VERBUND

Electric Utilities
VER.VI
€ 90 1.8
Share price
$ 46 bn
Market Cap
$ 32 bn
Enterprise Value

Carbon footprint

22 Ton
GHG emissions per $ 1 mln investment
0.54x the weighted average for S&P 500
FY2021
How is this calculated?
-23%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

VERBUND's GHG emissions (market-based) (Kt of CO2e)
VERBUND's Carbon intensity (Tons per 1 USDm)

VERBUND's carbon footprint

VERBUND reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 709 Kt (-210 /-22.9% y-o-y). Also positively, carbon intensity was down at 125 t (-118 /-48.4% y-o-y).

VERBUND's Scope 3 emissions decreased to 3,948 Kt (-362 /-8.4% y-o-y). There has been no consistent trend in recent years.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

VERBUND also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Austrian electricity provider Verbund commits to reduce GHG emissions 90% by 2021 from a 2011 base-year (Scope 1, Scope 2, and scope 3 emissions from fuel-and-energy related activities and business air travel). This is a milestone in the long term goal to achieve carbon neutrality by 2050.

Company environmental metrics

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