GRI Content Index

2-1

Organizational details

About This Report

Figures, Data, Facts

2-2

Entities included in the organization’s sustainability reporting

About This Report

AR: Investments

2-3

Reporting period, frequency, and contact point

About This Report

2-4

Restatements of information

The report contains some corrections of information from previous CR reports. These corrections are noted directly below the tables or diagrams in which a correction has been made.

2-5

External assurance

Independent Assurance Report

2-6

Activities, value chain, and other business relationships

Divisions

Sustainable Supply Chain Management (SSCM)

Local suppliers

Implementation of Taxonomy Eligibility in the voestalpine Group

AR: Scope of consolidation

2-7

Employees

4

Workforce Structure

Given the data situation, it is not possible at this time to provide a more detailed Group-wide presentation of limited and unlimited employment contracts, nor are there consolidated data on the number of employees who do not have guaranteed hours of work. Group-wide employee data broken down by gender still follows the binary system. Hence the data are only broken down by women and men.

2-8

Workers who are not employees

4

Workforce Structure

The number of temporary employees is measured by full-time equivalents (FTE) and is determined based on the number of hours they worked during the entire business year. At this time, data on contractual relationships with temporary employees and the type of work they provide for voestalpine are not collected Group-wide and thus are not reported.

2-9

Governance structure and composition

Corporate Responsibility Management

AR: Consolidated Corporate Governance Report

2-10

Nomination and selection of the highest governance body

AR: Consolidated Corporate Governance Report

2-11

Chair of the highest governance body

Corporate Governance

AR: Consolidated Corporate Governance Report

2-12

Role of the highest governance body in overseeing the management of impacts

Corporate Responsibility Management

Sustainability Strategy

Sustainability in the supply chain

Code of Conduct for Business Partners

Compliance

health & safety

2-13

Delegation of responsibility for managing impacts

Corporate Responsibility Management

Compliance organization

health & safety

2-14

Role of the highest governance body in sustainability reporting

Corporate Responsibility Management

Management Board

The Management Board conducts the final internal review of the CR Report during a Management Board meeting. The report is reviewed and approved by the Supervisory Board at a Supervisory Board meeting.

2-15

Conflicts of interest

Corporate Governance

AR: Consolidated Corporate Governance Report

2-16

Communication of critical concerns

Reporting of Compliance violations

Human Rights

Critical concerns may be reported using the whistleblower system. The Whistleblower Committee (Head of Compliance/Head of Risk Management) regularly reports to the Management Board.

2-17

Collective knowledge of the highest governance body

Given their functions, the members of the Management Board and those of the Supervisory Board are qualified to assess the company’s effects in terms of sustainability.

AR: Consolidated Corporate Governance Report

2-18

Evaluation of the performance of the highest governance body

Compensation Report 2023/24 for Management Board Members and Supervisory Board Members

The performance of the Management Board is assessed pursuant to a target agreement that comprises mainly business indicators and is agreed between the Management Board and the General Committee of the Supervisory Board. The General Committee’s appraisal of the Management Board’s performance does not take voestalpine’s impact on the economy, the environment, and people into account.

2-19

Remuneration policies

Compensation Report 2023/24 for Management Board Members and Supervisory Board Members

2-20

Process to determine remuneration

Compensation Report 2023/24 for Management Board Members and Supervisory Board Members

2-21

Annual total compensation ratio

4

Compensation Report 2023/24 for Management Board Members and Supervisory Board Members

AR: Consolidated Corporate Governance Report

The total annual compensation of the members of the Management Board and those of the Supervisory Board is disclosed in the Annual Report. As the median income of the company’s labor force is not yet collected Group-wide, no ratio can be presented.

2-22

Statement of use on sustainable development strategy

Preface

2-23

Policy commitments

Sustainability Strategy

Code of Conduct for Business Partners

Compliance

Corporate Governance

Code of Conduct

Code of Conduct for Business Partners

Code of Conduct for Lobbyists

Human Rights Policy

2-24

Embedding policy commitments

Compliance organization

Human Rights

Risk Management

2-25

Processes to remediate negative impacts

Code of Conduct

Reporting of Compliance violations

Human Rights

Whistleblower system

Reports of Misconduct

2-26

Mechanisms for seeking advice and raising concerns

Code of Conduct

Reporting of Compliance violations

Human Rights

Whistleblower system

Reports of Misconduct

2-27

Compliance with laws and regulations

AR: Provisions

2-28

Membership associations

Memberships

2-29

Approach to stakeholder engagement

Stakeholder

2-30

Collective bargaining agreements

Human Rights

3-1

Process to determine material topics

Materiality Analysis

3-2

List of material topics

Material topics

3-3

Management of material topics

Climate action and environmental protection

greentec steel

AR: Overview of the voestalpine Group

201-1

Direct economic value generated and distributed

AR: Group Management Report

AR: Consolidated cash flow statement

AR: Consolidated statement of comprehensive income

201-2

Financial implications and other risks and opportunities due to climate change

Climate Action

Environmental Investments

201-3

Defined benefit plan obligations and other retirement plans

AR: Consolidated statement of financial position

AR: Pensions and other employee obligations

3-3

Management of material topics

Transparency in the Supply Chain

204-1

Proportion of spending on local suppliers

3

Local suppliers

The percentages disclosed concern the number of suppliers and not the procurement volume per country. Data on the pro rata procurement expenditure are not disclosed due to non-disclosure agreements.

3-3

Management of material topics

Ethical Corporate Governance

205-2

Communication and training about anti-corruption policies and procedures

4

Compliance

Due to the data situation, it is not possible at this time to provide a consolidated description of the training by region and employee category.

