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.
Industry Average
Mean score of companies in the 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
Voestalpine's score of 40 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Voestalpine's reported carbon emissions
In 2023, Voestalpine reported total carbon emissions of approximately 8,700,000,000 kg CO2e, with emissions distributed across various scopes: 8,700,000,000 kg CO2e for Scope 1, 530,000,000 kg CO2e for Scope 2, and 3,700,000,000 kg CO2e for Scope 3. This reflects a significant commitment to reducing greenhouse gas emissions across all operational areas. Voestalpine has set ambitious reduction targets, aiming to decrease absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2029, using 2019 as the baseline year. Additionally, the company plans to reduce absolute Scope 3 emissions by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to well below 2°C. Furthermore, Voestalpine has initiated a long-term commitment to achieve net-zero emissions across all scopes by 2035, marking a significant step towards sustainability and climate responsibility. The company's proactive approach to emissions reduction underscores its dedication to environmental stewardship within the mining and metals sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,400,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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.
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.
