Aiming for the goal of a 50% reduction in Scope 1 & 2 emissions by 2029 in relation to the baseline year of 2019, a detailed and specific roadmap will be implemented. Intensive work on further improving our energy efficiency and increasing use of green energy will have a positive impact on the achievement of the goal. In addition, all production sites will have their own roadmaps for scope 1 & 2 emissions. Their development and progress will be monitored by us.

> Our goal: A 50% reduction of our Scope 1 & 2 emissions by 2029 in relation to the baseline year of 2019.

100% of our high performance metals melting are electricity based technologies (EAF, VIM, etc.). Therefore, the use of green energy is an extremely important area for our sustainability efforts. Against this background, we have already taken first steps concerning independent and on-site production of renewable energy. Insights from some of our projects include for example the combination of hydropower and photovoltaic energy production at voestalpine Böhler Edelstahl, the independence of purchased renewable energy, cooperations in the area of biomethane production to substitute fossil fuels and more. Alternatives to natural gas are constantly being evaluated. Moreover, we set a specific focus on the expansion of own production of renewable energy.

Based on established structures concerning energy efficiency initiatives, we set a structured focus on a massive increase of energy efficiency in many different areas. Those include: Regenerative and recuperative burner systems for natural gas fired furnaces; moreover the reduction of heat losses, increased utilization of waste heat, improved hot delivery/pre-heating, electric energy savings through LED-lighting, increased hydraulic systems and inductive heating and the installation of photovoltaic systems.