voestalpine AG

Common Name
voestalpine
Country
Austria
Sector
Basic Materials
Industry
Steel
Employees
47,724
Ticker
VOE
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
Voestalpine AG is a leading global steel and technology group based in Linz, Austria, specializing in high-quality steel production and advanced metalworking solutions. The company is renowned for its...

voestalpine's Climate Target Data Preview

As of 2024, voestalpine has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction 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 voestalpine ’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
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2029
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 voestalpine's Greenhouse Gas Emissions Pathways

As of 2024, voestalpine 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 voestalpine have a target to reduce the emissions from its operations?

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

voestalpine's most ambitious operational target is to reduce these emissions by 30% by 2029, compared to a baseline of 14,550,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, voestalpine is lagging behind on its operational emissions reduction target, having achieved 32.53% of the planned reduction.

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

20192023202904 M8 M12 M16 MCurrent (-10%)Target 2029 (-30%)
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