Voestalpine

Voestalpine reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 15,050 Kt (+1,970/+15% y-o-y).

Voestalpine's Scope 3 emissions skyrocketed to 12,010 Kt (+2,540/+27% y-o-y). The growth accelerated relative to the long-term trend (+8.7% CAGR) observed since 4Q'19.

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

Voestalpine also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. voestalpine AG commits to reduce absolute scope 1 and 2 GHG emissions 30% by 2029 from a 2019 base year. voestalpine AG also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe.