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Verbund AG

Common Name
Verbund
Country
Austria
Sector
Utilities
Industry
Utilities - Renewable
Employees
4,385
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 GHG Emissions Data Preview

In 2024, Verbund completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Verbund has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Verbund’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Verbund’s data sources below and access millions more through our Disclosure Search.

a. Verbund's Integrated Report 2024
a. Verbund's Integrated Report 2024
b. Verbund's Integrated Report 2023
b. Verbund's Integrated Report 2023
c. Verbund's Integrated Report 2020
c. Verbund's Integrated Report 2020
d. Verbund's Integrated Report 2019
d. Verbund's Integrated Report 2019

Insights into Verbund's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofVerbund amounted to616,520metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Verbundincreased by 15.99%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Verbund's Scope 1 Emissions Over Time

20182019202020212022202320240300 k600 k900 k1.2 MtCO2e0%-31%-38%+29%-50%+71%
  • Total Scope 1
  • Year-over-Year Change

What are Verbund's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Verbund were 499,696 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Verbund reduced its Scope 1 emissions over time?

Since 2018, Verbund's Scope 1 emissions have decreased by 53.3%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Verbund's Scope 1 emissions increased by 70.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Verbund's Scope 2 emissions?

In 2024, Verbund reported Scope 2 greenhouse gas (GHG) emissions of 234,969 tCOâ‚‚e using the market-based method and 116,824 tCOâ‚‚e using the location-based method.a

Has Verbund reduced its Scope 2 emissions over time?

Since 2018, Verbund's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 71.58%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Verbund's Scope 2 emissions(Location-Based) fell by 51.16% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Verbund use for Scope 2 reporting?

In 2024, Verbund reported its Scope 2 emissions using the market-based method and using the location-based method.a

Verbund's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Verbund's Value Chain Emissions

In 2024, Verbund reported 4,320,203 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Verbund includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Verbund's Scope 3 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e-39%+2540%-24%+32%-17%0%
  • Total Scope 3
  • Year-over-Year Change

What are Verbund's Scope 3 emissions?

In 2024, Verbund reported total Scope 3 emissions of 4,320,203 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 94.14%of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.86%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Verbund reduced its Scope 3 emissions over time?

Since 2018, Verbund's Scope 3 emissionshave increased by 1,221.16%, reflecting a rising long-term trend in Scope 3 emissions over time.ad

Compared to the previous year (2023), Verbund's Scope 3 emissions remained relatively stable, indicating that Verbund's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Verbund disclose?

In 2024, Verbund reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Verbund's Scope 3 emissions?

In 2024, the largest contributors to Verbund's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 3,726,435 tCOâ‚‚e(86.26%)
  • Capital Goods (Cat. 2): 258,154 tCOâ‚‚e(5.98%)
  • Use of Sold Products (Cat. 11): 149,382 tCOâ‚‚e(3.46%)

Verbund's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(3.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(86.3%)Capital Goods(Cat. 2)(6.0%)

Insights into Verbund’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Verbund reported Scope 1 greenhouse gas (GHG) emissions of 499,696 tCOâ‚‚e and total revenues of USD 8,579 millions. This translates into an emissions intensity of 58.24 tCOâ‚‚e per millions USD.a

Verbund's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0002,00010,00020,000Revenues (Millions of USD)CSHDChugoku Electric PowerYear: 2025Scope 1: 15,830,000 tCO2eRevenue: $M 10,197Scope 1 Intensity: 1,552.36 tCO2e/$MCCCTGRYear: 2024Scope 1: 33,575 tCO2eRevenue: $M 4,072Scope 1 Intensity: 8.25 tCO2e/$MEDP RenovaveisYear: 2024Scope 1: 4,150 tCO2eRevenue: $M 2,796Scope 1 Intensity: 1.48 tCO2e/$MBKWYear: 2024Scope 1: 881,500 tCO2eRevenue: $M 5,023Scope 1 Intensity: 175.49 tCO2e/$MSSShanghai Electric PowerYear: 2024Scope 1: 46,266,600 tCO2eRevenue: $M 5,855Scope 1 Intensity: 7,901.42 tCO2e/$MHHHuaneng Lancang River HydropowerYear: 2024Scope 1: 132 tCO2eRevenue: $M 3,411Scope 1 Intensity: 0.04 tCO2e/$MNHPCYear: 2025Scope 1: 4,016 tCO2eRevenue: $M 1,214Scope 1 Intensity: 3.31 tCO2e/$MAudax RenovablesYear: 2024Scope 1: 308 tCO2eRevenue: $M 2,062Scope 1 Intensity: 0.15 tCO2e/$MOerstedYear: 2024Scope 1: 733,299 tCO2eRevenue: $M 8,199Scope 1 Intensity: 89.43 tCO2e/$MChina Longyuan Power GroupYear: 2024Scope 1: 7,186,902 tCO2eRevenue: $M 5,529Scope 1 Intensity: 1,299.76 tCO2e/$MDDDatang Renewable PowerYear: 2024Scope 1: 7,710 tCO2eRevenue: $M 1,881Scope 1 Intensity: 4.10 tCO2e/$MElectricite de StrasbourgYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 1,437Scope 1 Intensity: 0.72 tCO2e/$MBrookfield Renewable PartnersYear: 2024Scope 1: 140,074 tCO2eRevenue: $M 8,103Scope 1 Intensity: 17.29 tCO2e/$MEletrobrasYear: 2024Scope 1: 2,332,558 tCO2eRevenue: $M 6,504Scope 1 Intensity: 358.63 tCO2e/$MSDIC Power HoldingsYear: 2024Scope 1: 48,808,719 tCO2eRevenue: $M 7,923Scope 1 Intensity: 6,160.76 tCO2e/$MChina Yangtze PowerYear: 2024Scope 1: 2,000 tCO2eRevenue: $M 11,574Scope 1 Intensity: 0.17 tCO2e/$MLightYear: 2022Scope 1: 17,474 tCO2eRevenue: $M 2,460Scope 1 Intensity: 7.10 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MFortumYear: 2024Scope 1: 1,351,041 tCO2eRevenue: $M 6,036Scope 1 Intensity: 223.85 tCO2e/$MBrookfield RenewableYear: 2024Scope 1: 134,654 tCO2eRevenue: $M 4,142Scope 1 Intensity: 32.51 tCO2e/$MDrax GroupYear: 2024Scope 1: 266,000 tCO2eRevenue: $M 7,733Scope 1 Intensity: 34.40 tCO2e/$MVerbundYear: 2024Scope 1: 499,696 tCO2eRevenue: $M 8,579Scope 1 Intensity: 58.24 tCO2e/$M

How does Verbund's GHG emissions intensity compare to its peers?

In 2024, Verbund reported a Scope 1 emissions intensity of 58.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 32.51, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Verbund rank on GHG emissions intensity within its industry?

In 2024, Verbund ranked 13 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Verbund is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Verbund's Total Carbon Footprint

In 2024, Verbund reported a total carbon footprint of 4,936,723 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.87% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Verbund's total carbon footprint was Scope 3 emissions, accounting for 87.51% of the company's total carbon footprint, followed by Scope 1 emissions at 10.12%.a

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