In 2025, Novolipetsk Steel 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).
Novolipetsk Steel has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 29,208,000a | 29,578,000a | 29,969,000a | |
Total Scope 2 | ||||
Market-Based | 393,000a | 389,000a | 384,000a | |
Location-Based | 2,103,000a | 1,893,000a | 1,785,000a | |
Total Scope 3 | 7,500,000a | 8,000,000a | 7,700,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,821.4885a | 3,434.5906a | N/A |
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In 2025, the total operational greenhouse gas (GHG) emissions of Novolipetsk Steel amounted to 31,311,000 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 2024, the total operational greenhouse gas (GHG) emissions of Novolipetsk Steel decreased by 0.51%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Novolipetsk Steel were 29,208,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Novolipetsk Steel's Scope 1 emissions have increased by 3.78%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2024), Novolipetsk Steel's Scope 1 emissions decreased by 1.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Novolipetsk Steel reported Scope 2 greenhouse gas (GHG) emissions of 393,000 tCO₂e using the market-based method and 2,103,000 tCO₂e using the location-based method.a
Since 2019, Novolipetsk Steel's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Novolipetsk Steel's emissions have plateaued with no significant change in its energy consumption footprint.ac
Compared to the previous year (2024), Novolipetsk Steel's Scope 2 emissions (Location-Based) rose by 11.09% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2025, Novolipetsk Steel reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Novolipetsk Steel reported 7,500,000 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 2025 disclosure of Novolipetsk Steel includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Novolipetsk Steel reported total Scope 3 emissions of 7,500,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Novolipetsk Steel's Scope 3 emissionshave remained relatively stable, indicating that Novolipetsk Steel's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2024), Novolipetsk Steel's Scope 3 emissions remained relatively stable, indicating that Novolipetsk Steel's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, Novolipetsk Steel reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to Novolipetsk Steel's Scope 3 emissions were:a
In 2025, Novolipetsk Steel reported Scope 1 greenhouse gas (GHG) emissions of 29,208,000 tCO₂e and total revenues of USD 10,352 millions. This translates into an emissions intensity of 2,821.49 tCO₂e per millions USD.a
In 2025, Novolipetsk Steel reported a Scope 1 emissions intensity of 2,821.49 tCO₂e per millions USD. Compared to the peer group median of 1,459.72, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Novolipetsk Steel ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Novolipetsk Steel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Novolipetsk Steel reported a total carbon footprint of 38,811,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.67% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Novolipetsk Steel's total carbon footprint was Scope 1 emissions, accounting for 75.26% of the company's total carbon footprint, followed by Scope 3 emissions at 19.32%.a