Product Sustainability

Responsabilidad (Photo)

Comprehensive analyses of products regarding their environmental, economic, and social effects over their entire useful lives are becoming ever more important—not just from customers’ viewpoint, but also at the political and legislative level.

In particular, this is indicated by the EU Commission’s “Green Deal,” which assigns great importance to the EU’s long-term industrial greening (i.e., ecologization) strategy. It is in this sense that the EU’s Circular Economy Package aims to boost both resource and energy efficiency.

Steel is a multifaceted and environmentally friendly material with a long useful life that can be repaired, reused and, in the final analysis, endlessly recycled. Hence steel products are key to turning societies into circular economies, specifically, by developing and creating closedloop substance, materials, and value added chains to boost resource and energy efficiency.

voestalpine makes robust and comparable information available to facilitate comprehensive assessments of the sustainability of its products. Life cycle assessments (LCAs) provide a key methodology for doing so. A life cycle assessment entails determining a given product’s environmental effect, taking all phases of its value chain into account: from the extraction of the raw material and the provision of energy, to its production and downstream processing, all the way to its consumption and utilization up to the end of its useful life.

The question of product sustainability concerns analyses of the three pillars of sustainability—environmental as well as social and economic factors—along the entire supply and value chain, even though the main focus currently is on the determination and assessment of ecological issues.

Environmental Product Declarations (EPDs) play an important role in communicating products’ environmental effects based on their life cycle assessments. voestalpine has published EDPs for a number of products such as colofer®, hot-dip galvanized strip steel, electrical steel strip, heavy plate, roll-bonded clad heavy plate, and rails. The EDPs are based on two standards (EN 15804 and ISO 14025), were verified by independent auditors, and have been published in the declarations program of the German “Institut Bauen und Umwelt” (IBU), an association of building product manufacturers.

As regards the decarbonization of steelmaking and the sustainability of its products, voestalpine is in regular contact with various stakeholders. These dialogues serve to obtain key information on customers’ and other stakeholders’ requirements and views. In turn, this process gives voestalpine the opportunity to communicate its progress, projects, and limits.

In addition, the voestalpine Group participates in cross-sectoral policy initiatives such as “ResponsibleSteel” and publishes its performance via external assessments such as the Carbon Disclosure Project (CDP) in ways that make it transparent to the public as well. voestalpine achieved “leadership” status in the CDP’s 2019 Climate Change assessment and was included in the CDP’s “global leaderboard” supplier engagement rating.

voestalpine uses a comprehensive methodology to determine the Group’s water footprint and publishes the data with CDP among others.

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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