Geography
Austria
Sector
Market cap (Group)
medium
ISIN
AT0000937503
SEDOL
4943402
CA100+ engagement
No

Management Quality: Voestalpine

Assessment Date:

Assessment of Voestalpine according to the management of its greenhouse gas emissions and of risks and opportunities related to the low-carbon transition.

Assessment Date:

Current level

4

Strategic Assessment

0
1
2
3
4
Nr of assessments: 3
Number of assessments: 3

Level 0: Unaware of Climate Change as a Business Issue

1. Does the company acknowledge climate change as a significant issue for the business?

Level 1: Acknowledging Climate Change as a Business Issue

2. Does the company recognise climate change as a relevant risk and/or opportunity for the business?

3. Does the company have a policy (or equivalent) commitment to action on climate change?

Level 2: Building Capacity

4. Has the company set greenhouse gas emission reduction targets?

5. Has the company published information on its Scope 1 and 2 greenhouse gas emissions?

Level 3: Integrating into Operational Decision Making

6. Has the company nominated a board member or board committee with explicit responsibility for oversight of the climate change policy?

7. Has the company set quantitative targets for reducing its greenhouse gas emissions?

8. Does the company report on Scope 3 emissions?

9. Has the company had its operational (Scope 1 and/or 2) greenhouse gas emissions data verified?

10. Does the company support domestic and international efforts to mitigate climate change?

11. Does the company disclose its membership and involvement in trade associations engaged in climate issues?

12. Does the company have a process to manage climate-related risks?

13. Does the company disclose Scope 3 use of product emissions?

Level 4: Strategic Assessment

14. Has the company set long-term quantitative targets for reducing its greenhouse gas emissions?

15. Does the company's remuneration for senior executives incorporate climate change performance?

16. Does the company incorporate climate change risks and opportunities in their strategy?

17. Does the company undertake climate scenario planning?

18. Does the company disclose an internal price of carbon?

19. Does the company ensure consistency between its climate change policy and the positions taken by trade associations of which it is a member?

Carbon Performance Voestalpine

Carbon Performance alignment of companies in the Voestalpine sector with the Paris agreement benchmarks.

Assessment Date:
TPI notes:

The company discloses an emissions intensity and target using an activity measure and/or emissions figure that is inconsistent with TPIís methodology for this sector. The carbon intensity has been recalculated according to TPI methodology. TPI has not made any further assumptions in order to project this companyís Carbon Performance.