Severstal publishes Position Paper on Climate Change

04 February 2021 

Severstal’s Board of Directors held on 3 February 2021 approved the Company’s Position paper on Climate Change. The document is signed by CEO of Severstal Alexander Shevelev.

PAO Severstal is a vertically integrated steel and steel-related mining company with its major assets in Russia.

Severstal is committed to the sustainable development of the Russian economy and Russia’s climate change policy, Severstal has set a goal of reducing GHG intensity per tonne of steel by 3% by 2023 compared with the 2020 base year. The total reduction will be about one million tonnes CO2-e.

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