The environmental expenditures of the voestalpine Group reached yet another all-time high in the business year 2022/23, rising 9.7% to EUR 479.9 million. voestalpine’s environmental expenditures over the past ten business years thus already come to EUR 3 billion.
Environmental expenditures
In millions of euros
The investments were directed primarily at the following main areas during the business year ended:
- 69% were invested in clean air activities including EU emissions trading allowances (also see the “Climate Action” chapter)
- 17% were invested in waste recycling, reuse, and disposal
- 13% were spent on measures to protect the aquatic environment
- 1% was spent on noise abatement and other projects