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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Total Scope 3
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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 of Magnitogorskiy Metallurgicheskiy Kombinat amounted to 77,484,334 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 2023, the total operational greenhouse gas (GHG) emissions of Magnitogorskiy Metallurgicheskiy Kombinat decreased 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

2018201920202021202220232024025 M50 M75 M100 MtCO2e-7%+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 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 increased by 155.39%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

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 tCO₂e without specifying the calculation method. a

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

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 CO₂ equivalent (tCO₂e) 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 0 of 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 CO₂ equivalent (tCO₂e). a

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 2023, Magnitogorskiy Metallurgicheskiy Kombinat reported Scope 1 greenhouse gas (GHG) emissions of 79,844,448 tCO₂e and total revenues of USD 763,390 millions. This translates into an emissions intensity of 104.59 tCO₂e 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)2002,00020,000500,0005,000,000Revenues (Millions of USD)SXCWalsin LihwaYear: 2024Scope 1: 3,206,945 tCO2eRevenue: $M 5,474Scope 1 Intensity: 585.88 tCO2e/$MVesuviusYear: 2023Scope 1: 169,914 tCO2eRevenue: $M 2,457Scope 1 Intensity: 69.14 tCO2e/$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: 2023Scope 1: 4,782,300 tCO2eRevenue: $M 5,698Scope 1 Intensity: 839.24 tCO2e/$MCompanhia Siderurgica NacionalYear: 2024Scope 1: 15,213,806 tCO2eRevenue: $M 7,072Scope 1 Intensity: 2,151.40 tCO2e/$MXXXinyu Iron & SteelYear: 2023Scope 1: 19,625,639 tCO2eRevenue: $M 10,010Scope 1 Intensity: 1,960.55 tCO2e/$MAcerinoxYear: 2023Scope 1: 778,994 tCO2eRevenue: $M 7,314Scope 1 Intensity: 106.51 tCO2e/$MNovolipetsk SteelYear: 2021Scope 1: 29,932,000 tCO2eRevenue: $M 1,311,243Scope 1 Intensity: 22.83 tCO2e/$MSeverstalYear: 2023Scope 1: 24,850,000 tCO2eRevenue: $M 728,314Scope 1 Intensity: 34.12 tCO2e/$MOutokumpuYear: 2023Scope 1: 1,013,282 tCO2eRevenue: $M 7,705Scope 1 Intensity: 131.52 tCO2e/$MCCChongqing Iron & SteelYear: 2023Scope 1: 15,416,869 tCO2eRevenue: $M 5,532Scope 1 Intensity: 2,786.70 tCO2e/$MDaido SteelYear: 2022Scope 1: 367,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 84.55 tCO2e/$MKobe SteelYear: 2024Scope 1: 14,200,000 tCO2eRevenue: $M 16,793Scope 1 Intensity: 845.59 tCO2e/$MHyundai SteelYear: 2023Scope 1: 26,679,000 tCO2eRevenue: $M 20,280Scope 1 Intensity: 1,315.52 tCO2e/$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: $M 1,772Scope 1 Intensity: 3,072.77 tCO2e/$MErdemirYear: 2024Scope 1: 17,336,630 tCO2eRevenue: $M 5,770Scope 1 Intensity: 3,004.70 tCO2e/$MJFE HoldingsYear: 2024Scope 1: 44,000,000 tCO2eRevenue: $M 34,170Scope 1 Intensity: 1,287.70 tCO2e/$MTaigang StainlessYear: 2023Scope 1: 21,600,000 tCO2eRevenue: $M 14,861Scope 1 Intensity: 1,453.46 tCO2e/$MMagnitogorskiy Metallurgicheskiy KombinatYear: 2023Scope 1: 79,844,448 tCO2eRevenue: $M 763,390Scope 1 Intensity: 104.59 tCO2e/$M

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

In 2023, Magnitogorskiy Metallurgicheskiy Kombinat reported a Scope 1 emissions intensity of 104.59 tCO₂e per millions USD. Compared to the peer group median of 839.24 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2023, Magnitogorskiy Metallurgicheskiy Kombinat ranked 7 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Magnitogorskiy Metallurgicheskiy Kombinat is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. 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 CO₂ equivalent (tCO₂e) 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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