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 2023, 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)2023202220212020 - 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

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a. Magnitogorskiy Metallurgicheskiy Kombinat's Financial & Extra-Financial Data Spreadsheet 2023
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Insights into Magnitogorskiy Metallurgicheskiy Kombinat's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Magnitogorskiy Metallurgicheskiy Kombinat amounted to 26,937,152 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Magnitogorskiy Metallurgicheskiy Kombinat increased by 7.9%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 Emissions Over Time

20182019202020212022202307.5 M15 M22.5 M30 MtCO2e-7%-5%0%-7%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Magnitogorskiy Metallurgicheskiy Kombinat were 25,776,081 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2018, Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 emissions have decreased by 12.6%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Magnitogorskiy Metallurgicheskiy Kombinat's Scope 1 emissions increased by 5.81%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Magnitogorskiy Metallurgicheskiy Kombinat's Scope 2 emissions?

In 2023, Magnitogorskiy Metallurgicheskiy Kombinat reported Scope 2 greenhouse gas (GHG) emissions of 1,161,071 tCO₂e without specifying the calculation method. a

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

Compared to the previous year (2022), Magnitogorskiy Metallurgicheskiy Kombinat's Scope 2 emissions (Unspecified Calculation Method) rose by 92.43% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Magnitogorskiy Metallurgicheskiy Kombinat use for Scope 2 reporting?

In 2023, Magnitogorskiy Metallurgicheskiy Kombinat reported its Scope 2 emissions using an unspecified methodology. a

Magnitogorskiy Metallurgicheskiy Kombinat's Scope 2 Emissions Over Time

201920202021202220230300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Magnitogorskiy Metallurgicheskiy Kombinat's Value Chain Emissions

In 2023, Magnitogorskiy Metallurgicheskiy Kombinat reported 15,863,690 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Magnitogorskiy Metallurgicheskiy Kombinat includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Magnitogorskiy Metallurgicheskiy Kombinat's Scope 3 Emissions Over Time

2019202020212022202304 M8 M12 M16 MtCO2e-10%+7%-3%+37%
  • Total Scope 3
  • Year-over-Year Change

What are Magnitogorskiy Metallurgicheskiy Kombinat's Scope 3 emissions?

In 2023, Magnitogorskiy Metallurgicheskiy Kombinat reported total Scope 3 emissions of 15,863,690 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Magnitogorskiy Metallurgicheskiy Kombinat's Scope 3 emissions increased by 36.64%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Magnitogorskiy Metallurgicheskiy Kombinat's Total Carbon Footprint

In 2023, Magnitogorskiy Metallurgicheskiy Kombinat reported a total carbon footprint of 42,800,842 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.02% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Magnitogorskiy Metallurgicheskiy Kombinat's total carbon footprint was Scope 1 emissions, accounting for 60.22% of the company's total carbon footprint, followed by Scope 3 emissions at 37.06%. a

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