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EVRAZ publishes its climate change report

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EVRAZ publishes its climate change report

EVRAZ plc (“EVRAZ” or “the Company”) (LSE: EVR) has today published its Climate Change Report 2020 (“the Report”).

This Report aligns with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and aims to provide greater transparency for Company’s stakeholders on the principles guiding EVRAZ’s approach to climate change.

The report demonstrates our commitment to supporting international initiatives in response to the risks and opportunities posed by climate change and discusses Company’s first assessment of potential longer-term risks under different climate scenarios, including scenarios in line with the goals of the Paris Agreement.

Looking forward, in 2021 EVRAZ will further strengthen its actions through the publication of our new Environmental Strategy, including climate-related goals.

Alexander Frolov, CEO of EVRAZ, said: “As one of the world’s leading steel companies, we understand and recognise the growing importance of climate action. As the effects of climate change become increasingly evident globally and the policy environment evolves, large businesses must consider new questions on how to respond to emerging risks and opportunities. With this Report we outline the principles underpinning our approach to climate change and seek to provide greater insight for stakeholders on actions taken by the Company.”

The report is available on the Company’s website: https://www.evraz.com/en/sustainability/environmental-stewardship/climate-change/