Severstal 2020 SR
The report highlights Severstal's 2020 sustainability performance, focusing on its business transformation and response to the COVID-19 pandemic. The company committed to a 3% reduction in greenhouse gas emissions intensity by 2023 and achieved a record 80.8% self-sufficiency in electricity at its Cherepovets site. Significant investments were made in environmental protection, totaling 5.6 billion roubles, and social support programs, including 2.5 billion roubles for pandemic relief. Severstal also improved its ESG ratings, notably moving from CCC to B in the MSCI ESG rating, and was recognized as a Sustainability Champion by the World Steel Association.
Company: Severstal
Sector: Manufacturing
Country: Russia
Year: 2020
Type: SR
Pages: 187
Severstal
The report highlights Severstal's 2020 sustainability performance, focusing on its business transformation and response to the COVID-19 pandemic. The company committed to a 3% reduction in greenhouse gas emissions intensity by 2023 and achieved a record 80.8% self-sufficiency in electricity at its Cherepovets site. Significant investments were made in environmental protection, totaling 5.6 billion roubles, and social support programs, including 2.5 billion roubles for pandemic relief. Severstal also improved its ESG ratings, notably moving from CCC to B in the MSCI ESG rating, and was recognized as a Sustainability Champion by the World Steel Association.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
May 1, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees