Operations

While greenhouse gas emissions arise in the “Asset Management” and “Underwriting” spheres of impact, they also arise in day-to-day operations. This includes, on the one hand, office buildings with their energy consumption for electricity, heating and cooling and, on the other hand, mobility, which comprises the vehicle fleet and business travel – especially by aeroplane. The Group's long-term ambition is to reduce greenhouse gas emissions from Operations to net zero by 2050. The first interim goal is a 30% reduction in emissions from office operations by 2030 (base year 2023), as outlined in the VIG Transition Plan for Climate Change Mitigation.

Environmental figues of VIG

VIG calculates its annual emissions from office operations

The following table shows information on energy consumption in offices and kilometres of air travel of the consolidated companies of VIG. Total energy consumption includes electricity consumption, heating and cooling energy and the fuel consumption of the vehicle fleet. In addition the table also shows the emissions from VIG‘s office operations in tonnes of CO2-equivalents. These emissions are shown both as a total figure and broken down by emissions in Scope 1 (heating energy and fuel consumption), Scope 2 market-based and location-based (electricity, district cooling and district heating consumption) and Scope 3 (business flights only).

Key figures

An animated version of the environmental figures as well as of other key figures of VIG can be found in the interactive key figure overview.

To the interactive key figure overview

Environmental figures

Total energy consumption in MWh	147,391	148,030	147,738
from fossil and nuclear sources in MWh	124,894	130,654	133,744
from renewable sources in MWh	22,497	17,377	13,995
Kilometres of air travel	15,875,304	11,493,793	9,410,256
Emissions in tonnes of CO₂ equivalents (market-based)	34,386	37,561	40,346
Emissions in tonnes of CO₂ equivalents (location-based)	38,949	41,078	39,892
Scope 1 (direct emissions) in tonnes CO₂ equivalents	18,614	18,538	19,490
Scope 2 market-based (indirect emissions) in tonnes CO₂ equivalents	13,889	17,678	19,755
Scope 2 location-based (indirect emissions) in tonnes CO₂ equivalents	18,452	21.195	19,301
Scope 3 (air travel) in tonnes CO₂ equivalents	1,883	1,345	1,101
	2025	2024	2023

Office building Ringturm is EU taxonomy-aligned

Ringturm building meets EU-taxonomy environmental criteria

In 2023, it was confirmed that the Vienna Ringturm is EU taxonomy-aligned and thus meets specific environmental criteria. This is particularly remarkable since the Ringturm building was dedicated in 1955. The building is home to the headquarters of VIG Holding, Wiener Städtische and the majority shareholder Wiener Städtische Versicherungsverein. The verification required comprehensive maintenance work and ongoing improvements to the building, including district cooling, LED lighting and thermal refurbishment. Since May 2023, two photovoltaic systems have been providing electricity, with an annual output of approximately 60,000 kilowatt-hours

Learn more about the Ringturm

A second life for used IT equipment

CONSERVING RESOURCES TOGETHER

The Austrian VIG companies have been a partner of AfB (Arbeit für Menschen mit Behinderung - Work for People with Disabilities) since 2011. Together, the companies conserve valuable resources and raw materials such as water, electricity and metals and reduce climate-damaging emissions. In addition, jobs are created for people with disabilities.