Geography
i
Russia
Sector
Market cap (Group)
i
large
ISIN
i
RU0009046452
US67011E2046
SEDOL
i
B59FPC7, B0RTNX3
CA100+ engagement
i
No

Management Quality: Novolipetsk Steel (Not active)

Assessment Date:
15 April 2022
chevron

Assessment of Novolipetsk Steel (Not active) according to the management of its greenhouse gas emissions and of risks and opportunities related to the low-carbon transition.

Assessment Date:
15 April 2022
chevron

Current level

3

Integrating into Operational Decision Making

0
1
2
3
4
Nr of assessments: 6
Number of assessments: 6
Created with Highcharts 7.2.2Level201720182019202020212022
01234

Level 0: Unaware of Climate Change as a Business Issue

1. Does the company acknowledge climate change as a significant issue for the business?

Level 1: Acknowledging Climate Change as a Business Issue

2. Does the company recognise climate change as a relevant risk and/or opportunity for the business?

3. Does the company have a policy (or equivalent) commitment to action on climate change?

Level 2: Building Capacity

4. Has the company set greenhouse gas emission reduction targets?

5. Has the company published information on its Scope 1 and 2 greenhouse gas emissions?

Level 3: Integrating into Operational Decision Making

6. Has the company nominated a board member or board committee with explicit responsibility for oversight of the climate change policy?

7. Has the company set quantitative targets for reducing its greenhouse gas emissions?

8. Does the company report on Scope 3 emissions?

9. Has the company had its operational (Scope 1 and/or 2) greenhouse gas emissions data verified?

10. Does the company support domestic and international efforts to mitigate climate change?

11. Does the company have a process to manage climate-related risks?

12. Does the company disclose Scope 3 use of product emissions?

Level 4: Strategic Assessment

13. Does the company disclose its membership and involvement in organisations or coalitions dedicated specifically to climate issues?

14. Has the company set long-term quantitative targets for reducing its greenhouse gas emissions?

15. Does the company's remuneration for senior executives incorporate climate change performance?

16. Does the company incorporate climate change risks and opportunities in their strategy?

17. Does the company undertake climate scenario planning?

18. Does the company disclose an internal price of carbon?

19. Does the company ensure consistency between its climate change policy and the positions taken by trade associations of which it is a member?

Carbon Performance Novolipetsk Steel (Not active)

Carbon Performance alignment of companies in the Novolipetsk Steel (Not active) sector with the Paris agreement benchmarks.

Assessment Date:
23 December 2020
chevron
Novolipetsk Steel
Steel sector mean
ReportedTargeted
Created with Highcharts 7.2.2Carbon intensity (tonnes of CO2 per tonne of steel)Paris Pledges2 DegreesBelow 2 Degrees20152020202520302035204020452050205500.250.50.7511.251.51.7522.25
TPI notes:

TPI has not made any further assumptions in order to project this company’s Carbon Performance.

Latest information available on Novolipetsk Steel (Not active)

Please note that following the Russian invasion of Ukraine the Board of TPI agreed to suspend ongoing assessments of Russian companies. As a result of this decision this assessment will not be updated at this time. TPI will keep this decision under review.