Severstal will allocate more than 100 billion rubles for decarbonization measures by 2030

"The short-term goal is minus 3% (of greenhouse gas emissions relative to the baseline level of 2020 - IF), the medium-term goal is minus 10% and the long-term goal is minus 40-60%. I would like to point out that for us this is really not just a declaration, as often many companies come forward. For these purposes, the company has adopted a package of investment projects, and today the total volume of investments is estimated at more than 100 billion rubles for the period until 2030,” he said.

“The total effect of reducing greenhouse gas emissions from these activities will be more than 3 million tons of CO2 per year,” he emphasized.