Voestalpine

Voestalpine AG, an Austrian Iron and Steel Pipe and Tube Manufacturing company, reported total carbon emissions of approximately 22.7 billion kg CO2e in 2025. This included around 12.1 billion kg CO2e for Scope 1 emissions, 800 million kg CO2e for Scope 2 market-based emissions, and approximately 9.8 billion kg CO2e for Scope 3 emissions. For 2023, the company disclosed Scope 1 emissions of approximately 12.53 billion kg CO2e, Scope 2 market-based emissions of 600 million kg CO2e, and Scope 3 emissions of approximately 11.26 billion kg CO2e. In 2022, reported Scope 1 emissions were approximately 12.71 billion kg CO2e, Scope 2 market-based emissions were 480 million kg CO2e, and Scope 3 emissions totalled about 11.31 billion kg CO2e. For 2021, Voestalpine reported Scope 1 emissions of approximately 14.45 billion kg CO2e, Scope 2 market-based emissions of 550 million kg CO2e, and Scope 3 emissions of about 12.01 billion kg CO2e. In 2020, Scope 1 emissions were approximately 12.44 billion kg CO2e, Scope 2 market-based emissions were 640 million kg CO2e, and Scope 3 emissions were around 9.47 billion kg CO2e. In 2019, total emissions were approximately 24.9 billion kg CO2e, comprising about 12.8 billion kg CO2e for Scope 1, 1.1 billion kg CO2e for Scope 2 market-based, and approximately 11 billion kg CO2e for Scope 3.

Voestalpine has set several climate commitments. The company has committed to the Science Based Targets initiative (SBTi) to reduce absolute Scope 1 and 2 GHG emissions by 30% by 2029 from a 2019 base year. Concurrently, they aim to reduce absolute Scope 3 GHG emissions by 25% within the same timeframe. Voestalpine also pursues a medium-term target to reduce its Scope 1 and 2 emissions by 50% by the business year 2035/36. Looking further ahead, the company is committed to achieving net-zero emissions across all scopes by 2050 at the latest. This long-term concept aligns with the EU emissions trading target path and involves modular technology steps and options, including the use of fossil-free energy sources like green hydrogen, bioenergies, and carbon capture technologies. The Metal Forming Division specifically aims to achieve climate-neutral production by 2035.