Voestalpine
Steel
VOE.VI
€ 27 1.5
Share price
$ 5 bn
Market Cap
$ 9.4 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Voestalpine aims to achieve net zero for all Scopes by 2050
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Voestalpine reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 13,080 Kt (-1,470 /-10.1% y-o-y). At the same time, carbon intensity grew to 1,005 t (+24/+2.4% y-o-y).
Voestalpine's Scope 3 emissions was up at 9,470 Kt (
The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -752 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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