Novolipetsk Steel PAO

Common Name
Novolipetsk Steel
Country
Russia
Sector
Basic Materials
Industry
Steel
Employees
N/A
Ticker
NLMK
Exchange
MOSCOW EXCHANGE
Website
nlmk.com
Description
Novolipetsk Steel PJSC is one of the leading steel-producing companies in Russia and a significant player in the global steel industry. Primarily engaged in the manufacturing of steel products, Novoli...

Novolipetsk Steel's GHG Emissions Data Preview

In 2023, 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).

However, Novolipetsk Steel 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
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Novolipetsk Steel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Novolipetsk Steel amounted to 31,754,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Novolipetsk Steel increased by 3.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Novolipetsk Steel's Scope 1 Emissions Over Time

20182019202020212022202308 M16 M24 M32 MtCO2e-9%+5%+1%-4%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Novolipetsk Steel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Novolipetsk Steel were 29,969,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Novolipetsk Steel reduced its Scope 1 emissions over time?

Since 2018, Novolipetsk Steel's Scope 1 emissions have decreased by 2.61%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Novolipetsk Steel's Scope 1 emissions increased by 3.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Novolipetsk Steel's Scope 2 emissions?

In 2023, Novolipetsk Steel reported Scope 2 greenhouse gas (GHG) emissions of 384,000 tCOâ‚‚e using the market-based method, and 1,785,000 tCOâ‚‚e using the location-based method.

Has Novolipetsk Steel reduced its Scope 2 emissions over time?

Since 2018, Novolipetsk Steel's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 17.17%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Novolipetsk Steel's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Novolipetsk Steel 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Novolipetsk Steel use for Scope 2 reporting?

In 2023, Novolipetsk Steel reported its Scope 2 emissions using the market-based method and using the location-based method.

Novolipetsk Steel's Scope 2 Emissions Over Time

2018201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Novolipetsk Steel's Value Chain Emissions

In 2023, Novolipetsk Steel reported 7,700,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Novolipetsk Steel 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.

Novolipetsk Steel's Scope 3 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e+17%-16%+3%-14%+24%
  • Total Scope 3
  • Year-over-Year Change

What are Novolipetsk Steel's Scope 3 emissions?

In 2023, Novolipetsk Steel reported total Scope 3 emissions of 7,700,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Novolipetsk Steel reduced its Scope 3 emissions over time?

Since 2018, Novolipetsk Steel's Scope 3 emissions have remained relatively stable, indicating that Novolipetsk Steel 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Novolipetsk Steel's Scope 3 emissions increased by 24.19%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Novolipetsk Steel's Total Carbon Footprint

In 2023, Novolipetsk Steel reported a total carbon footprint of 39,454,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.98% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Novolipetsk Steel's total carbon footprint was Scope 1 emissions, accounting for 75.96% of the company's total carbon footprint, followed by Scope 3 emissions at 19.52%.