Voestalpine AG is a leading steel producer based in Austria, with a strong focus on innovation, sustainability, and decarbonisation. The company is committed to reducing its carbon footprint and transitioning to renewable energy sources, while maintaining its position as a global leader in the steel industry.

Decarbonisation is a key priority for Voestalpine, as the company seeks to reduce its greenhouse gas emissions and contribute to the fight against climate change. To achieve this goal, Voestalpine has implemented a range of measures, including the use of renewable energy sources, the development of new technologies, and the adoption of energy-efficient processes.

One of the ways in which Voestalpine is reducing its carbon footprint is through the use of corporate power purchase agreements (PPAs). These agreements enable the company to purchase renewable energy directly from producers, thereby reducing its reliance on fossil fuels and supporting the growth of the renewable energy sector. In 2020, Voestalpine signed a PPA with a wind farm in Austria, which will provide the company with renewable energy for the next 10 years.

Corporate energy is another area of focus for Voestalpine, as the company seeks to improve its energy efficiency and reduce its energy consumption. Through the implementation of energy management systems and the use of advanced technologies, Voestalpine has been able to achieve significant reductions in its energy consumption, while also improving its operational efficiency and reducing its costs.

Renewable energy is also a key priority for Voestalpine, as the company seeks to transition to a low-carbon economy and reduce its reliance on fossil fuels. To achieve this goal, Voestalpine has invested in a range of renewable energy projects, including wind, solar, and hydroelectric power. In addition, the company has developed innovative technologies that enable it to produce steel using renewable energy sources, such as hydrogen.

Overall, Voestalpine is a leading steel producer that is committed to sustainability, innovation, and decarbonisation. Through its focus on corporate energy, corporate PPAs, and renewable energy, the company is leading the way in the transition to a low-carbon economy, while also maintaining its position as a global leader in the steel industry.