Metrics and targets

E1-4 – Targets related to climate change mitigation and adaptation

Effective climate change mitigation policies require specific targets and target values, as these serve as clear reference points and form the basis for measurable progress. They enable transparent tracking and are intended to strengthen the confidence of both stakeholders and potential stakeholders, as well as the support of policymakers, in the implementation of climate change mitigation measures. Energie AG is continuously working to establish careful and scientifically robust data collection processes in order to meet the disclosure requirements for specific emission-reduction targets in accordance with ESRS E1-4 as effectively as possible.

The targets set to date will be further specified in the coming year and are expected to become more ambitious in the longer term (beyond 2030). This is based on in-depth analysis of key decarbonisation measures (for an example see E1-1 – Transition plan for climate change mitigation), which will form the basis for targeted implementation plans in the 2025/26 fiscal year.

Reducing Scope -1 fossil fuel emissions

The Scope 1 decarbonisation target has been set at -26,000 t CO_2e (tonnes of carbon dioxide equivalent) by 2030. This reduction is to be achieved primarily through investment in biomass heating plants, the use and crediting of biogas, and the conversion of the vehicle fleet to HVO100 and electric vehicles.

Reducing market-based Scope 2 fossil fuel emissions

The Scope 2 decarbonisation target was set at -38,000 t CO_2e by 2030. This will be achieved mainly by covering grid losses with renewable electricity.

Reducing Scope -3 fossil fuel emissions

The Scope 3 decarbonisation target was set at -540,000 t CO₂e by 2030. This is to be supported by adjusting the fossil energy volumes sold through the sales channels.

Increasing electricity generation from renewables

Increasing the share of sustainable heat generation

Increasing WAV heat extraction

Electrification of the fleet passenger cars in Austria

E1-5 – Energy consumption and mix

Energy intensity associated with activities in high climate impact sectors

Sector-specific disclosures for energy utilities

GRI EU1

Additional key performance indicators for electricity generation (GRI EU2) can be found in the Group Management Report, Key performance indicators.

GRI EU12

E1-6 – Gross Scope 1, 2 and 3 and Total GHG emissions

The figures for the 2024/25 fiscal year are based on direct measurements, the environmental statement issued by Umwelt Service GmbH and billing statements. For the direct, indirect and biogenic emission factors for Scope 1, 2 and 3, the Federal Office for the Environment (data status 2024) and the DEFRA 2025 database served as the primary sources. Scope 1 emission values for the recycling lines (Umwelt Service GmbH) and the production facilities (Erzeugung GmbH) are derived from continuous measurements. The market-based approach to Scope 2 emissions is based on the generation mix of Vertrieb GmbH and the CO₂ values provided by suppliers. Where no market-based values were available, the location-based value was applied. In the location-based approach for Austria, emission factors published by the Federal Office for the Environment were applied to electricity and district heating. For the Czech Republic and Italy, country-specific conversion factors were calculated on the basis of national electricity and heat mixes.

For Scope 2 emissions, a distinction was made in the 2021/22 (base year) and 2024/25 fiscal years between the share of electricity consumption procured by Vertrieb GmbH and the share sourced from suppliers outside the Energie AG Group. This differentiation was only partially applied in the 2023/24 fiscal year. As a result, potential double counting could be avoided in the 2024/25 fiscal year. In fiscal year 2024/25, among other factors, the emissions recorded under Scope 2 decreased by approximately 36% (location-based) and around 29% (market-based) compared with the previous year.

Where no directly attributable data were available, estimates were made for each company and asset. Calculations of the biogenic and fossil fuel shares in waste incineration plants were based on the Bioma model developed by the Vienna University of Technology. In the Czech Republic and Italy, there is no legal requirement to blend diesel with biofuel, which is why diesel was recorded as 100% fossil fuel in both countries.

For the analysis of Scope 3 emissions, the Scope 3 categories ‘3.3 Energy- and fuel-related activities’, ‘3.11 Use of sold products’ and ‘3.15 Investments’ were classified as material. Focusing on categories 3.3, 3.11 and 3.15 ensures transparency regarding the key emission drivers while enabling efficient resource use in data collection.

Following new insights gained since the 2023/24 reporting cycle, adjustments to the ESG scope of reporting were made in the 2024/25 fiscal year. A detailed listing is provided under E1-5 Energy consumption and energy mix and likewise applies to the greenhouse gas inventory. This resulted in an increase in the values for Scope 1, Scope 1 biogenic, and Scope 2 (location-based from 85,573.43 t CO₂e to 91,574.20 t CO₂e). The emission factors for biogenic emissions were also updated in line with the new data (2024) published by the Austrian Environment Agency, and the emissions were corrected accordingly (total increase from 340,366.39 t CO₂e to 513,814.73 t CO₂e). Compared with the previous year, emissions from refrigeration equipment were added to the figures for all fiscal years (total increase from 490,435.22 t CO₂e to 649,019.31 t CO₂e).

The emission factors for biogenic emissions were updated in line with the new data (2024) published by the Austrian Environment Agency, and the emissions were corrected accordingly.

Compared with the previous year, emissions from refrigeration equipment were added to the figures for all fiscal years.

E1-9 - Expected financial effects of material physical and transitional risks and potential climate-related opportunities

Qualitative information on the expected effects of material physical and transition risks, as well as on the potential of material climate-related opportunities, is provided in SBM-3 – Material impacts, risks and opportunities and their interaction with the strategy and business model.