Severstal 2021 AR2
The report highlights Severstal's record financial and operational performance in 2021, driven by its vertically integrated business model and strong global steel demand. The company committed to a new medium-term target to reduce its greenhouse gas emissions intensity by 10% by 2030 compared to 2020. Additionally, Severstal announced the sale of its coking coal asset, Vorkutaugol, to focus on its decarbonisation strategy and reduce its carbon footprint. The company also became the first Russian steel producer to join ResponsibleSteel and was recognized as a Steel Sustainability Champion by the World Steel Association.
Company: Severstal
Sector: Manufacturing
Country: Russia
Year: 2021
Type: AR2
Pages: 117
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Severstal
Annual Report
The report highlights Severstal's record financial and operational performance in 2021, driven by its vertically integrated business model and strong global steel demand. The company committed to a new medium-term target to reduce its greenhouse gas emissions intensity by 10% by 2030 compared to 2020. Additionally, Severstal announced the sale of its coking coal asset, Vorkutaugol, to focus on its decarbonisation strategy and reduce its carbon footprint. The company also became the first Russian steel producer to join ResponsibleSteel and was recognized as a Steel Sustainability Champion by the World Steel Association.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Workplace Fatalities