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About this report

This report is the third Group-wide Corporate Responsibility Report (CR Report) of voestalpine AG. It contains information and data about the activities and performance concerning the sustainable development of the company. The United Nations Agenda 2030 with its 17 Sustainable Development Goals (SDGs) provides a recognized global framework for viable and sustainable development. For this reason, for the first time this issue of the report will refer to the SDGs, outlining the global sustainability goals which voestalpine strives to attain through its CR Strategy and sustainable business development.

Standards and specifications

The present CR Report was prepared in accordance with the Global Reporting Initiative (GRI) sustainability reporting guidelines (“core” option), globally the most widespread and recognized framework for drawing up sustainability reports.

voestalpine has participated in the United Nations (UN) Global Compact since 2013. The initiative calls on companies around the world to implement ten principles covering the areas of human rights, labor standards, the environment, and anti-corruption. This CR Report documents the results of voestalpine’s efforts to implement these principles in its corporate practice, and it is therefore a progress report on the implementation of the principles of the UN Global Compact (Communication On Progress; COP).

The Sustainability and Diversity Improvement Act (NaDiVeG)–the national implementation of EU Directive 2014/95/EU (NFI Directive) on the obligatory disclosure of non-financial indicators–came into force in Austria in December 2016. In publishing this report voestalpine is fulfilling the requirements of the NaDiVeG.

Report parameters

Unless otherwise stated, the information, facts, and figures published in this report refer to the entire voestalpine Group. The economic key figures and employee data encompass all of the Group’s consolidated companies. When compiling the environmental performance indicators, all of the 130 voestalpine production companies, i.e., companies that process, convert, or treat a product, in which voestalpine has a stake greater than 50%, were included.

Sustainability impacts along the value chain that occur outside of voestalpine premises and beyond the Group’s direct sphere of influence are only partially addressed in this report.

Report content

voestalpine addresses those issues relevant to the sustainable development of the company systematically and on an ongoing basis. Both external and internal stakeholders were included in the process of determining the content and material topics covered in this CR Report (see “Stakeholders and material topics”).

Reporting period

The voestalpine business year is from April 1 to March 31. The reporting period for the economic key figures and employee data comprises the business years 2016/17 and 2017/18; the environmental data refers to the 2016 and 2017 calendar years within the reporting period. In order to improve comparability and to make the development of the key figures clear over a longer period, the tables depict the key figures of the last five business and/or calendar years.

Representation of information

Over the past years voestalpine has developed to become a global leading technology and capital goods Group, with around 500 Group companies and locations worldwide. In addition to crude steel production at the primary production sites Linz and Donawitz, since fall 2016 voestalpine has operated a HBI plant in Corpus Christi (Texas), and also produces components at several sites from steel which is partially externally sourced. For that reason, in Chapter 11, “Environment”, it has been necessary to redefine the previously applied “Crude steel production” reference values in order to calculate the specific environmental key figures.

Reporting cycle

To date voestalpine has published a CR report every second year, and a CR Fact Sheet in the intervening years. In future the Group will publish its CR Report annually. The CR Fact Sheet, which summarizes the key facts and figures contained in the report, will also be published annually, concurrently with the CR Report.

Languages

The CR Report is published in German and English. The CR Fact Sheet is available in 14 languages.


About voestalpine

In its business segments, voestalpine is a globally leading technology and capital goods group with a unique combination of material and processing expertise. With its top-quality products and system solutions using steel and other metals, it is a leading partner to the automotive and consumer goods industries in Europe and to the aerospace, oil and gas industries worldwide. The voestalpine Group is also the world market leader in turnout technology, special rails, tool steel, and special sections.

Facts

50 Countries on all 5 continents
500 Group companies and locations
51,600 Employees worldwide

Earnings FY 2017/18

€ 13 Billion

Revenue

€ 2 Billion

EBITDA

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