Norilsk Nickel

Norilsk Nickel, headquartered in Russia and operating in the nickel ores and concentrates industry, reported anticipated Scope 1 emissions of 8.1 billion kg CO2e and Scope 2 emissions of 400 million kg CO2e for 2025. In 2024, the company projected Scope 1 emissions to be 8.2 billion kg CO2e and Scope 2 emissions to be 400 million kg CO2e. For 2023, Norilsk Nickel's estimated Scope 1 emissions were 8.2 billion kg CO2e, and Scope 2 emissions were 500 million kg CO2e.

In 2022, Norilsk Nickel's total reported emissions were approximately 8.9 billion kg CO2e. This included Scope 1 emissions of 1.3 billion kg CO2e, Scope 2 emissions of 500 million kg CO2e (location-based), and Scope 3 emissions of 5.3 billion kg CO2e. Key categories for Scope 3 emissions in 2022 were processing of sold products (3.7 billion kg CO2e), purchased goods and services (900 million kg CO2e), and capital goods (100 million kg CO2e).

The company has set several climate commitments. Norilsk Nickel aims for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions, with some targets also indicating a 2060 timeline. In the near term, Norilsk Nickel is committed to reducing its Scope 1 GHG emissions by 50% by 2030 from a 2021 baseline and by 30% by 2030 from a 2020 baseline. Similarly, Scope 2 GHG emissions are targeted for a 50% reduction by 2030 from a 2021 baseline and a 30% reduction by 2030 from a 2020 baseline. The company also aims to reduce the CO2 intensity of nickel equivalent production by 37% by 2028 (from a 2020 baseline) for both Scope 1 and Scope 2. Additionally, Norilsk Nickel intends to reduce SO2 emissions at its Polar Division by 90% by 2025 from a 2015 baseline and at the Kola site by 85% by 2021 from a 2015 baseline.