Norilsk Nickel

Norilsk Nickel, headquartered in Russia and operating in the nickel ores and concentrates industry, has reported its carbon emissions and committed to several climate goals.

For 2025, Norilsk Nickel anticipates Scope 1 emissions of approximately 8.1 billion kg CO2e and Scope 2 emissions of about 400 million kg CO2e (market-based: 763.1 million kg CO2e; location-based: 427.6 million kg CO2e). In 2024, the company's Scope 1 emissions were approximately 8.2 billion kg CO2e and Scope 2 emissions were about 400 million kg CO2e. For 2023, Scope 1 emissions were approximately 8.2 billion kg CO2e and Scope 2 emissions were about 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 about 1.3 billion kg CO2e, Scope 2 emissions of approximately 500 million kg CO2e (location-based: 500 million kg CO2e), and Scope 3 emissions of approximately 5.3 billion kg CO2e. Key Scope 3 categories included processing of sold products (3.7 billion kg CO2e), purchased goods and services (900 million kg CO2e), capital goods (100 million kg CO2e), fuel and energy-related activities (300 million kg CO2e), and downstream transportation and distribution (200 million kg CO2e).

Looking back, in 2021, the company's total reported emissions were approximately 9.4 billion kg CO2e, comprising Scope 1 emissions of about 1.3 billion kg CO2e, Scope 2 emissions of approximately 500 million kg CO2e, and Scope 3 emissions of approximately 5.4 billion kg CO2e. In 2020, Norilsk Nickel reported Scope 1 emissions of approximately 1.3 billion kg CO2e and Scope 2 emissions of about 500 million kg CO2e. In 2019, Scope 1 emissions were approximately 9.5 billion kg CO2e and Scope 2 emissions were about 500 million kg CO2e. For 2018, Scope 1 emissions were approximately 9.6 billion kg CO2e and Scope 2 emissions were about 300 million kg CO2e. In 2017, Scope 1 emissions were approximately 10.2 billion kg CO2e and Scope 2 emissions were about 100 million kg CO2e. The company's Scope 1 and 2 emissions were approximately 11.8 billion kg CO2e in 2013 and approximately 31.5 billion kg CO2e in 2010.

Norilsk Nickel has set ambitious climate commitments. The company aims for a 50% reduction in Scope 1 and Scope 2 CO2 emissions by 2030, using a 2021 baseline. Furthermore, it targets carbon neutrality for Scope 1 and Scope 2 emissions by 2050. More recently, the company announced a near-term target to reduce its Scope 1 and Scope 2 GHG emissions by 30% by 2030, compared to a 2020 baseline. Additionally, Norilsk Nickel is committed to reducing the CO2 intensity of nickel equivalent production by 37% by 2028. Specific to its operations, the company aimed to reduce SO2 emissions at its Polar Division by 90% by 2025 from a 2015 baseline and at its Kola site by 85% by 2021 from a 2015 baseline.