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.
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.
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.
Voestalpine's score of 44 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Voestalpine reported total carbon emissions of approximately 12,530,000,000 kg CO2e from Scope 1, 600,000,000 kg CO2e from Scope 2, and 11,260,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint significantly. The company has set ambitious targets, aiming for a 30% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2029, using 2019 as the base year. Additionally, Voestalpine is targeting a 25% reduction in absolute Scope 3 emissions within the same timeframe. Looking towards the future, Voestalpine has initiated the "CO2UNTDOWN" programme, with a long-term goal of achieving net-zero emissions across all scopes by 2035. This commitment aligns with industry standards for climate action and reflects Voestalpine's dedication to sustainability in the mining and metals sector. The company’s efforts are crucial in addressing climate change and promoting environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
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 | 00,000,000,000 |
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 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 participating in some of the initiatives that 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.