3-3

Management of material topics

Ethical Corporate Governance

206-1

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

AR: Provisions

3-3

Management of material topics

Taxes

207-1

Approach to tax

Taxes

207-2

Tax governance, control, and risk management

Taxes

207-3

Stakeholder engagement and management of concerns related to tax

Taxes

207-4

Country-by-country reporting

Taxes

Taxes: Country-by-Country Reporting

3-3

Management of material topics

Environment

Waste and Recycling Management

301-1

Materials used by weight or volume

Waste and Recycling Management

3-3

Management of material topics

Environment

Energy

302-1

Energy consumption within the organization

Energy

No consumption of energy for heating and cooling, nor any consumption of steam energy. No sale of energy. Renewable energy is included in the “Other” category.

302-3

Energy intensity

Energy

3-3

Management of material topics

Environment

Water Management

303-1

Interactions with water as a shared resource

Water Management

303-3

Water withdrawal

4

Water Management

Total water withdrawal (item 303-3-a) is reported. The other items cannot be reported at this time due to the data situation.

303-5

Water consumption

4

Water Management

Total water consumption (item 303-5-a) is reported. The other items cannot be reported at this time due to the data situation.

3-3

Management of material topics

Climate Action

Environment

Air Emissions

305-1

Direct (Scope 1) GHG emissions

Air Emissions

There are no biogenic emissions.

305-2

Energy indirect (Scope 2) GHG emissions

Air Emissions

305-3

Other indirect (Scope 3) GHG emissions

Air Emissions

The item biogenic emissions cannot be reported at this time due to the data situation.

305-5

Reduction of GHG emissions

Environmental Investments

305-7

Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions

4

Air Emissions

The emissions data in the Report are based on measured data. Item 305-7-a-iii (persistent organic pollutants) cannot be reported at this time due to the data situation.

3-3

Management of material topics

Environment

Waste and Recycling Management

306-1

Waste generation and significant waste-related impacts

Waste and Recycling Management

306-2

Management of significant waste-related impacts

Waste and Recycling Management

306-3

Waste generated

4

Waste and Recycling Management

While the total weight of the waste generated is reported, it is not broken down by waste category but instead only by hazardous and non-hazardous waste. Given the data situation, it is not possible at this time to present the data by waste category.

3-3

Management of material topics

Transparency in the Supply Chain

308-1

New suppliers that were screened using environmental criteria

All new and existing raw materials suppliers related to steel production were screened using environmental criteria.

3-3

Management of material topics

Human Resources

Attractiveness as an Employer

Working at voestalpine

401-1

New employee hires and employee turnover

4

Workforce Structure

The employee turnover rate relative to the total number of employees is reported. Given the data situation, it is not yet possible to report the employee turnover rate by age group, gender, and region, nor is it possible to disclose the new hire rate.

3-3

Management of material topics

health & safety

Lost time injury frequency rate

The health & safety Organization

Occupational health & safety and health promotion

health & safety management systems

403-1

Occupational health and safety management system

Occupational health & safety and health promotion

health & safety management systems

403-2

Hazard identification, risk assessment, and incident investigation

The health & safety Organization

Lost time injury frequency rate

403-3

Occupational health services

Occupational health & safety and health promotion

health & safety management systems

403-4

Worker participation, consultation, and communication on occupational health and safety

The health & safety Organization

health & safety training

403-5

Worker training on occupational health and safety

health & safety training

403-6

Promotion of worker health

Occupational health & safety and health promotion

health & safety management systems

Occupational support — Focus on Health

403-7

Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

Workplace safety at contractors/third-party entities

403-8

Workers covered by an occupational health and safety management system

About This Report

Occupational health & safety and health promotion

health & safety management systems

Workplace safety at contractors/third-party entities

403-9

Work-related injuries

4

Lost time injury frequency rate

Health status

The number of fatalities as well as the number and rate of reportable workplace accidents are reported. Given the data situation, it is not yet possible to provide a more detailed presentation of the data on work-related injuries.

3-3

Management of material topics

Human Resources

Training and Continuing Professional Development

Apprentices/Trainees

404-1

Average hours of training per year per employee

4

Training and Continuing Professional Development

Apprentices/Trainees

The total number of training hours is reported. Given the data situation, the average number of hours per employee cannot be broken down by gender and employee

404-2

Programs for upgrading employee skills and transition assistance programs

Training and Continuing Professional Development

Apprentices/Trainees

The Stahlstiftung

Employee Shareholding Scheme

3-3

Management of material topics

Human Resources

Equality and Diversity

405-1

Diversity of governance bodies and employees

Women at voestalpine

AR: Supervisory Board of voestalpine AG

AR: Management Board of voestalpine AG

3-3

Management of material topics

Human Rights

Code of Conduct for Business Partners

407-1

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

4

Human Rights

Code of Conduct for Business Partners

The right to freedom of association and collective bargaining is not at risk at voestalpine’s companies and operating sites. The Code of Conduct for Business Partners obliges suppliers to respect their employees’ right to freedom of association and collective bargaining. Data on precisely which suppliers and the number of suppliers where these rights could be threatened regardless are not yet being collected Group-wide and thus cannot be presented.

3-3

Management of material topics

Transparency in the Supply Chain

408-1

Operations and suppliers at significant risk for incidents of child labor

Sustainable Supply Chain Management (SSCM)

3-3

Management of material topics

Transparency in the Supply Chain

409-1

Operations and suppliers at significant risk for incidents of forced or compulsory labor

Sustainable Supply Chain Management (SSCM)

3-3

Management of material topics

Transparency in the Supply Chain

414-1

New suppliers that were screened using social criteria

All new and existing raw materials suppliers related to steel production were screened using social criteria.

3-3

Management of material topics

Ethical Corporate Governance

Code of Conduct for Lobbyists

415-1

Political contributions

In the reporting period, voestalpine did not make any donations or other contributions to politicians and political parties.