JSC Holding Company METALLOINVEST, a leading player in the global steel and mining industry, is headquartered in Russia. Established in 2003, the company has rapidly expanded its operations across key regions, including the Ural and Central Federal Districts, solidifying its position as a major supplier of iron ore and steel products. METALLOINVEST is renowned for its high-quality production of iron ore, hot-rolled steel, and pellets, which are distinguished by their superior performance and sustainability. The company has achieved significant milestones, including advancements in production technology and environmental initiatives, positioning itself as a responsible leader in the sector. With a strong market presence and a commitment to innovation, METALLOINVEST continues to drive growth and excellence in the steel and mining industries.
How does JSC Holding Company METALLOINVEST's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
JSC Holding Company METALLOINVEST's score of 18 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
JSC Holding Company METALLOINVEST, headquartered in Russia, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established targets through the Science Based Targets initiative (SBTi). METALLOINVEST commits to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 42% by the year 2030, using 2022 as the baseline year. This target is aligned with the necessary reductions to limit global warming to 1.5°C, reflecting the company's dedication to climate action. Additionally, the company plans to measure and address its Scope 3 emissions, which encompass indirect emissions in its value chain. These targets were approved via a streamlined validation route specifically designed for small and medium-sized enterprises (SMEs), indicating a structured approach to sustainability within the organisation. As of now, METALLOINVEST has not reported any absolute emissions figures, but its commitment to significant reductions demonstrates a proactive stance in addressing climate change.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
JSC Holding Company METALLOINVEST is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.