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NLMK, or Novolipetsk Steel, is a leading player in the basic iron and steel industry, headquartered in Lipetsk, Russia. Founded in 1931, the company has established itself as a significant producer of steel and ferro-alloys, with operations extending across Europe, North America, and Asia. NLMK's core offerings include high-quality flat and long steel products, which are distinguished by their advanced production technologies and commitment to sustainability.
With a strong market position, NLMK ranks among the top steel producers globally, recognised for its innovative approaches and efficient production processes. The company has achieved numerous milestones, including significant investments in modernising its facilities and expanding its product range, ensuring it meets the evolving demands of various industries. NLMK continues to set benchmarks in quality and performance within the steel sector.
11
DitchCarbon score
-6 vs industry average
Nlmk’s score of 11 is lower than 35% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Iron and Steel Production is among the most carbon-intensive industries
Industry performance
2.965
20182025
The Iron and Steel Production industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Nlmk's reported carbon emissions
NLMK, a Russian-headquartered company in the basic iron and steel industry, reported its 2023 market-based Scope 1 and 2 emissions as approximately 30.35 billion kg CO2e. This comprises about 29.97 billion kg CO2e from Scope 1 emissions and approximately 384 million kg CO2e from market-based Scope 2 emissions.
The company has set near-term net-zero goals, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This target was set with a start year of 2023. These emissions data and reduction initiatives are inherited from its direct parent company, Public Joint Stock Company "Novolipetsk Steel".
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Nlmk’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Nlmk yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Nlmk22 days ago
11
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