In the past ten years, the voestalpine Group’s total environmental expenditures were EUR 2.5 billion.
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%).