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Public Joint Stock Company Severstal
Iron and Steel ProductionRussia
Last verified 1 month agoseverstal.com
Public Joint Stock Company Severstal, commonly known as Severstal, stands as a leading integrated steel and mining company with its headquarters firmly established in Russia. Operating globally, the company's core business revolves around the production of basic iron and steel, ferro-alloys, and their primary derivatives.
Founded in 1955, Severstal has grown to become one of the world's most efficient steelmakers, renowned for its high-quality flat and long rolled products, steel pipes, and metalware. Their unique vertically integrated business model, encompassing iron ore mining and steel production, ensures consistent quality and cost efficiency.
Severstal holds a strong market position, consistently ranking among the top steel producers worldwide. Their commitment to innovation and sustainable practices underpins their reputation as a reliable and forward-thinking supplier to various industries.
14
DitchCarbon score
-4 vs industry average
Public Joint Stock Company Severstal’s score of 14 is lower than 38% 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%
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 Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Public Joint Stock Company Severstal1 month ago
14
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