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Severstal leads on climate policy

Moscow-listed Severstal has become the first Russian steel producer to offer a Scope 3 greenhouse gas (GHG) emissions calculation, and has set a goal of reducing GHG intensity per tonne of steel by 3% – around 1 million tonnes CO2 equivalent – by 2023 compared with 2020.

Severstal leads on climate policy Severstal leads on climate policy Severstal leads on climate policy Severstal leads on climate policy Severstal leads on climate policy

Severstal said it considered all 15 categories under the internationally-recognised Greenhouse Gas Protocol when calculating its Scope 3 emissions

Severstal said the move was in line with its commitment to the Paris Agreement goals, and also followed the objectives of Russia climate regulation.