Reported
Fully reported / No omissions
Partially reported / Omission of individual items of the disclosure
Not reported / Disclosure omitted
Reasons for Omission
1
Not applicable
2
Explicit legal prohibitions
3
Limited due to non-disclosure agreements
4
Information not available/incomplete
Statement of Use |
|
voestalpine AG has reported in accordance with the GRI Standards for the period from 04/01/2023 through 03/31/2024. |
GRI 1 used |
|
GRI 1: Foundation 2021 |
Applicable GRI Sector Standard |
|
None applicable |
Universal Standards
GRI 2: General Disclosures 2021
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
2-1 |
Organizational details |
|
||||||
|
2-2 |
Entities included in the organization’s sustainability reporting |
|
||||||
|
2-3 |
Reporting period, frequency, and contact point |
|
||||||
|
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 |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
2-6 |
Activities, value chain, and other business relationships |
|
Sustainable Supply Chain Management (SSCM) Implementation of Taxonomy Eligibility in the voestalpine Group |
|||||
|
2-7 |
Employees |
|
4 |
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 |
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
2-9 |
Governance structure and composition |
|
||||||
|
2-10 |
Nomination and selection of the highest governance body |
|
||||||
|
2-11 |
Chair of the highest governance body |
|
||||||
|
2-12 |
Role of the highest governance body in overseeing the management of impacts |
|
Corporate Responsibility Management Sustainability in the supply chain |
|||||
|
2-13 |
Delegation of responsibility for managing impacts |
|
||||||
|
2-14 |
Role of the highest governance body in sustainability reporting |
|
Corporate Responsibility Management 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 |
|
||||||
|
2-16 |
Communication of critical concerns |
|
Reporting of Compliance violations 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. |
|||||
|
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
2-22 |
Statement of use on sustainable development strategy |
|
||||||
|
2-23 |
Policy commitments |
|
Code of Conduct for Business Partners |
|||||
|
2-24 |
Embedding policy commitments |
|
||||||
|
2-25 |
Processes to remediate negative impacts |
|
||||||
|
2-26 |
Mechanisms for seeking advice and raising concerns |
|
||||||
|
2-27 |
Compliance with laws and regulations |
|
||||||
|
2-28 |
Membership associations |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
2-29 |
Approach to stakeholder engagement |
|
||||||
|
2-30 |
Collective bargaining agreements |
|
GRI 3: Material Topics 2021
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-1 |
Process to determine material topics |
|
||||||
|
3-2 |
List of material topics |
|
Topic-Specific Standards
Economic standards
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
201-1 |
Direct economic value generated and distributed |
|
||||||
|
201-2 |
Financial implications and other risks and opportunities due to climate change |
|
||||||
|
201-3 |
Defined benefit plan obligations and other retirement plans |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
204-1 |
Proportion of spending on local suppliers |
|
3 |
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
205-2 |
Communication and training about anti-corruption policies and procedures |
|
4 |
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
206-1 |
Legal actions for anti-competitive behavior, anti-trust, and monopoly practices |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
207-1 |
Approach to tax |
|
||||||
|
207-2 |
Tax governance, control, and risk management |
|
||||||
|
207-3 |
Stakeholder engagement and management of concerns related to tax |
|
||||||
|
207-4 |
Country-by-country reporting |
|
Environmental standards
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
301-1 |
Materials used by weight or volume |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
302-1 |
Energy consumption within the organization |
|
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 |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
303-1 |
Interactions with water as a shared resource |
|
||||||
|
303-3 |
Water withdrawal |
|
4 |
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 |
Total water consumption (item 303-5-a) is reported. The other items cannot be reported at this time due to the data situation. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
305-1 |
Direct (Scope 1) GHG emissions |
|
There are no biogenic emissions. |
|||||
|
305-2 |
Energy indirect (Scope 2) GHG emissions |
|
||||||
|
305-3 |
Other indirect (Scope 3) GHG emissions |
|
The item biogenic emissions cannot be reported at this time due to the data situation. |
|||||
|
305-5 |
Reduction of GHG emissions |
|
||||||
|
305-7 |
Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions |
|
4 |
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
306-1 |
Waste generation and significant waste-related impacts |
|
||||||
|
306-2 |
Management of significant waste-related impacts |
|
||||||
|
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
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. |
Social standards
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
401-1 |
New employee hires and employee turnover |
|
4 |
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
Lost time injury frequency rate The health & safety Organization |
|||||
|
403-1 |
Occupational health and safety management system |
|
||||||
|
403-2 |
Hazard identification, risk assessment, and incident investigation |
|
||||||
|
403-3 |
Occupational health services |
|
||||||
|
403-4 |
Worker participation, consultation, and communication on occupational health and safety |
|
||||||
|
403-5 |
Worker training on occupational health and safety |
|
||||||
|
403-6 |
Promotion of worker health |
|
Occupational health & safety and health promotion |
|||||
|
403-7 |
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships |
|
||||||
|
403-8 |
Workers covered by an occupational health and safety management system |
|
Occupational health & safety and health promotion |
|||||
|
403-9 |
Work-related injuries |
|
4 |
Lost time injury frequency rate 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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
404-1 |
Average hours of training per year per employee |
|
4 |
Training and Continuing Professional Development 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 |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
405-1 |
Diversity of governance bodies and employees |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
407-1 |
Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk |
|
4 |
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
408-1 |
Operations and suppliers at significant risk for incidents of child labor |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
409-1 |
Operations and suppliers at significant risk for incidents of forced or compulsory labor |
|
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
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. |
| Indicator | Description | Reported | Reasons for Omission | Links | ||||
|
3-3 |
Management of material topics |
|
||||||
|
415-1 |
Political contributions |
|
In the reporting period, voestalpine did not make any donations or other contributions to politicians and political parties. |