VOESTALPINE AG.
VAS.XETRA | Manufacture of basic iron and steel
Voestalpine AG is a globally operating steel and technology group based in Austria. The company focuses on the development, manufacturing, and processing of high-performance steel products. Its business activities span across various sectors, including automotive, railway systems, aerospace, energy,...Show More
Better Health for All
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Voestalpine AG is a steel and technology group, and its principal goods and services do not directly involve health products or services for the general public, resulting in a neutral health impact. No evidence was found regarding revenue from products with direct negative health outcomes for users, nor any user harm, health product pricing, or health-related data management. The company is not a pharmaceutical or food company, nor does it conduct clinical trials. Information related to employee health and safety, environmental pollution control, or general international aid projects is explicitly excluded from the scope of 'Better Health for All' and therefore not considered for scoring.
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Fair Money & Economic Opportunity
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No evidence available to assess VOESTALPINE AG on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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Voestalpine has 75% of its Group employees covered by collective agreements or comparable industry-wide agreements.
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For its subsidiary, voestalpine Metsec plc, women earned 88p for every £1 earned by men (median hourly pay) in 2020-2021.
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The company also recorded 3 substantiated workplace safety or health violations in the past three years (2022-2024), incurring penalties of $13,800, $13,800, and $19,911.
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Fair Trade & Ethical Sourcing
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The provided articles detail Voestalpine's policies and commitments regarding human rights, sustainable supply chain management, and conflict minerals. The company has a Human Rights Policy
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, a Code of Conduct for Business Partners
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, and a Sustainable Supply Chain Management (SSCM) project to assess risks
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. Its Linz plant received a ResponsibleSteel certificate in November 2021
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. A Supplier Assessment Questionnaire (SAQ) is being implemented for external suppliers in fiscal year 2024/25 by a subsidiary
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. However, the articles do not provide specific quantitative data for any of the ethical sourcing KPIs, such as the percentage of fair-trade certified spend, average audit frequency, number of substantiated forced or child labor incidents for the entire company, traceability coverage, median remediation speed, percentage of contracts with enforceable ethical clauses, share of spend on high-risk materials, or the percentage of procurement budget directed to indigenous, minority, or local community suppliers.
Honest & Fair Business
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Voestalpine operates a formal, web-based whistleblower system (BKMS®) since 2012
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, expanded in 2022/23 to cover a wide range of misconduct
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. The system guarantees absolute confidentiality
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, explicitly protects whistleblowers from reprisals for good-faith reporting
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, and its anonymity is certified by an independent body
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. In 2024/25, 171 reports were received
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. The company maintains a comprehensive Code of Conduct, available in over 20 languages
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, which explicitly prohibits bribery and corruption, including specific guidelines on gifts, hospitality, and political contributions (prohibiting donations to politicians/parties)
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. A compliance management system is in place, based on risk analysis
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. Mandatory e-learning training on compliance and anti-corruption was completed by 96.7% of white-collar employees as of March 31, 2024
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, supplemented by risk-based training for specific roles
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. A Code of Conduct for business partners requires compliance
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, and verification of compliance in the supply chain is also required
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.
Kind to Animals
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Voestalpine AG's sustainability data indicates that the company conducts no animal testing.
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As a steel and technology group, its core business operations do not involve animal testing, animal agriculture, or the use of animal-derived ingredients. Therefore, metrics related to the extent of non-animal testing methods, animal testing policy, and the volume of animals used in testing are not applicable to its operations.
No War, No Weapons
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Voestalpine ensures that all materials procured for the Group are "conflict free" based on reports using the Conflict Minerals Reporting Template (CMRT).
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The company commits to upholding human rights in accordance with the UN Guiding Principles on Business and Human Rights, supports the UN Global Compact, and integrates UNGP into training, issuing annual human-rights reports.
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In the 2023/2024 business year, Voestalpine AG donated €700,000 to charitable causes, including UNICEF, Doctors Without Borders, Hilfswerk International, and the Austrian Red Cross, which represents approximately 0.004% of its €16.7 billion revenue.
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Planet-Friendly Business
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Voestalpine's total Scope 1, 2, and 3 greenhouse gas emissions were 22,500,000 tCO2e in 2025.
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The company has SBTi-validated science-based targets aligned with a "well-below 2°C trajectory,"
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committing to a 30% reduction in Scope 1 and 2 emissions
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and a 25% reduction in Scope 3 emissions by 2029,
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compared to a 2019 baseline.
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In 2023, 3% of its total energy consumption was sourced from renewables.
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Direct net fresh water consumption was 15.6 million m³ in 2023,
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resulting in approximately 934 m³ per $1M revenue based on €16.7 billion revenue.
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The company addresses biodiversity impacts and accounts for aspects in environmental management systems,
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but does not currently pursue specific targets on biodiversity and ecosystems.
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Voestalpine states full compliance with statutory environmental thresholds,
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with five external dust complaints at Linz and two at Traisen in FY 2024/25,
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which were addressed.
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The company intends to align with TCFD recommendations.
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Respect for Cultures & Communities
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Formal grievance mechanisms are available at all operational sites for stakeholders to voice concerns.
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The company states that its business operations do not impinge on the rights of indigenous peoples or local communities, indicating that Free, Prior and Informed Consent (FPIC) processes are not applicable.
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Additionally, no cultural appropriation incidents have been reported.
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Safe & Smart Tech
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No evidence available to assess VOESTALPINE AG on Safe & Smart Tech.
Zero Waste & Sustainable Products
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Voestalpine's steel products are described as fully recyclable, and packaging for specific products like electrogalvanized steel strip is entirely recyclable.
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The company achieved an overall waste diversion rate of 61.1% in its 2024/25 financial year.
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In the same period, 11% of materials used for manufacturing were secondary reused or recycled components.
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Voestalpine actively implements circularity principles, including the 10R principles, focusing on material cycles, resource efficiency, lightweighting strategies, and optimizing product recyclability. The company has implemented multiple waste reduction initiatives, such as reducing sand in disposed waste by 1,900 tons/year at its Linz facility, and plans to reduce oil-containing waste by 3,000 tons/year by 2026.
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In its 2024/25 financial year, 51.8% of hazardous waste was diverted from disposal, and specific hazardous waste was reduced from 29 kg per ton of product in 2022 to 20 kg per ton in 2023.
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Steel products are inherently durable, with service lives ranging from a few years to several decades.
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Annual waste surveys are conducted.
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No waste disposal violations or citations are reported, though some external dust complaints were registered and addressed.
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Voestalpine has a company-wide target to increase the use of scrap in crude steel production by 50% by 2030.
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Its Code of Conduct for Business Partners, revised in 2023, is binding on all suppliers and includes specific requirements for sustainable procurement, with suppliers assessed on sustainability criteria.
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