In the past ten years, the voestalpine Group’s total environmental expenditures were EUR 2.5 billion.
Environmental expenditures
In millions of euros
Following the record level of EUR 315 million in the business year 2019/20, at EUR 300 million in the reporting period they are still very high. Purchases of EU emissions trading allowances (EUA) account for EUR 77 million (26%) of total expenses.
Almost all environmental expenditures go toward measures related to
- air emissions and clean air activities including CO2 costs (58%);
- waste recycling, reuse, and disposal (23%); as well as
- measures to protect the aquatic environment (17%).