Environmental Expenditures

The environmental expenditures of the voestalpine Group over the past ten years amount to approximately EUR 2.4 billion. In addition to continually high expenditures for environmental measures at the operating level, this reflects particularly the fact that the costs of the EU Emissions Trading System (EU ETS) have been growing since the company’s business year 2017/18.

Environmental expenditures

In millions of euros

Environmental expenditures (barchart)

Current operating expenses rose from EUR 299 million in the previous year to EUR 315 million in the business year 2019/20. CO2 allowances accounted for a total of EUR 90 million (29%) of this amount. The substantial year-over-year increase (EUR 60 million) stems from the rising price of emissions rights, whereas purchases of additional allowances accounted for about one third of the cost, as before.

31% of these funds went toward clean air activities at the operating level; 21% were spent on waste recycling, reuse, and disposal; and 17% were invested in measures to protect the aquatic environment.

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.


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

Earnings FY 2019/20

€ 12.7 Billion


€ 1.2 Billion


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