Austrian steel maker voestalpine has been listed on the renowned Dow Jones Sustainability Index Europe for the first time and is the only European steel company to be awarded this honor. The Dow Jones sustainability indices are the most respected worldwide, only including companies judged to be leaders in their industries according to long-term economic, ecological, and social criteria. The voestalpine Group is now included in two sustainability indices following its listing in the FTSE4Good two years ago.voestalpine has actively lived up to its economic, social, and ecological responsibilities for many years. The company supports the UN Global Compact, the world’s largest and most important corporate responsibility initiative, and takes part in industry initiatives including ResponsibleSteel with its focus on sustainable steel production.To reflect the growing importance of sustainability as an issue, in 2021 the Group agreed on a new sustainability strategy which defines the company’s quantitative and qualitative goals for contributing to a better and more secure future. One of the key goals is climate protection. voestalpine is committed to the climate goals, and “greentec steel” is its clear plan for decarbonizing steel production: a hybrid technology would allow carbon emissions to be reduced by around 30%. Over the long term, the Group’s goal is to successively increase the use of green electricity and green hydrogen in steel production, to achieve carbon neutral production by 2050.The DJSI Europe is part of the Dow Jones family of sustainability indices. It includes the top 20% of the 600 largest European companies in the S&P Global Broad Market IndexSM, who are leaders in the sustainability sector. This year, 147 companies succeeded in being included in the DJSI Europe.
Austrian steel maker voestalpine has been listed on the renowned Dow Jones Sustainability Index Europe for the first time and is the only European steel company to be awarded this honor. The Dow Jones sustainability indices are the most respected worldwide, only including companies judged to be leaders in their industries according to long-term economic, ecological, and social criteria. The voestalpine Group is now included in two sustainability indices following its listing in the FTSE4Good two years ago.voestalpine has actively lived up to its economic, social, and ecological responsibilities for many years. The company supports the UN Global Compact, the world’s largest and most important corporate responsibility initiative, and takes part in industry initiatives including ResponsibleSteel with its focus on sustainable steel production.To reflect the growing importance of sustainability as an issue, in 2021 the Group agreed on a new sustainability strategy which defines the company’s quantitative and qualitative goals for contributing to a better and more secure future. One of the key goals is climate protection. voestalpine is committed to the climate goals, and “greentec steel” is its clear plan for decarbonizing steel production: a hybrid technology would allow carbon emissions to be reduced by around 30%. Over the long term, the Group’s goal is to successively increase the use of green electricity and green hydrogen in steel production, to achieve carbon neutral production by 2050.The DJSI Europe is part of the Dow Jones family of sustainability indices. It includes the top 20% of the 600 largest European companies in the S&P Global Broad Market IndexSM, who are leaders in the sustainability sector. This year, 147 companies succeeded in being included in the DJSI Europe.