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 GHG Emissions Data Preview

In 2023, voestalpine 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).

voestalpine 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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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of voestalpine amounted to 13,170,000 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of voestalpine decreased by 0.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

voestalpine's Scope 1 Emissions Over Time

20182019202020212022202304 M8 M12 M16 MtCO2e+7%-9%+16%-12%-1%
  • Total Scope 1
  • Year-over-Year Change

What are voestalpine's Scope 1 emissions?

In 2023, the total Scope 1 emissions of voestalpine were 12,540,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has voestalpine reduced its Scope 1 emissions over time?

Since 2018, voestalpine's Scope 1 emissions have decreased by 1.26%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), voestalpine's Scope 1 emissions decreased by 1.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are voestalpine's Scope 2 emissions?

In 2023, voestalpine reported Scope 2 greenhouse gas (GHG) emissions of 680,000 tCOâ‚‚e using the market-based method, and 630,000 tCOâ‚‚e using the location-based method.

What methodology does voestalpine use for Scope 2 reporting?

In 2023, voestalpine reported its Scope 2 emissions using the market-based method and using the location-based method.

voestalpine's Scope 2 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into voestalpine's Value Chain Emissions

In 2023, voestalpine reported 11,520,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of voestalpine includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

voestalpine's Scope 3 Emissions Over Time

20182019202020212022202303.5 M7 M10.5 M14 MtCO2e-11%+1%+27%-6%+2%
  • Total Scope 3
  • Year-over-Year Change

What are voestalpine's Scope 3 emissions?

In 2023, voestalpine reported total Scope 3 emissions of 11,520,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has voestalpine reduced its Scope 3 emissions over time?

Since 2018, voestalpine's Scope 3 emissions have remained relatively stable, indicating that voestalpine 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), voestalpine's Scope 3 emissions remained relatively stable, indicating that voestalpine 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does voestalpine disclose?

In 2023, voestalpine reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

In 2023, the largest contributors to voestalpine's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 9,110,000 tCOâ‚‚e (79.08%)
  • Upstream Transportation and Distribution (Cat. 4): 1,520,000 tCOâ‚‚e (13.19%)
  • Capital Goods (Cat. 2): 420,000 tCOâ‚‚e (3.65%)

voestalpine's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(3.6%)Purchased Goods andServices (Cat. 1)(79.1%)UpstreamTransportation andDistribution(Cat. 4)(13.2%)

Insights into voestalpine's Total Carbon Footprint

In 2023, voestalpine reported a total carbon footprint of 24,690,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.78% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to voestalpine's total carbon footprint was Scope 1 emissions, accounting for 50.79% of the company's total carbon footprint, followed by Scope 3 emissions at 46.66%.