Verbund AG

Common Name
Verbund
Country
Austria
Sector
Utilities
Industry
Utilities - Renewable
Employees
4,314
Ticker
VER
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
Verbund AG is an Austria-based electric utility company renowned for its extensive involvement in energy production, particularly within the hydropower sector. As one of Europe's leading producers of ...

Verbund's Climate Target Data Preview

As of 2024, Verbund has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 4 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Verbund ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold
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2030
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2040
Intensity-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Verbund's Greenhouse Gas Emissions Pathways

As of 2024, Verbund has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Verbund have a target to reduce the emissions from its operations?

As of 2024, Verbund has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Verbund's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2020.

As of 2024, Verbund is ahead of schedule on its operational emissions reduction target, having achieved 38.89% of the planned reduction.

Verbund's Operational (Scope 1+2) Emissions Pathway

202020242030204000000BaselineCurrent (-35%)Target 2040 (-90%)

Does Verbund have a target to reduce the emissions from its value chain?

As of 2024, Verbund has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Verbund's most ambitious value chain target is to reduce these emissions by 98% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold in 2020.

As of 2024, Verbund is ahead of schedule on its value chain emissions reduction target, having achieved 21.42% of the planned reduction.

Verbund's Value Chain (Scope 3) Emissions Pathway

202020242030204000000BaselineCurrent (-21%)Target 2040 (-98%)

Does Verbund have a target to reduce its total carbon footprint?

As of 2024, Verbund has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Verbund's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 6,241,532 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 90% by 2040.

As of 2024, Verbund is ahead of schedule on its total carbon footprint reduction target, having achieved 25.72% of the planned reduction.

Verbund's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202020242030204002 M4 M6 M8 MBaselineCurrent (-23%)Target 2030 (-74%)Target 2040 (-90%)
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