In view of the severity of the consequences of climate change, responding appropriately to this issue is a priority strategic area for global industrial society. Since EVRAZ production facilities require significant amounts of energy, managing the GHG emissions of our operations is of paramount importance.
In order to reduce impacts on the climate and to lessen related risks, the Group supports global programmes to reduce greenhouse gas emissions. In accordance with the Companies Act 2006, (Strategic Report and Directors’ Report — Regulations 2013), EVRAZ conducts full assessments of GHG emissions at all enterprises, and has participated in the Climate Change Adaptation Programme since 2011. Focusing on energy efficiency is a vital strategic area for EVRAZ, which will help reduce GHG emissions from the Group’s operations.
EVRAZ adheres to the requirements of the 2006 IPCC Guidelines for National Greenhouse Gas Inventories (IPCC 2006) and the WRI/WBCSD GHG Protocol Corporate Accounting and Reporting Standard, and applies the following approach to GHG emissions accounting:
- Evaluating direct emissions of all seven GHGs stated in the Kyoto Protocol (Scope 1)
- Assessing indirect emissions linked to the purchased electricity and heat (Scope 2)
In 2019, we initiated the process of climate change risks assessment as a preparatory step for our future Climate Change strategy.
See more in the Climate change section of Sustainability Report 2019