Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Group Management Report | Consolidated Financial Statements 56 Scope 3 emissions depend largely on the project volume and the quantities of used materials. The greenhouse gas reduction target therefore relates to project activity in the rail infrastructure sector and the associated masses in 2022 and is set in relation to these. Due to the strong dependence on the upstream value chain and the building materials industry, in theory the sector-specific decarbonisation pathways in accordance with the Science Based Targets Initiative (SBTi) 30 can be applied to the masses of these industries used on behalf of the ÖBB-Infrastruktur Group. This results in a theoretically possible greenhouse gas reduction of 28% by 2030 for the main drivers of the ÖBB-Infrastruktur Group in order to comply with the 1.5-degree target. However, due to the strong dependence on key industries for decarbonisation and the responsibility to use the financial resources provided for the implementation of the mobility transition as efficiently as possible, an ambitious target has been derived from this theoretical potential in consultation with internal experts. With the target for reducing Scope 3 greenhouse gas emissions set out in the climate protection transition plan, the current forecast is for a reduction of approx. 10% in greenhouse gas emissions from the construction and maintenance of rail infrastructure by 2030 (compared with the base year 2022 and with the same amount of assets as in 2022). As a result, the transition plan and the targets for Scope 3 GHG emissions are not in line with the 1.5 degree target of the Paris Climate Agreement. Due to the lack of conformity in the area of Scope 3 emissions, there is therefore no transition plan with corresponding targets in line with the 1.5 degree target for the ÖBB-Infrastruktur Group by 2030 for the entire consideration of all greenhouse gas emissions (Scope 1, 2 and 3) of the ÖBB-Infrastruktur Group. SBM-3 Material impacts, risks and opportunities and their interaction with strategy and business model The rail transport infrastructure of the ÖBB-Infrastruktur Group has always been exposed to natural hazards such as heavy rain or storms and shows a certain vulnerability in this context. For this reason, risks arising from force majeure and natural events have been an integral part of the company’s risk management for many years and are anchored in the risk catalogue. However, climate change is altering the dynamics of these natural hazards. The increasing frequency and intensity of extreme weather events can have a growing impact on rail transport infrastructure and put its resilience to the test. It is crucial to distinguish between natural hazards and climate hazards – and, by extension, climate risks. Natural hazards are natural events that occur independently of climate change, while climate hazards are exacerbated or even caused by climate change, for example through more frequent heat waves or increased heavy rainfall. Physical climate risks arise when climate hazards affect exposed and vulnerable systems, such as rail transport infrastructure. 30 https://sciencebasedtargets.org/sector-resources-summary. 100% -6% -1% 90% -1,5% -1,5% GHG 2022 Concrete Rail steel Reinforcing steel Other GHG 2030 GHG equivalnent [%] 0% 10% 20% 30% 40% 50% 60% )70% 80% 90% 100% Decarbonisation path ÖBB-Infrastruktur Group Scope 3 (rail infrastructure non-current assets)