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Public Profile
Other Non-Ferrous Metal Products
RU
updated 3 months ago

Open joint stock company Solikamsk magnesium works Sustainability Profile

Company website

Open Joint Stock Company Solikamsk Magnesium Works, commonly referred to as SMW, is a leading player in the magnesium production industry, headquartered in Solikamsk, Russia. Established in 1942, the company has a rich history marked by significant milestones in the development of magnesium extraction and processing technologies. Operating primarily in the Ural region, Solikamsk Magnesium Works focuses on the production of high-purity magnesium and its alloys, catering to various sectors including aerospace, automotive, and metallurgy. The company is renowned for its innovative approaches and commitment to quality, which have solidified its position as a key supplier in both domestic and international markets. With a strong emphasis on sustainability and efficiency, SMW continues to enhance its production capabilities, contributing to its reputation as a trusted leader in the magnesium industry.

DitchCarbon Score

How does Open joint stock company Solikamsk magnesium works'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.

13

Industry Average

Mean score of companies in the Other Non-Ferrous Metal Products 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.

19

Industry Benchmark

Open joint stock company Solikamsk magnesium works's score of 13 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

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Open joint stock company Solikamsk magnesium works's reported carbon emissions

Open Joint Stock Company Solikamsk Magnesium Works, headquartered in Russia, currently does not report any specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the company has not established any documented reduction targets or climate pledges. As there is no emissions data or reduction initiatives reported, it is unclear how Solikamsk Magnesium Works is addressing climate commitments within the industry context. The absence of specific targets or commitments may indicate a need for further development in their sustainability strategy. Overall, without concrete data or initiatives, it is challenging to assess the company's impact on climate change or its commitment to reducing carbon emissions.

How Carbon Intensive is Open joint stock company Solikamsk magnesium works's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Open joint stock company Solikamsk magnesium works's primary industry is Other Non-Ferrous Metal Products, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Open joint stock company Solikamsk magnesium works's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Open joint stock company Solikamsk magnesium works is in RU, which has a low grid carbon intensity relative to other regions.

Open joint stock company Solikamsk magnesium works'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.

Open joint stock company Solikamsk magnesium works 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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