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 2024, 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 12 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Severstal’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 Severstal’s data sources below and access millions more through our Disclosure Search.

a. Severstal's Annual Report 2024
a. Severstal's Annual Report 2024
b. Severstal's Sustainability Report 2022
b. Severstal's Sustainability Report 2022

Insights into Severstal's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Severstal amounted to 23,920,000 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 2023, the total operational greenhouse gas (GHG) emissions of Severstal decreased by 7.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Severstal's Scope 1 Emissions Over Time

201820192020202120222023202407.5 M15 M22.5 M30 MtCO2e+1%0%+9%-10%-4%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Severstal's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Severstal were 23,030,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Severstal reduced its Scope 1 emissions over time?

Since 2018, Severstal's Scope 1 emissions have decreased by 12.13%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Severstal's Scope 1 emissions decreased by 7.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Severstal's Scope 2 emissions?

In 2024, Severstal reported Scope 2 greenhouse gas (GHG) emissions of 890,000 tCO₂e using the market-based method and 890,000 tCO₂e using the location-based method. a

Has Severstal reduced its Scope 2 emissions over time?

Since 2018, Severstal's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 42.95%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Severstal's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Severstal 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Severstal use for Scope 2 reporting?

In 2024, Severstal reported its Scope 2 emissions using the market-based method and using the location-based method. a

Severstal's Scope 2 Emissions Over Time

20182019202020212022202320240450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Severstal's Value Chain Emissions

In 2024, Severstal reported 13,490,000 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 2024 disclosure of Severstal includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 11 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Severstal's Scope 3 Emissions Over Time

201820192020202120222023202404.5 M9 M13.5 M18 MtCO2e-7%+4%-13%-11%+6%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Severstal's Scope 3 emissions?

In 2024, Severstal reported total Scope 3 emissions of 13,490,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 75.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.96% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Severstal reduced its Scope 3 emissions over time?

Since 2018, Severstal's Scope 3 emissions have decreased by 18.78%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Severstal's Scope 3 emissions remained relatively stable, indicating that Severstal 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Severstal disclose?

In 2024, Severstal reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Severstal's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 7,390,000 tCO₂e (54.74%)
  • Processing of Sold Products (Cat. 10): 2,550,000 tCO₂e (18.89%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,670,000 tCO₂e (12.37%)

Severstal's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(12.4%)Processing of SoldProducts (Cat. 10)(18.9%)Purchased Goods andServices (Cat. 1)(54.7%)

Insights into Severstal’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Severstal reported Scope 1 greenhouse gas (GHG) emissions of 24,850,000 tCO₂e and total revenues of USD 728,314 millions. This translates into an emissions intensity of 34.12 tCO₂e per millions USD. a

Severstal's Scope 1 Emissions Intensity Compared to Peers

5,000100,0002,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)5005,00050,000500,0005,000,000Revenues (Millions of USD)XGerdauYear: 2023Scope 1: 9,562,437 tCO2eRevenue: $M 14,209Scope 1 Intensity: 672.99 tCO2e/$MWalsin LihwaYear: 2024Scope 1: 3,206,945 tCO2eRevenue: $M 5,474Scope 1 Intensity: 585.88 tCO2e/$MTerniumYear: 2023Scope 1: 17,900,000 tCO2eRevenue: $M 17,610Scope 1 Intensity: 1,016.46 tCO2e/$MAPL Apollo TubesYear: 2024Scope 1: 52,852 tCO2eRevenue: $M 2,099Scope 1 Intensity: 25.18 tCO2e/$MKumba Iron OreYear: 2024Scope 1: 417,000 tCO2eRevenue: $M 3,633Scope 1 Intensity: 114.77 tCO2e/$MCSN MineracaoYear: 2024Scope 1: 209,099 tCO2eRevenue: $M 2,670Scope 1 Intensity: 78.31 tCO2e/$MSteel Authority of IndiaYear: 2025Scope 1: 52,178,648 tCO2eRevenue: $M 11,994Scope 1 Intensity: 4,350.34 tCO2e/$MUsiminasYear: 2023Scope 1: 4,782,300 tCO2eRevenue: $M 5,698Scope 1 Intensity: 839.24 tCO2e/$MCompanhia Siderurgica NacionalYear: 2024Scope 1: 15,213,806 tCO2eRevenue: $M 7,072Scope 1 Intensity: 2,151.40 tCO2e/$MXXXinyu Iron & SteelYear: 2023Scope 1: 19,625,639 tCO2eRevenue: $M 10,010Scope 1 Intensity: 1,960.55 tCO2e/$MAcerinoxYear: 2023Scope 1: 778,994 tCO2eRevenue: $M 7,314Scope 1 Intensity: 106.51 tCO2e/$MKloeckner & CoYear: 2024Scope 1: 38,911 tCO2eRevenue: $M 6,902Scope 1 Intensity: 5.64 tCO2e/$MJindal SteelYear: 2025Scope 1: 21,490,000 tCO2eRevenue: $M 4,832Scope 1 Intensity: 4,447.68 tCO2e/$MNovolipetsk SteelYear: 2021Scope 1: 29,932,000 tCO2eRevenue: $M 1,311,243Scope 1 Intensity: 22.83 tCO2e/$MCleveland-CliffsYear: 2023Scope 1: 27,900,000 tCO2eRevenue: $M 21,996Scope 1 Intensity: 1,268.41 tCO2e/$MSteel DynamicsYear: 2023Scope 1: 2,750,371 tCO2eRevenue: $M 18,795Scope 1 Intensity: 146.33 tCO2e/$MMagnitogorskiy Metallurgicheskiy KombinatYear: 2023Scope 1: 79,844,448 tCO2eRevenue: $M 763,390Scope 1 Intensity: 104.59 tCO2e/$MJindal StainlessYear: 2024Scope 1: 2,992,334 tCO2eRevenue: $M 4,606Scope 1 Intensity: 649.60 tCO2e/$MAperamYear: 2024Scope 1: 860,000 tCO2eRevenue: $M 6,509Scope 1 Intensity: 132.12 tCO2e/$MHyundai SteelYear: 2023Scope 1: 26,679,000 tCO2eRevenue: $M 20,280Scope 1 Intensity: 1,315.52 tCO2e/$MArcelorMittalYear: 2024Scope 1: 97,000,000 tCO2eRevenue: $M 53,431Scope 1 Intensity: 1,815.43 tCO2e/$MBlueScope SteelYear: 2024Scope 1: 8,500,000 tCO2eRevenue: $M 11,345Scope 1 Intensity: 749.21 tCO2e/$MHBISYear: 2024Scope 1: 52,220,000 tCO2eRevenue: $M 16,664Scope 1 Intensity: 3,133.68 tCO2e/$MTaigang StainlessYear: 2023Scope 1: 21,600,000 tCO2eRevenue: $M 14,861Scope 1 Intensity: 1,453.46 tCO2e/$MSeverstalYear: 2023Scope 1: 24,850,000 tCO2eRevenue: $M 728,314Scope 1 Intensity: 34.12 tCO2e/$M

How does Severstal's GHG emissions intensity compare to its peers?

In 2023, Severstal reported a Scope 1 emissions intensity of 34.12 tCO₂e per millions USD. Compared to the peer group median of 711.1 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Severstal rank on GHG emissions intensity within its industry?

In 2023, Severstal ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Severstal among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Severstal's Total Carbon Footprint

In 2024, Severstal reported a total carbon footprint of 37,410,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.95% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Severstal's total carbon footprint was Scope 1 emissions, accounting for 61.56% of the company's total carbon footprint, followed by Scope 3 emissions at 36.06%. a

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