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Magnitogorskiy Metallurgicheskiy Kombinat PAO

Common Name
Magnitogorskiy Metallurgicheskiy Kombinat
Country
Russia
Sector
Basic Materials
Industry
Steel
Employees
N/A
Ticker
MAGN
Exchange
MOSCOW EXCHANGE
Website
mmk.ru
Description
Magnitogorsk Iron & Steel Works is a leading steel production company based in Russia, renowned for its integrated steel manufacturing capabilities. The primary function of this asset is to supply a w...

Magnitogorskiy Metallurgicheskiy Kombinat's GHG Emissions Data Preview

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat 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).

However, Magnitogorskiy Metallurgicheskiy Kombinat has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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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 Magnitogorskiy Metallurgicheskiy Kombinat’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 Magnitogorskiy Metallurgicheskiy Kombinat’s data sources below and access millions more through our Disclosure Search.

a. Magnitogorskiy Metallurgicheskiy Kombinat's ESG Data Spreadsheet 2024
a. Magnitogorskiy Metallurgicheskiy Kombinat's ESG Data Spreadsheet 2024
b. Magnitogorskiy Metallurgicheskiy Kombinat's Financial & Extra-Financial Data Spreadsheet 2023
b. Magnitogorskiy Metallurgicheskiy Kombinat's Financial & Extra-Financial Data Spreadsheet 2023

Insights into Magnitogorskiy Metallurgicheskiy Kombinat's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMagnitogorskiy Metallurgicheskiy Kombinat amounted to77,484,334metric 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 Magnitogorskiy Metallurgicheskiy Kombinatdecreased by 6.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 Emissions Over Time

201920202021202220232024025 M50 M75 M100 MtCO2e+100%+46%-6%+6%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Magnitogorskiy Metallurgicheskiy Kombinat were 75,317,053 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Magnitogorskiy Metallurgicheskiy Kombinat reduced its Scope 1 emissions over time?

Since 2019, Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 emissions have increased by 173.95%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 emissions decreased by 5.67%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Magnitogorskiy Metallurgicheskiy Kombinat's Scope 2 emissions?

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat reported Scope 2 greenhouse gas (GHG) emissions of 2,167,281 tCOâ‚‚e without specifying the calculation method.a

Has Magnitogorskiy Metallurgicheskiy Kombinat reduced its Scope 2 emissions over time?

Since 2019, Magnitogorskiy Metallurgicheskiy Kombinat's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 168.93%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Magnitogorskiy Metallurgicheskiy Kombinat's Scope 2 emissions(Unspecified Calculation Method) fell by 22.55% 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 Magnitogorskiy Metallurgicheskiy Kombinat use for Scope 2 reporting?

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat reported its Scope 2 emissions using an unspecified methodology.a

Magnitogorskiy Metallurgicheskiy Kombinat's Scope 2 Emissions Over Time

2019202020212022202320240700 k1.4 M2.1 M2.8 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Magnitogorskiy Metallurgicheskiy Kombinat's Value Chain Emissions

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat reported 26,732,181 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 Magnitogorskiy Metallurgicheskiy Kombinat includes a breakdown across 0of 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

Magnitogorskiy Metallurgicheskiy Kombinat's Scope 3 Emissions Over Time

20192020202120222023202408.5 M17 M25.5 M34 MtCO2e+77%+24%-4%+23%-17%
  • Total Scope 3
  • Year-over-Year Change

What are Magnitogorskiy Metallurgicheskiy Kombinat's Scope 3 emissions?

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat reported total Scope 3 emissions of 26,732,181 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Magnitogorskiy Metallurgicheskiy Kombinat reduced its Scope 3 emissions over time?

Since 2019, Magnitogorskiy Metallurgicheskiy Kombinat's Scope 3 emissionshave increased by 115.17%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Magnitogorskiy Metallurgicheskiy Kombinat's Scope 3 emissions decreased by 17.43%, highlighting the company's efforts to lower indirect emissions from its value chain.a

Insights into Magnitogorskiy Metallurgicheskiy Kombinat’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat reported Scope 1 greenhouse gas (GHG) emissions of 75,317,053 tCOâ‚‚e and total revenues of USD 6,756 millions. This translates into an emissions intensity of 11,148.6 tCOâ‚‚e per millions USD.a

Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 Emissions Intensity Compared to Peers

