Voestalpine

Voestalpine, an Austrian Iron and Steel Pipe and Tube Manufacturing company, reported its latest carbon emissions for 2025 as approximately 22.7 billion kg CO2e. This total includes around 12.1 billion kg CO2e from Scope 1 emissions, 800 million kg CO2e from market-based Scope 2 emissions (or 600 million kg CO2e location-based), and about 9.8 billion kg CO2e from Scope 3 emissions.

Voestalpine has set several climate commitments, including near-term and long-term targets. The company aims to achieve net-zero emissions by no later than 2050. This long-term goal involves transitioning to carbon-neutral production by replacing coal with renewable electricity and green hydrogen.

As part of the Science Based Targets Initiative (SBTi), Voestalpine has committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2029, against a 2019 baseline. Furthermore, the company also aims to reduce its absolute Scope 3 GHG emissions by 25% within the same timeframe. The targets for Scope 1 and 2 emissions are consistent with a "Well-below 2°C" warming scenario.

Specific to its divisions, the High Performance Metals Division plans to lower its Scope 1 and Scope 2 CO2 emissions by 50% by 2029. The Metal Forming Division aims to achieve climate-neutral production by 2035. Additionally, Scope 1 CO2 emissions from steel production at its Linz and Donawitz sites are targeted for a 30% reduction by 2030, aiming for a total of 8.5 million tonnes.