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Novolipetsk Steel PAO
Novolipetsk Steel's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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aVerified Sources Behind Novolipetsk Steel’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 Novolipetsk Steel’s data sources below and access millions more through our Disclosure Search.
Insights into Novolipetsk Steel's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNovolipetsk Steel amounted to31,471,000metric 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 Novolipetsk Steeldecreased by 0.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Novolipetsk Steel's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Novolipetsk Steel's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Novolipetsk Steel were 29,578,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Novolipetsk Steel reduced its Scope 1 emissions over time?
Since 2019, Novolipetsk Steel's Scope 1 emissions have increased by 5.09%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Novolipetsk Steel's Scope 1 emissions decreased by 1.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Novolipetsk Steel's Scope 2 emissions?
In 2024, Novolipetsk Steel reported Scope 2 greenhouse gas (GHG) emissions of 389,000 tCOâ‚‚e using the market-based method and 1,893,000 tCOâ‚‚e using the location-based method.a
Has Novolipetsk Steel reduced its Scope 2 emissions over time?
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.ab
Compared to the previous year(2023), 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.a
What methodology does Novolipetsk Steel use for Scope 2 reporting?
In 2024, Novolipetsk Steel reported its Scope 2 emissions using the market-based method and using the location-based method.a
Novolipetsk Steel's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Novolipetsk Steel's Value Chain Emissions
In 2024, Novolipetsk Steel reported 8,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Novolipetsk Steel includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Novolipetsk Steel's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Novolipetsk Steel's Scope 3 emissions?
In 2024, Novolipetsk Steel reported total Scope 3 emissions of 8,000,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Has Novolipetsk Steel reduced its Scope 3 emissions over time?
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 (2023), 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
What categories of Scope 3 emissions does Novolipetsk Steel disclose?
In 2024, 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.
What are the main sources of Novolipetsk Steel's Scope 3 emissions?
In 2024, the largest contributors to Novolipetsk Steel's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 4,400,000 tCOâ‚‚e(55%)
- Fuel- and Energy-Related Services (Cat. 3): 3,100,000 tCOâ‚‚e(38.75%)
- Upstream Transportation and Distribution (Cat. 4): 500,000 tCOâ‚‚e(6.25%)
Novolipetsk Steel's Scope 3 Emissions by Categories
Insights into Novolipetsk Steel’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Novolipetsk Steel reported Scope 1 greenhouse gas (GHG) emissions of 29,578,000 tCOâ‚‚e and total revenues of USD 8,612 millions. This translates into an emissions intensity of 3,434.59 tCOâ‚‚e per millions USD.a
Novolipetsk Steel's Scope 1 Emissions Intensity Compared to Peers
How does Novolipetsk Steel's GHG emissions intensity compare to its peers?
In 2024, Novolipetsk Steel reported a Scope 1 emissions intensity of 3,434.59 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 Novolipetsk Steel rank on GHG emissions intensity within its industry?
In 2024, Novolipetsk Steel ranked 24 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 Novolipetsk Steel among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Novolipetsk Steel's Total Carbon Footprint
In 2024, Novolipetsk Steel reported a total carbon footprint of 39,471,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.04% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Novolipetsk Steel's total carbon footprint was Scope 1 emissions, accounting for 74.94% of the company's total carbon footprint, followed by Scope 3 emissions at 20.27%.a