Voestalpine (VLPNY)

Overall impact
D (22)

Commentary

Voestalpine is a below-average overall performer. With a 'D' rating of 22.1 for overall impact (bottom 10% of all companies), Voestalpine ranks 52nd out of 62 industry peers, behind Chaparral Energy, Vale, Ossen Innovation and 48 others, and ahead of Reliance Steel and Aluminum, Steel Dynamics, Cleveland-Cliffs and 7 others. On top material causes for Voestalpine's industry (Metals & Mining), Voestalpine performs poorly in Reduced Waste (26.3 score), Accountable Institutions (25.6), Safety From Violent Conflict (38.6) and 10 other causes where it received a 'D' or 'F' score. Voestalpine did not receive an 'A' rating on any cause.
Impact
Cause VLPNY
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Company
Employees
49,082
Sector
Materials
Industry
Metals & Mining
Sub-industry
Steel
SASB industry
Iron & Steel Producers
Headquarters
Austria
Share classes
VLPNY
Description
Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, the European Union, and internationally. The company operates through Steel, High Performance Metals, Metal Engineering, and Metal Forming segments. The Steel segment produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; heavy plates for the energy sector; and turbine casings. The High Performance Metals segment offers special alloys for the oil and natural gas, aerospace, and energy engineering industries; tool manufacturing, component processing, heat treatment, and coating services; warehousing and preprocessing of special steels; and various services, including logistics, distribution, and processing for the oil and natural gas industries. The Metal Engineering segment provides turnout products, wire rods and drawn wires, seamless tubes, and welding consumables and machinery; rails and digital monitoring systems; and services related to rail infrastructure. The Metal Forming segment manufactures special tubes and sections, and precision strip steel products; pre-finished system components made from pressed, punched, and roll-profiled parts; and storage system solutions for manufacturers in the automotive production and supply industries, as well as various companies in the commercial vehicle, construction, storage, energy, and agricultural machinery industries. The company serves automotive, energy, railway systems, construction, mechanical engineering, white goods/consumer goods, aerospace, electrical, and other industries. Voestalpine AG is headquartered in Linz, Austria.
Material causes
Ethos considers the following causes material for Voestalpine, based on its industry sub-industry Steel. Learn more about material causes in our methodology overview.

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