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GMK Noril'skiy Nikel' PAO

Common Name
GMK Noril'skiy Nikel
Country
Russia
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
N/A
Ticker
GMKN
Exchange
MOSCOW EXCHANGE
Description
MMC Norilsk Nickel PJSC, commonly referred to as Norilsk Nickel, is a premier Russian mining and metallurgical company renowned for being the world's largest producer of refined nickel and palladium. ...

GMK Noril'skiy Nikel's GHG Emissions Data Preview

In 2024, GMK Noril'skiy Nikel completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

GMK Noril'skiy Nikel has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind GMK Noril'skiy Nikel’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore GMK Noril'skiy Nikel’s data sources below and access millions more through our Disclosure Search.

a. GMK Noril'skiy Nikel's Climate Report 2024
a. GMK Noril'skiy Nikel's Climate Report 2024

Insights into GMK Noril'skiy Nikel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGMK Noril'skiy Nikel amounted to8,600,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of GMK Noril'skiy Nikeldecreased by 1.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

GMK Noril'skiy Nikel's Scope 1 Emissions Over Time

202120222023202402.5 M5 M7.5 M10 MtCO2e-5%-2%0%
  • Total Scope 1
  • Year-over-Year Change

What are GMK Noril'skiy Nikel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GMK Noril'skiy Nikel were 8,200,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has GMK Noril'skiy Nikel reduced its Scope 1 emissions over time?

Since 2021, GMK Noril'skiy Nikel's Scope 1 emissions have decreased by 6.82%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), GMK Noril'skiy Nikel's Scope 1 emissions remained relatively stable, indicating that GMK Noril'skiy Nikel's emissions have plateaued with no significant change in its operational footprint.a

What are GMK Noril'skiy Nikel's Scope 2 emissions?

In 2024, GMK Noril'skiy Nikel reported Scope 2 greenhouse gas (GHG) emissions of 400,000 tCOâ‚‚e using the location-based method.a

Has GMK Noril'skiy Nikel reduced its Scope 2 emissions over time?

Since 2021, GMK Noril'skiy Nikel's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 20%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), GMK Noril'skiy Nikel's Scope 2 emissions(Location-Based) fell by 20% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does GMK Noril'skiy Nikel use for Scope 2 reporting?

In 2024, GMK Noril'skiy Nikel reported its Scope 2 emissions using the location-based method.a

GMK Noril'skiy Nikel's Scope 2 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based

Insights into GMK Noril'skiy Nikel's Value Chain Emissions

In 2024, GMK Noril'skiy Nikel reported 6,700,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of GMK Noril'skiy Nikel includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

GMK Noril'skiy Nikel's Scope 3 Emissions Over Time

202120222023202402 M4 M6 M8 MtCO2e-2%+21%+5%
  • Total Scope 3
  • Year-over-Year Change

What are GMK Noril'skiy Nikel's Scope 3 emissions?

In 2024, GMK Noril'skiy Nikel reported total Scope 3 emissions of 6,700,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 19.7%of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.3%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has GMK Noril'skiy Nikel reduced its Scope 3 emissions over time?

Since 2021, GMK Noril'skiy Nikel's Scope 3 emissionshave increased by 24.07%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), GMK Noril'skiy Nikel's Scope 3 emissions remained relatively stable, indicating that GMK Noril'skiy Nikel's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does GMK Noril'skiy Nikel disclose?

In 2024, GMK Noril'skiy Nikel reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of GMK Noril'skiy Nikel's Scope 3 emissions?

In 2024, the largest contributors to GMK Noril'skiy Nikel's Scope 3 emissions were:a

  • Processing of Sold Products (Cat. 10): 5,300,000 tCOâ‚‚e(80.3%)
  • Purchased Goods and Services (Cat. 1): 700,000 tCOâ‚‚e(10.61%)
  • Fuel- and Energy-Related Services (Cat. 3): 300,000 tCOâ‚‚e(4.55%)

GMK Noril'skiy Nikel's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(4.5%)Purchased Goods andServices (Cat. 1)(10.6%)Processing of SoldProducts (Cat. 10)(80.3%)

Insights into GMK Noril'skiy Nikel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, GMK Noril'skiy Nikel reported Scope 1 greenhouse gas (GHG) emissions of 8,200,000 tCOâ‚‚e and total revenues of USD 12,535 millions. This translates into an emissions intensity of 654.17 tCOâ‚‚e per millions USD.a

