Severstal' PAO

Common Name
Severstal
Country
Russia
Sector
Basic Materials
Industry
Steel
Employees
N/A
Ticker
CHMF
Exchange
MOSCOW EXCHANGE
Description
Severstal PJSC is a leading global steel and mining company based in Russia, known for its integrated operations from raw material extraction to steel production. It primarily operates in the steel ma...

Severstal's Climate Target Data Preview

As of 2023, Severstal has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Severstal ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2060
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Verified Sources Behind Severstal’s Climate Targets 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 Severstal’s data sources below and access millions more through our Disclosure Search.

a. Severstal's Sustainability Report 2023
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Insights into Severstal's Greenhouse Gas Emissions Pathways

As of 2023, Severstal has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a

Does Severstal have a target to reduce its total carbon footprint?

As of 2023, Severstal has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Severstal's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 2.063 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured in 2020, by 40% by 2060. a

Instead of reducing total carbon footprint, Severstal has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target. a

Severstal's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202020232030206000.551.11.652.2Current (+5%)Target 2030 (-10%)Target 2060 (-40%)
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