Evn Sustainability Profile
Evn, officially known as EVN AG, is a prominent energy and utility company headquartered in Austria (AT). Established in 1992, Evn has grown to become a key player in the energy sector, primarily operating in Central and Eastern Europe. The company focuses on electricity, gas, and water supply, alongside waste management services, positioning itself as a comprehensive provider of essential utilities. Evn is recognised for its commitment to sustainability and innovation, offering unique solutions such as renewable energy projects and smart grid technologies. With a strong market presence, Evn has achieved significant milestones, including the expansion of its renewable energy portfolio and strategic partnerships across the region. As a leader in the energy industry, Evn continues to drive advancements in utility services while prioritising environmental responsibility.
DitchCarbon Score
How does Evn'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 Electricity from Other Sources 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
Evn's score of 40 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Evn's reported carbon emissions
In 2023, EVN AG reported significant carbon emissions, totalling approximately 7,000,000,000 kg CO2e across all scopes. This includes 792,949,000 kg CO2e from Scope 1, 957,859,000 kg CO2e from Scope 2 (location-based), and a substantial 6,169,244,000 kg CO2e from Scope 3 emissions. The previous year, 2022, saw similar figures with total emissions of about 7,500,000,000 kg CO2e, indicating a need for ongoing reduction efforts. EVN has set ambitious climate commitments, aiming for a 37.5% reduction in absolute CO2e emissions from heat generation and thermal waste utilisation (Scope 1) and from network losses and own consumption (Scope 2) by 2031. Additionally, they have established Science Based Targets Initiative (SBTi) targets, committing to a 37.5% reduction in Scope 1, Scope 2, and upstream Scope 3 emissions by 2034, with a more aggressive near-term target of 77.98% reduction in Scope 1 emissions per MWh by FY2031. These targets are part of EVN's broader strategy to align with climate science and contribute to global efforts to limit temperature rise to well below 2°C. The emissions data and targets are cascaded from the parent company, EVN AG, reflecting a corporate commitment to sustainability and climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,565,571,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,416,404,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 8,442,620,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Evn's Industry?
How Carbon Intensive is Evn's Location?
Evn's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Evn has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Evn's sustainability data and climate commitments