Nlmk Sustainability Profile
NLMK, or Novolipetsk Steel, is a leading steel producer headquartered in Lipetsk, Russia. Founded in 1931, the company has established a significant presence in the global steel industry, with major operations across Europe, North America, and Asia. NLMK is renowned for its high-quality flat and long steel products, catering to various sectors including construction, automotive, and energy. With a commitment to innovation and sustainability, NLMK has achieved notable milestones, such as implementing advanced production technologies and reducing its environmental footprint. The company consistently ranks among the top steel producers worldwide, recognised for its operational efficiency and product excellence. NLMK's unique offerings, including premium steel grades and tailored solutions, position it as a key player in the competitive steel market.
DitchCarbon Score
How does Nlmk'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.
Industry Average
Mean score of companies in the Iron and Steel Production 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.
Industry Benchmark
Nlmk's score of 15 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nlmk's reported carbon emissions
In 2020, NLMK reported combined Scope 1 and Scope 2 emissions of approximately 1,920,000 kg CO2e from stationary sources, as part of its operations in the iron and steel sector. This data is cascaded from its parent company, Public Joint Stock Company "Novolipetsk Steel". For the previous years, NLMK's emissions were as follows: in 2019, the total emissions were about 32,000,000 kg CO2e, with Scope 1 emissions at approximately 28,400,000 kg CO2e and Scope 2 at about 3,600,000 kg CO2e. In 2018, the total emissions were around 34,200,000 kg CO2e, with Scope 1 at about 30,200,000 kg CO2e and Scope 2 at approximately 4,000,000 kg CO2e. NLMK has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company is currently classified as a current subsidiary of Public Joint Stock Company "Novolipetsk Steel", which influences its emissions reporting and performance metrics. Overall, NLMK's emissions data reflects its ongoing operations in the steel industry, with a focus on understanding and managing its carbon footprint.
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| 2008 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|
| Scope 1 | 310,800,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 280,500,000 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 3 | 26,500,000 | - | - | - | - | - |
How Carbon Intensive is Nlmk's Industry?
How Carbon Intensive is Nlmk's Location?
Nlmk's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 4% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 11% of Scope 3 emissions.
Top Scope 3 Categories
Nlmk's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nlmk has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
