research and development has positioned it as a market leader, achieving notable milestones such as pioneering high-strength steel solutions. This focus on innovation and excellence has solidified its reputation as a trusted partner in the global steel market.

DitchCarbon Score

How does Voestalpine'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.

36

Industry Average

Mean score of companies in the Iron and Steel Production 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.

14

Industry Benchmark

Voestalpine's score of 36 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Voestalpine's reported carbon emissions

In 2023, Voestalpine reported total carbon emissions of approximately 14,710 kg CO2e, with emissions distributed across various scopes: 2,531,000 kg CO2e for Scope 1, 530,000 kg CO2e for Scope 2, and 80,941,000 kg CO2e for Scope 3. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. Voestalpine has set ambitious reduction targets as part of its climate commitments. The company aims to achieve a 30% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2029, using 2019 as the base year. Additionally, it targets a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with efforts to limit global warming to well below 2°C. Looking further ahead, Voestalpine has initiated the "CO2UNTDOWN" programme, committing to reach net-zero emissions across all scopes by 2035. This long-term goal underscores the company's dedication to sustainability and climate action. Overall, Voestalpine's emissions data and reduction initiatives reflect a proactive approach to addressing climate change, positioning the company as a responsible player in the mining and metals sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201820192020202120222023
Scope 1
11,400,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000
0,000,000
0,000,000
Scope 2
-
-
000,000,000
000,000,000
000,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
00,000,000,000
0,000,000,000
0,000,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Voestalpine's primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Voestalpine is headquartered in AT, which has a rank of very low, indicating very low grid carbon 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.

Voestalpine is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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