Climate Change Data

AMAG Austria Metall AG

Climate Impact & Sustainability Data (2024-01 to 2024-06)

Reporting Period: 2024-01 to 2024-06

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Specific CO2 emissions (Scope 1 & 2) at Ranshofen site decreased by 0.6% compared to H1/2023 (0.163 tonnes CO2/tonne vs 0.164 tonnes CO2/tonne)
  • Average scrap utilization rate at Ranshofen site of 76.9% (H1/2023: 74.6%)
  • Long-term energy supply agreements for hydroelectric and wind power, aiming for 35% renewable energy

Social Achievements

  • TRIFR accident rate decreased from 1.7 to 1.8 (5.9% increase)
  • Proportion of women increased from 15% to 16%
  • Number of hours for training and development per employee increased by 6.5% (11.5 hours vs 10.8 hours)
  • Regular support for various social projects

Governance Achievements

  • No compliance violations in H1 2024 or H1 2023
  • Maintained top position in international ratings (e.g., 1st place in Sustainalytics rating for Aluminium)
  • Qualified for the Vienna Stock Exchange's VÖNIX sustainability index for the 10th consecutive time

Climate Goals & Targets

Long-term Goals:
  • Complete CO2 neutrality at the Ranshofen site
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Subdued demand for aluminium rolled products from certain industries
  • Sharp rise in alumina costs
  • Loss of momentum in the automotive industry
  • Challenges in scrap availability in Europe
  • Geopolitical tensions, interest rate situation, and higher inflation rates weighing on demand
Mitigation Strategies
  • Broad positioning of the AMAG Group
  • Strategic investment in the largest smelter in North and South America
  • Broad product portfolio in the Rolling Division
  • Hedging strategies to stabilize earnings from the share in the Alouette smelter
  • Broad portfolio of suppliers and applications

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Responsible, sustainable procurement management

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Conversion of energy supply to renewable sources

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, EU Taxonomy Regulation, NaDiVeG (Sustainability and Diversity Improvement Act)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Making a positive contribution to achieving the Sustainable Development Goals (SDGs)

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Sustainalytics rating (1st place in Aluminium)
  • VÖNIX sustainability index (10th consecutive time)