The Environment

SDG 3 – good health and well-beingSDG 6 – clean water and sanitationSDG 7 – affordable and clean energySDG 8 – decent work and economic growthSDG 11 – sustainable cities and communitiesSDG 12 – responsible consumption and productionSDG 13 – climate actionSDG 17 – partnerships for the goals

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Environmentally conscious action is firmly integrated into the voestalpine Group’s corporate philosophy. In particular, this is evidenced by its continuous endeavors to make economical use of resources such as raw materials and energy along the entire production chain and to minimize the environmental impact of processes and products.

To achieve these goals, voestalpine utilizes the best available technologies in its production plants and continually works to boost efficiency, lower emissions, and reduce the consumption of energy in connection with the existent system of steel production. Our intensive work to research new, more environmentally friendly production processes and, not least, to refine materials and products alike makes material contributions to the company’s environmental footprint as well.

All of these activities are supported through transparent and efficient environmental management systems (EMSs) that have been widely implemented in the voestalpine Group.

voestalpine is committed to the following principles at all of its production facilities:

  • To take comprehensive responsibility for our products;
  • To optimize the production processes;
  • To establish environmental management systems;
  • To integrate employees into these processes and ensure environmentally conscious conduct on the part of every single one of them; and
  • To engage in open and professional dialogues.

Environmental protection is a core component of voestalpine’s Corporate Responsibility (CR) Strategy. The following principles are enshrined in it.

Emissions in the Air, Soil, and Water: Minimize Using the Best Available Technologies

Process-related emissions cannot be entirely avoided due to the chemical and physical properties of existent production processes. We operate our production facilities based on the principle that the best available technologies must be applied as appropriate and in economically viable fashion. We also develop new approaches that aim to minimize environmentally relevant effects on the air, soil, and water as best as possible.

Circular Economy & Life Cycle Assessment (LCA)

We support holistic, comprehensive, and integrated analyses and assessments of materials (life cycle assessments, LCAs) as well as of all process and value chains within the parameters of the circular economy, also known as “circularity.”

Energy and climate policy

Commitment to low-carbon production: We are meeting the challenge of decarbonizing the economic system in the long term not only through comprehensive research and development of new technologies, frequently via cross-sector cooperation agreements and projects. We also engage in an open and constructive dialogue with stakeholders such as political decision makers, the scientific community, and environmental organizations.


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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