Severstal 2024 IR
The report highlights Severstal's updated development strategy 2028, which integrates environmental and social responsibility with business objectives. In 2024, the company increased its capital investments by 63% to RUB 118.5 billion, focusing on the construction of an iron ore pellet production complex at Cherepovets Steel Mill to reduce environmental impact. Severstal achieved its 2026 Clean Air project targets early, reducing gross pollutant emissions by 30.7% against the 2017 baseline. Additionally, the company launched its 'Conserve Biodiversity - Preserve Life Strategy 2036' and expanded its employee well-being programme, while achieving an LTIFR of 0.44.
Company: Severstal
Sector: Manufacturing
Country: Russia
Year: 2024
Type: IR
Pages: 144
Severstal
The report highlights Severstal's updated development strategy 2028, which integrates environmental and social responsibility with business objectives. In 2024, the company increased its capital investments by 63% to RUB 118.5 billion, focusing on the construction of an iron ore pellet production complex at Cherepovets Steel Mill to reduce environmental impact. Severstal achieved its 2026 Clean Air project targets early, reducing gross pollutant emissions by 30.7% against the 2017 baseline. Additionally, the company launched its 'Conserve Biodiversity - Preserve Life Strategy 2036' and expanded its employee well-being programme, while achieving an LTIFR of 0.44.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
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:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees