Magnitogorskiy Metallurgicheskiy Kombinat PAO
Magnitogorskiy Metallurgicheskiy Kombinat's Climate Target Data Preview
As of 2024, Magnitogorskiy Metallurgicheskiy Kombinat has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Magnitogorskiy Metallurgicheskiy Kombinat's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target* | Scope 1 - Total, Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel from Unspecified Activities | Copy/Paste is a PRO feature.  a | 2025 |
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Insights into Magnitogorskiy Metallurgicheskiy Kombinat's Greenhouse Gas Emissions Pathways
As of 2024, Magnitogorskiy Metallurgicheskiy Kombinat has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Magnitogorskiy Metallurgicheskiy Kombinat have a target to reduce the emissions from its operations?
As of 2024, Magnitogorskiy Metallurgicheskiy Kombinat has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Magnitogorskiy Metallurgicheskiy Kombinat's most ambitious operational target is to reduce these emissions by 15.49% by 2025, compared to a baseline of 2.13 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel from Unspecified Activities in 2019.a
Instead of reducing operational emissions, Magnitogorskiy Metallurgicheskiy Kombinat has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.a