GRI Content Index

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 Fully reported

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AR

Annual Report 2019/20

UNGC

As a participant of the UN Global Compact, voestalpine must publish an annual progress report. The column labeled “UNGC” indicates which of the 10 principles are addressed in the respective description.

Reasons for omission:

1

Not applicable

2

Limited due to non-disclosure agreements

3

Explicit legal prohibitions

4

No information available

102 – General Disclosures

Organizational Profile

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

102-1

 

Name of the organization

 

 

 

 

About This Report

 

 

102-2

 

Activities, brands, products, and services

 

 

 

 

Figures, Data, Facts
The Four Divisions

 

 

102-3

 

Location of headquarters

 

 

 

 

The Four Divisions

 

 

102-4

 

Location of operations

 

 

 

 

AR: The Group
AR: Investments

 

 

102-5

 

Ownership and legal form

 

 

 

 

The Four Divisions

 

 

102-6

 

Markets served

 

 

 

 

Development of the Key Financial Indicators

 

 

102-7

 

Scale of the organization

 

 

 

 

Development of the Key Financial Indicators
AR: The Group
AR: Overview of the voestalpine Group

 

 

102-8

 

Information on employees and other workers

 

 

 

 

Employee Structure

 

6

102-9

 

Supply chain

 

 

 

 

Transparency in the Supply Chain

 

 

102-10

 

Significant changes to
the organization and
its supply chain

 

 

 

 

AR: Scope of consolidation
The ownership and structure of voestalpine are largely unchanged. Changes in the scope of consolidation are described in the AR.

 

 

102-11

 

Precautionary approach
or principle

 

 

 

 

Ethical Corporate Management
The Environment
AR: Report on the company’s risk exposure

 

 

102-12

 

External initiatives

 

 

 

 

voestalpine is a supporter of the UN Global Compact and of the CDP as well as a signatory of the worldsteel Sustainable Development Charter and the Diversity Charter.

 

 

102-13

 

Membership in associations
and interest groups

 

 

 

 

Memberships

 

 

Strategy

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

102-14

 

Statement from the
most senior decision maker

 

 

 

 

Preface

 

 

Ethics and Integrity

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

102-16

 

Values, principles, standards, and norms of behavior

 

 

 

 

The Corporate Responsibility Strategy
The Code of Conduct

 

10

Governance

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

102-18

 

Governance structure

 

 

 

 

Corporate Responsibility Management
Management Board
AR: Supervisory Board
AR: Management Board

 

 

Stakeholder Engagement

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

102-40

 

List of stakeholder groups

 

 

 

 

Stakeholder and CR Management

 

 

102-41

 

Collective bargaining
agreements

 

 

 

 

Human Rights

 

3

102-42

 

Identifying and selecting
stakeholders

 

 

 

 

Stakeholder and CR Management

 

 

102-43

 

Approach to stakeholder engagement

 

 

 

 

Stakeholder Communication

 

 

102-44

 

Key topics and concerns raised

 

 

 

 

Stakeholder Communication
Corporate Responsibility Management
Material Topics

 

 

Reporting Practice

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

102-45

 

Entities included in the
consolidated financial
statements

 

 

 

 

About This Report
AR: Investments

 

 

102-46

 

Definition of report content and topic boundaries

 

 

 

 

About This Report
Corporate Responsibility Management
Material Topics

 

 

102-47

 

List of material topics

 

 

 

 

Material Topics

 

 

102-48

 

Restatements of information

 

 

 

 

About This Report

 

 

102-49

 

Changes in reporting

 

 

 

 

There was no significant change in the list of material topics.

 

 

102-50

 

Reporting period

 

 

 

 

About This Report

 

 

102-51

 

Date of most recent report

 

 

 

 

About This Report

 

 

102-52

 

Reporting cycle

 

 

 

 

About This Report

 

 

102-53

 

Contact person for questions about the report

 

 

 

 

About This Report

 

 

102-54

 

Statement on the report in
accordance with the
GRI Standards

 

 

 

 

About This Report

 

 

102-55

 

GRI Content Index

 

 

 

 

GRI Content Index

 

 

102-56

 

External audit

 

 

 

 

Independent Assurance Report

 

 

200 series - Economic

201 – Economic Performance

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Decarbonization: voestalpine’s approach to transformation
AR: Outlook

 

7

201-1

 

Direct economic value generated and distributed

 

 

 

 

AR: Consolidated Management Report
AR: Consolidated statement of cash flows
AR: Consolidated statement of comprehensive income

 

 

201-2

 

Financial implications,
other risks to, and opportunities
for the organization from
climate change

 

 

 

 

Climate Protection
Environmental Expenditures

 

7

201-3

 

Defined benefit plan obligations and other retirement plans

 

 

 

 

AR: Pensions and other employee obligations

 

 

204 – Procurement Practices

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Transparency in the Supply Chain

 

 

204-1

 

Proportion of spending on local suppliers

 

 

2

 

Local suppliers
Data cannot be reported in full due to non-disclosure agreements.

 

 

205 – Anti-corruption

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Ethical Corporate Management

 

10

205-2

 

Communication and training on anti-corruption policies and procedures

 

 

4

 

Preventive measures
A complete, quantitative evaluation will be performed during the next business year.

