Norilsk Nickel

Norilsk Nickel, a producer of nickel ores and concentrates headquartered in Russia, reported a total of approximately 8.6 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions.

For the reporting year 2024, the company's emissions breakdown includes:

• Scope 1: Approximately 1.1 billion kg CO2e
• Scope 2: Approximately 400 million kg CO2e (location-based)
• Scope 3: Approximately 6.7 billion kg CO2e, with significant contributions from the processing of sold products (approximately 5.3 billion kg CO2e) and purchased goods and services (approximately 700 million kg CO2e).

In 2023, Norilsk Nickel's total emissions were approximately 8.7 billion kg CO2e. This comprised approximately 1.1 billion kg CO2e for Scope 1, 500 million kg CO2e for Scope 2, and 6.4 billion kg CO2e for Scope 3.

The company has established several climate commitments and reduction targets. Norilsk Nickel aims to achieve carbon neutrality by 2050 for Scope 2 emissions, and a similar goal is stated for Scope 1 emissions by 2050. Furthermore, the company has a near-term target to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2020 as a baseline. A more recent commitment indicates an aim to reduce Scope 1 and Scope 2 emissions by 30% from 2020 levels by 2030. Additionally, the company is working towards reducing its Scope 1 and Scope 2 emissions to near zero by the middle of the current decade.

Norilsk Nickel also reports on specific intensity metrics, such as the product carbon footprint of nickel. For instance, in 2024, this was reported as approximately 8,800 kg CO2e per tonne of nickel. In 2023, the product carbon footprint was approximately 8,500 kg CO2e per tonne of nickel. Intensity metrics for Scope 1 and 2 emissions are also available, such as 0.0061 kg CO2e per Russian Ruble of revenue in 2023.

The company's emissions reporting is not cascaded from a parent organisation.