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voestalpine AG
How sustainability indices and ratings make our commitment quantifiable

How sustainability indices and ratings make our commitment quantifiable

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In this article
 

In a world where economic success goes hand in hand with responsible action, investors are placing greater emphasis on principles of sustainability, environmental protection, and social responsibility in their investment strategies.

This presents an opportunity for companies: by disclosing their corporate social responsibility efforts, they become more visible to individual shareholders and investors interested in sustainable investments and can further strengthen their image.

Sustainability indices and ratings play a significant role in this context. They provide an objective basis for measuring companies’ environmental and social commitment and foster trust among investors and customers.

Interior view of the New York Stock Exchange
voestalpine is represented in one of the most important sustainability indices on the international stock exchanges.

ESG criteria are the key to being included in sustainability indices

In sustainable stock market indices, stock prices are influenced not only by hard financial metrics but also by environmental, social, and governance criteria (ESG criteria). The most renowned sustainability index is the Dow Jones Best-in-Class Europe Index (formerly DJSI Europe). It measures the stock performance of companies that are leaders in their industry in terms of ESG criteria. Selection is carried out by the rating agency S&P.

voestalpine as a Pioneer in the Steel Industry

The top 20 percent of the most sustainable large European companies are listed in the Dow Jones Best-in-Class Europe Index (formerly DJSI Europe). In 2021, we were the first and only company in the steel industry to make it into this exclusive group. Our 2023 ranking in the 91st percentile of our industry demonstrates that we continue to perform as well as or better than 91 percent of all evaluated steel companies in terms of sustainability. We were once again listed in the Dow Jones “Best-in-Class Europe Index” in 2026.

Rainforest aerial view with water in the shape of recycling symbol
voestalpine has been recognised as an environmental and efficiency benchmark in the industry for decades.

These outstanding results underscore our collective efforts to prioritize strategic sustainability across all divisions, subsidiaries, and locations. We are convinced that our commitment to environmental, social, and corporate governance issues will significantly support voestalpine’s ongoing and future success, in the interest of all stakeholders. Sustainability is an essential pillar of our corporate strategy, and we are pleased that this is also being recognized externally..

Monika A.
Head of Group Sustainability

Sustainability ratings as a guide

To gain an objective picture of a company’s environmental, social, and governance performance, investors, analysts, and customers also rely on specialized sustainability ratings. Such ratings may apply to the entire corporate group or to individual locations.

 

Sustainability ratings are important to us because they provide an external perspective on our business practices and serve as a benchmark for our sustainability efforts. Behind these rankings are our ongoing efforts to minimize our carbonfootprint , carefully select our suppliers, and fulfill our social responsibilities.

 

Here is an overview of assessments and initiatives that transparently reflect our commitment to sustainability:

EcoVadis

EcoVadis is one of the leading providers of sustainability ratings and evaluates more than 100,000 companies across four categories: environment, ethics, labor practices and human rights, and sustainable procurement. Over the years, we have received multiple awards from EcoVadis both as a group and at our individual sites.

voestalpine Wire Austria, voestalpine Railway Systems (Zeltweg), and voestalpine Turnout Technology Germany were awarded Platinum in 2026, placing them among the top 1% of companies evaluated worldwide. As a group, we also performed impressively. In the 2026 rating, we achieved Silver, placing us among the top 15% of evaluated companies.

Carbon Disclosure Project

As part of the Carbon Disclosure Project (CDP), our commitment to climate protection was once again recognized with an A rating. This means we have reached the Leadership Level, which includes companies that stand out for their coordinated climate protection measures and are working toward an environmentally friendly future. In the “Water” category, we maintained our B rating.

Science Based Targets initiative

The Science Based Targets initiative (SBTi) is a joint partnership between the Climate Disclosure Project (CDP), the UN Global Compact, the World Resources Institute, and the World Wildlife Fund for Nature (WWF) aimed at achieving the Paris Agreement’s climate goals.

Unlike traditional sustainability ratings, the SBTi does not evaluate companies in the sense of a ranking. Rather, the initiative supports companies in achieving their greenhouse gas reduction targets by providing scientific standards and clearly defined measures. Our greenhouse gas reduction targets were reviewed and validated by the SBTi in 2023. This ensures that they are based on recognized scientific methods and are consistent with the requirements of the Paris Agreement.

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voestalpine AG

Die voestalpine ist ein weltweit führender Stahl- und Technologiekonzern mit kombinierter Werkstoff- und Verarbeitungskompetenz. Die global tätige Unternehmensgruppe verfügt über rund 500 Konzerngesellschaften und -standorte in mehr als 50 Ländern auf allen fünf Kontinenten. Sie notiert seit 1995 an der Wiener Börse. Mit ihren Premium-Produkt- und Systemlösungen zählt sie zu den führenden Partnern der Automobil- und Hausgeräteindustrie sowie der Luftfahrt- und Öl- & Gasindustrie und ist darüber hinaus Weltmarktführer bei Bahninfrastruktursystemen, bei Werkzeugstahl und Spezialprofilen. Die voestalpine bekennt sich zu den globalen Klimazielen und verfolgt mit greentec steel einen klaren Plan zur Dekarbonisierung der Stahlproduktion.