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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of GMK Noril'skiy Nikel were 8,200,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
In 2024, GMK Noril'skiy Nikel reported Scope 2 greenhouse gas (GHG) emissions of 400,000 tCOâ‚‚e using the location-based method.a
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
In 2024, GMK Noril'skiy Nikel reported its Scope 2 emissions using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to GMK Noril'skiy Nikel's Scope 3 emissions were:a
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
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
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
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