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OrganisationsPublic Joint Stock Company Severstal
Public Joint Stock Company Severstal logo

Public Joint Stock Company Severstal

Iron and Steel ProductionRussia
Last verified 2 days agoseverstal.com

Public Joint Stock Company Severstal, commonly referred to as Severstal, is a leading steel and mining company headquartered in Cherepovets, Russia. Founded in 1955, Severstal has established itself as a key player in the global steel industry, with significant operations across Russia and various international markets.

The company primarily focuses on the production of flat and long steel products, as well as iron ore and coal mining. Severstal's commitment to innovation and sustainability sets it apart, as it continually invests in advanced technologies to enhance efficiency and reduce environmental impact.

With a strong market position, Severstal has achieved notable milestones, including recognition for its high-quality steel products and operational excellence. As a major contributor to the Russian economy, Severstal remains dedicated to delivering value to its stakeholders while maintaining a focus on sustainable practices.

14
DitchCarbon score

-3 vs industry average

Public Joint Stock Company Severstal’s score of 14 is higher than 50% 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

Reported emissions

No reported emissions data is available for Public Joint Stock Company Severstal yet.

Public Joint Stock Company Severstal's reported carbon emissions

Public Joint Stock Company Severstal, headquartered in Russia, currently does not have available emissions data for the most recent year. However, the company has set ambitious long-term climate commitments aimed at achieving net-zero emissions by 2050. These commitments focus on transitioning from fossil fuels to hydrogen within the steelmaking industry, which is crucial for meeting global climate targets.

Severstal's reduction initiatives include specific targets for both Scope 1 and Scope 2 emissions, emphasising the importance of sustainable practices in their operations. The company is actively working towards these goals, recognising the steel sector's potential to significantly reduce its carbon footprint.

While no specific emissions figures are provided, Severstal's commitment to a sustainable future aligns with industry standards and reflects a proactive approach to climate change. The company is dedicated to monitoring and reporting its progress as it strives to meet its long-term environmental objectives.

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Public Joint Stock Company Severstal’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Public Joint Stock Company Severstal logoPublic Joint Stock Company Severstal
RUIron and Steel Production
2 days ago
14
Thyssenkrupp AG logoThyssenkrupp AG
DEConstruction Work
2 days ago
74
View
Bhp logoBhp
AUAluminum Production
2 days ago
54
View
United States Steel logoUnited States Steel
USMotor Vehicle Manufacturing
2 days ago
44
View
Posco logoPosco
KRIron and Steel Production
2 days ago
40
View
Alcoa logoAlcoa
USAluminum Production
2 days ago
40
View
China Baowu Steel Group Co.,Ltd logoChina Baowu Steel Group Co.,Ltd
CNBusiness Services
3 hours ago
27
View

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Ditchcarbonv260722.1
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