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 GHG Emissions Data Preview

In 2023, Severstal 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).

Severstal has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 Severstal's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Severstal amounted to 25,780,000 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 Severstal decreased by 4.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Severstal's Scope 1 Emissions Over Time

20182019202020212022202307.5 M15 M22.5 M30 MtCO2e+1%0%+9%-10%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Severstal's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Severstal were 24,850,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Severstal reduced its Scope 1 emissions over time?

Since 2018, Severstal's Scope 1 emissions have decreased by 5.19%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Severstal's Scope 1 emissions decreased by 4.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Severstal's Scope 2 emissions?

In 2023, Severstal reported Scope 2 greenhouse gas (GHG) emissions of 930,000 tCOâ‚‚e using the market-based method, and 930,000 tCOâ‚‚e using the location-based method.

Has Severstal reduced its Scope 2 emissions over time?

Since 2018, Severstal's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 40.38%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Severstal's Scope 2 emissions (Location-Based) fell by 13.08% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Severstal use for Scope 2 reporting?

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

Severstal's Scope 2 Emissions Over Time

2018201920202021202220230450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Severstal's Value Chain Emissions

In 2023, Severstal reported 13,170,000 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 Severstal includes a breakdown across 11 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.

Severstal's Scope 3 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e-7%+4%-13%-11%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Severstal's Scope 3 emissions?

In 2023, Severstal reported total Scope 3 emissions of 13,170,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 78.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.79% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Severstal reduced its Scope 3 emissions over time?

Since 2018, Severstal's Scope 3 emissions have decreased by 20.71%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Severstal's Scope 3 emissions remained relatively stable, indicating that Severstal 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Severstal disclose?

In 2023, Severstal reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Severstal's Scope 3 emissions?

In 2023, the largest contributors to Severstal's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 7,730,000 tCOâ‚‚e (58.69%)
  • Processing of Sold Products (Cat. 10): 2,010,000 tCOâ‚‚e (15.26%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,700,000 tCOâ‚‚e (12.91%)

Severstal's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(58.7%)Processing of SoldProducts (Cat. 10)(15.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(12.9%)

Insights into Severstal's Total Carbon Footprint

In 2023, Severstal reported a total carbon footprint of 38,950,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.52% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Severstal's total carbon footprint was Scope 1 emissions, accounting for 63.8% of the company's total carbon footprint, followed by Scope 3 emissions at 33.81%.