 

10

206 – Anti-competitive Behavior

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Ethical Corporate Management

 

 

206-1

 

Litigation related to anti-
competitive behavior, anti-trust, and monopoly practices

 

 

 

 

AR: Provisions

 

 

300 series – Environmental

301 – Materials

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

The Environment
Waste and Recycling Management

 

8

301-2

 

Recycled input materials used

 

 

 

 

Waste and Recycling Management

 

8

302 – Energy

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

The Environment
Energy

 

7, 8

302-1

 

Energy consumption within the organization

 

 

 

 

Energy

 

7, 8

302-3

 

Energy intensity

 

 

 

 

Energy

 

8

303 – Water

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

The Environment
Water Management

 

7, 8

303-1

 

Water withdrawal by source

 

 

 

 

Water Management

 

7, 8

303-2

 

Water sources significantly
affected by withdrawal of water

 

 

 

 

Water Management

 

8

305 – Emissions

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Climate Protection
The Environment
Air Emissions

 

7, 8, 9

305-1

 

Direct GHG emissions (Scope 1)

 

 

 

 

Air Emissions
Information that exceeds the disclosures required by law can be accessed at this link:
https://www.cdp.net/en

 

7, 8

305-2

 

Indirect energy-related GHG emissions (Scope 2)

 

 

 

 

Air Emissions
Information that exceeds the disclosures required by law can be accessed at this link:
https://www.cdp.net/en

 

7, 8

305-3

 

Other indirect GHG emissions (Scope 3)

 

 

 

 

Air Emissions
Information that exceeds the disclosures required by law can be accessed at this link:
https://www.cdp.net/en

 

7, 8

305-5

 

Reduction of GHG emissions

 

 

 

 

The Corporate Responsibility Strategy
Product Sustainability
Climate Protection
Environmental Investments
Information that exceeds the disclosures required by law can be accessed at this link:
https://www.cdp.net/en

 

8, 9

305-7

 

Nitrogen oxides (NOX), sulfur
oxides (SOX), and other
significant air emissions

 

 

 

 

Air Emissions
SO2-Emissions
NOx-Emissions
Captured dust emissions
Organic air pollutants

 

7, 8

306 – Effluents and Waste

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

The Environment
Water Management
Waste and Recycling Management

 

8

306-1

 

Wastewater discharge by quality and destination

 

 

 

 

Water Management

 

8

306-2

 

Waste by type and disposal method

 

 

 

 

Waste and Recycling Management

 

8

308 – Supplier Environmental Assessment

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Transparency in the Supply Chain

 

8

308-1

 

New suppliers that were screened using environmental criteria

 

 

 

 

All new and existing raw materials suppliers for steel production were screened using environmental criteria.

 

8

400 series - Social

401 – Employment

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Human Resources
Attractiveness as an Employer
Careers

 

6

401-1

 

New hires and employee turnover

 

 

1

 

Employee Structure
Collection of detailed data is not relevant to the company for controlling purposes. Hence the data are not reported in full pursuant to GRI.

 

6

403 – Occupational Health and Safety

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

health & safety
ISO 45001

 

 

403-2

 

Types and rates of injury,
occupational diseases, lost days, absenteeism, and number of work-related fatalities

 

 

1

 

Lost time injury frequency rate
Health status
Collection of detailed data is not relevant to the company for controlling purposes. Hence the data are not reported in full pursuant to GRI.

 

 

404 – Training and Education

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Human Resources
Training and Continuing Education

 

6

404-1

 

Average hours of training and continuing education per year and employee

 

 

4

 

Training and Continuing Education
No detailed, Group-wide database is available.

 

6

404-2

 

Programs for upgrading
employee skills and transition assistance programs

 

 

 

 

Training and Continuing Education

 

6

405 – Diversity and Equal Opportunity

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Human Resources
Equality and Diversity

 

6

405-1

 

Diversity in governance bodies and among employees

 

 

 

 

Equality and Diversity
AR: Supervisory Board

 

6

407 – Freedom of Association and Collective Bargaining

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Human Rights
Code of Conduct for Business Partners
Code of Conduct for voestalpine Business Partners

CDP: https://www.cdp.net/en

 

3

407-1

 

Operations and suppliers in
which the right to freedom of
association and collective
bargaining may be at risk

 

 

4

 

Human Rights
No detailed, Group-wide database is available due to the scale of the global supplier network.

 

3

414 – Supplier Social Assessment

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Transparency in the Supply Chain

 

2

414-1

 

New suppliers that were screened using social criteria

 

 

 

 

All new and existing raw materials suppliers for steel production were screened based on social criteria.

 

2

415 – Public policy

GRI Code

 

Description

 

Reported

 

Reasons for Omission

 

Reference / Explanation

 

UNGC

 

 

 

 

 

 

 

 

 

 

 

103

 

Management approach
disclosures

 

 

 

 

Ethical Corporate Management

 

10

415-1

 

Political contributions

 

 

 

 

In the reporting period, voestalpine did not make any donations or other contributions to politicians and political parties.

 

10


About voestalpine

In its business segments, voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its top-quality products and system solutions, it is a leading partner to the automotive and consumer goods industries as well as the aerospace and oil & gas industries, and is also the world market leader in railway systems, tool steel, and special sections. voestalpine is fully committed to the global climate goals and is working intensively to develop technologies which will allow it to decarbonize and reduce its CO2 emissions over the long term. In the business year 2019/20, the Group generated revenue of EUR 12.7 billion, with an operating result (EBITDA) of EUR 1.2 billion; it had about 49,000 employees worldwide.

Facts

50 Countries on all 5 continents
500 Group companies and locations
49,000 Employees worldwide

Earnings FY 2019/20

€ 12.7 Billion

Revenue

€ 1.2 Billion

EBITDA

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