2,00050,0001,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)SXLCTWSWalsin LihwaYear: 2024Scope 1: 3,206,945 tCO2eRevenue: $M 5,474Scope 1 Intensity: 585.88 tCO2e/$MRatnamani Metals and TubesYear: 2025Scope 1: 10,400 tCO2eRevenue: $M 607Scope 1 Intensity: 17.13 tCO2e/$MKumba Iron OreYear: 2024Scope 1: 417,000 tCO2eRevenue: $M 3,633Scope 1 Intensity: 114.77 tCO2e/$MSSShandong Iron and SteelYear: 2024Scope 1: 24,821,339 tCO2eRevenue: $M 11,249Scope 1 Intensity: 2,206.60 tCO2e/$MCSN MineracaoYear: 2024Scope 1: 209,099 tCO2eRevenue: $M 2,670Scope 1 Intensity: 78.31 tCO2e/$MUsiminasYear: 2024Scope 1: 6,828,650 tCO2eRevenue: $M 4,187Scope 1 Intensity: 1,630.73 tCO2e/$MCompanhia Siderurgica NacionalYear: 2024Scope 1: 15,213,806 tCO2eRevenue: $M 7,072Scope 1 Intensity: 2,151.40 tCO2e/$MXXXinyu Iron & SteelYear: 2024Scope 1: 19,783,890 tCO2eRevenue: $M 5,728Scope 1 Intensity: 3,453.89 tCO2e/$MLLLiuzhou Iron & SteelYear: 2024Scope 1: 35,558,200 tCO2eRevenue: $M 9,610Scope 1 Intensity: 3,700.26 tCO2e/$MSwiss Steel HoldingYear: 2024Scope 1: 407,000 tCO2eRevenue: $M 2,613Scope 1 Intensity: 155.75 tCO2e/$MAcerinoxYear: 2024Scope 1: 706,825 tCO2eRevenue: $M 5,633Scope 1 Intensity: 125.48 tCO2e/$MKloeckner & CoYear: 2024Scope 1: 38,911 tCO2eRevenue: $M 6,902Scope 1 Intensity: 5.64 tCO2e/$MJindal SteelYear: 2025Scope 1: 21,490,000 tCO2eRevenue: $M 4,832Scope 1 Intensity: 4,447.68 tCO2e/$MNovolipetsk SteelYear: 2024Scope 1: 29,578,000 tCO2eRevenue: $M 8,612Scope 1 Intensity: 3,434.59 tCO2e/$MSeverstalYear: 2024Scope 1: 23,030,000 tCO2eRevenue: $M 7,295Scope 1 Intensity: 3,157.06 tCO2e/$MOutokumpuYear: 2024Scope 1: 990,643 tCO2eRevenue: $M 6,183Scope 1 Intensity: 160.21 tCO2e/$MCCChongqing Iron & SteelYear: 2024Scope 1: 11,813,841 tCO2eRevenue: $M 3,733Scope 1 Intensity: 3,164.66 tCO2e/$MTTTianjin You Fa Steel Pipe Group StockYear: 2024Scope 1: 241,382 tCO2eRevenue: $M 7,512Scope 1 Intensity: 32.13 tCO2e/$MDaido SteelYear: 2024Scope 1: 384,295 tCO2eRevenue: $M 3,820Scope 1 Intensity: 100.59 tCO2e/$MWWWorthington SteelYear: 2025Scope 1: 97,988 tCO2eRevenue: $M 3,093Scope 1 Intensity: 31.68 tCO2e/$MBlueScope SteelYear: 2024Scope 1: 8,500,000 tCO2eRevenue: $M 11,345Scope 1 Intensity: 749.21 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MShyam Metalics and EnergyYear: 2025Scope 1: 5,443,998 tCO2eRevenue: $M 1,772Scope 1 Intensity: 3,072.77 tCO2e/$MHang Zhou Iron & SteelYear: 2023Scope 1: 9,413,745 tCO2eRevenue: $M 7,855Scope 1 Intensity: 1,198.42 tCO2e/$MSSSansteel Minguang Co Ltd FujianYear: 2024Scope 1: 15,938,077 tCO2eRevenue: $M 6,311Scope 1 Intensity: 2,525.44 tCO2e/$MMagnitogorskiy Metallurgicheskiy KombinatYear: 2024Scope 1: 75,317,053 tCO2eRevenue: $M 6,756Scope 1 Intensity: 11,148.60 tCO2e/$M

How does Magnitogorskiy Metallurgicheskiy Kombinat's GHG emissions intensity compare to its peers?

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat reported a Scope 1 emissions intensity of 11,148.6 tCOâ‚‚e per millions USD. Compared to the peer group median of 1,198.42, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Magnitogorskiy Metallurgicheskiy Kombinat rank on GHG emissions intensity within its industry?

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat ranked 26 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Magnitogorskiy Metallurgicheskiy Kombinat among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Magnitogorskiy Metallurgicheskiy Kombinat's Total Carbon Footprint

In 2024, Magnitogorskiy Metallurgicheskiy Kombinat reported a total carbon footprint of 104,216,515 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.39% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Magnitogorskiy Metallurgicheskiy Kombinat's total carbon footprint was Scope 1 emissions, accounting for 72.27% of the company's total carbon footprint, followed by Scope 3 emissions at 25.65%.a

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