GMK Noril'skiy Nikel's Scope 1 Emissions Intensity Compared to Peers

201,000100,0005,000,000500,000,000Scope 1 Emissions (tCO2e)102005,000100,0002,000,000Revenues (Millions of USD)KJCCCCTeck ResourcesYear: 2023Scope 1: 863,000 tCO2eRevenue: $M 11,339Scope 1 Intensity: 76.11 tCO2e/$MPolyusYear: 2024Scope 1: 1,310,000 tCO2eRevenue: $M 589,214Scope 1 Intensity: 2.22 tCO2e/$MWestern MiningYear: 2024Scope 1: 563,111 tCO2eRevenue: $M 6,855Scope 1 Intensity: 82.15 tCO2e/$MSouth32Year: 2024Scope 1: 9,400,000 tCO2eRevenue: $M 7,524Scope 1 Intensity: 1,249.28 tCO2e/$MBolidenYear: 2024Scope 1: 657,646 tCO2eRevenue: $M 8,095Scope 1 Intensity: 81.24 tCO2e/$MTibet Summit ResourcesYear: 2022Scope 1: 22,000 tCO2eRevenue: $M 283Scope 1 Intensity: 77.66 tCO2e/$MKKKorea ZincYear: 2024Scope 1: 2,572,667 tCO2eRevenue: $M 8,214Scope 1 Intensity: 313.21 tCO2e/$MAfrican Rainbow MineralsYear: 2023Scope 1: 420,099 tCO2eRevenue: $M 778Scope 1 Intensity: 540.20 tCO2e/$MJJJubilee Metals GroupYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 14Scope 1 Intensity: 774.97 tCO2e/$MCCChina Northern Rare EarthYear: 2024Scope 1: 343,968 tCO2eRevenue: $M 4,517Scope 1 Intensity: 76.15 tCO2e/$MIluka ResourcesYear: 2023Scope 1: 454,000 tCO2eRevenue: $M 880Scope 1 Intensity: 516.02 tCO2e/$MSaudi Arabian MiningYear: 2024Scope 1: 10,319,069 tCO2eRevenue: $M 8,665Scope 1 Intensity: 1,190.84 tCO2e/$MHindustan ZincYear: 2024Scope 1: 4,250,000 tCO2eRevenue: $M 3,367Scope 1 Intensity: 1,262.09 tCO2e/$MIndustrias PenolesYear: 2024Scope 1: 1,196,135 tCO2eRevenue: $M 6,650Scope 1 Intensity: 179.87 tCO2e/$MCCChina Tungsten High-techYear: 2024Scope 1: 46,400 tCO2eRevenue: $M 2,020Scope 1 Intensity: 22.97 tCO2e/$MIGOYear: 2024Scope 1: 111,034 tCO2eRevenue: $M 549Scope 1 Intensity: 202.22 tCO2e/$MUnited TractorsYear: 2024Scope 1: 3,762,772 tCO2eRevenue: $M 8,357Scope 1 Intensity: 450.26 tCO2e/$MCCChengtun Mining GroupYear: 2024Scope 1: 4,022,919 tCO2eRevenue: $M 3,526Scope 1 Intensity: 1,141.05 tCO2e/$MZhejiang Huayou CobaltYear: 2024Scope 1: 2,992,418 tCO2eRevenue: $M 8,351Scope 1 Intensity: 358.34 tCO2e/$MVedantaYear: 2025Scope 1: 63,324,730 tCO2eRevenue: $M 17,641Scope 1 Intensity: 3,589.66 tCO2e/$MBHP GroupYear: 2025Scope 1: 7,300,000 tCO2eRevenue: $M 78,349Scope 1 Intensity: 93.17 tCO2e/$MNexa ResourcesYear: 2024Scope 1: 453,864 tCO2eRevenue: $M 2,766Scope 1 Intensity: 164.06 tCO2e/$MSumitomo Metal MiningYear: 2024Scope 1: 1,724,000 tCO2eRevenue: $M 9,544Scope 1 Intensity: 180.63 tCO2e/$MCCCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$MCMOC GroupYear: 2024Scope 1: 1,340,000 tCO2eRevenue: $M 29,190Scope 1 Intensity: 45.91 tCO2e/$MGMK Noril'skiy NikelYear: 2024Scope 1: 8,200,000 tCO2eRevenue: $M 12,535Scope 1 Intensity: 654.17 tCO2e/$M

How does GMK Noril'skiy Nikel's GHG emissions intensity compare to its peers?

In 2024, GMK Noril'skiy Nikel reported a Scope 1 emissions intensity of 654.17 tCOâ‚‚e per millions USD. Compared to the peer group median of 180.63, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does GMK Noril'skiy Nikel rank on GHG emissions intensity within its industry?

In 2024, GMK Noril'skiy Nikel ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

GMK Noril'skiy Nikel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into GMK Noril'skiy Nikel's Total Carbon Footprint

In 2024, GMK Noril'skiy Nikel reported a total carbon footprint of 15,300,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.32% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to GMK Noril'skiy Nikel's total carbon footprint was Scope 1 emissions, accounting for 53.59% of the company's total carbon footprint, followed by Scope 3 emissions at 43.79%.a

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