Voestalpine

Voestalpine AG, an Austrian Iron and Steel Pipe and Tube Manufacturing company, reported total emissions of approximately 22.7 billion kg CO2e in 2025. This included about 12.1 billion kg CO2e from Scope 1 emissions, around 800 million kg CO2e from Scope 2 (market-based), and approximately 9.8 billion kg CO2e from Scope 3 emissions. In 2023, the company reported Scope 1 emissions of approximately 12.53 billion kg CO2e, Scope 2 emissions (market-based) of about 600 million kg CO2e, and Scope 3 emissions of around 11.26 billion kg CO2e. This followed 2022 emissions of approximately 12.71 billion kg CO2e for Scope 1, 480 million kg CO2e for Scope 2 (market-based), and 11.31 billion kg CO2e for Scope 3.

Voestalpine AG has set several climate commitments. The company has committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 30% and Scope 3 GHG emissions by 25% by 2029, against a 2019 baseline year. These near-term targets are classified as consistent with reductions required to keep warming to well-below 2°C by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero emissions across all scopes by no later than 2050, in line with the EU emissions trading target path. Additionally, Voestalpine's High Performance Metals Division plans to reduce its Scope 1 and Scope 2 CO2 emissions by 50% by 2029. The Metal Forming Division aims for climate-neutral production by 2035.