The voestalpine Group’s environmental expenses reached a new record level in the 2023/24 business year, increasing by 7.2% to EUR 514.4 million. voestalpine’s environmental expenditures have already come to around EUR 3.3 billion in total over the past 10 years.
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 (see also the chapter “Climate Action”)
- 14% were invested in waste recycling, reuse, and disposal
- 16% were invested in protecting the waterways
- 1% were spent on noise abatement and other projects