Impact and dependencies assessment
The company does not disclose any assessment of its impacts on nature, including biodiversity, within its own operations or its supply chain. The company does not disclose any assessment of its dependencies on nature within its own operations or the locations of its upstream business relationships.
Key areas and species
While Severstal discloses the locations that are in or adjacent to areas important for biodiversity within its own operations, it does not disclose such locations for its suppliers. The company discloses some information on species but no further evidence that the company discloses species existing in or adjacent to its own locations could be found in the public domain. The company has an opportunity to disclose species populations existing in or adjacent to the locations of its suppliers. The company also does not disclose the status according to national and international conservation lists of species identified in its own locations.
Ecosystem conversion and restoration
Severstal does not disclose a commitment to ensure zero conversion nor does it disclose a commitment to minimise ecosystem conversion. The company does not disclose activities to minimise ecosystem conversion. The company is committed to restoring ecosystems. While the company discloses the are of reclaimed land, no further evidence that the company discloses details and outcomes of ecosystem restoration projects in areas affected by its own operations or upstream business relationships could be found in the public domain.
Resource exploitation and circularity
While the company states it reports it input in its Annual Report, this document was not accessible. The company does not report quantitatively on its group-wide circularity performance. Severstal does not disclose activities to improve soil health nor does it disclose a target to improve soil health in its production or sourcing practices.
Water
No evidence that the company reduces water withdrawal across the company’s own operations was found. Severstal has a strong opportunity to disclose a time-bound target to reduce water withdrawal across its own operations. While the company reports how much water is withdrawn for its own operations in water-stressed areas, it does not engage with suppliers to reduce water withdrawal. While the company discloses water management guidance, this does not translate into disclosing its processes for managing and monitoring discharge water quality. Severstal does not regularly report on water pollution nor does it disclose a commitment to respect the right to water. The company does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.
Solid and air pollution
No evidence that the company is reducing the production of hazardous waste as well as plastic use and waste in its own operations was found.
GHG emissions
No evidence that Severstal reduces its scope 1 and 2 greenhouse gas emissions was found. The company has a time-bound target to reduce its scope 1 and 2 emissions but does not report progress against its scope 1 and 2 emissions target. No evidence that the company’s scope 1 and 2 emissions target is aligned with a 1.5-degree trajectory was found. The company has a time-bound target to reduce its scope 3 emissions but it does not report progress against its scope 3 emissions target. The company has a strong opportunity to set GHG target aligned with a 1.5-degree trajectory.
Invasive species
No evidence was found that the company identifies the activities that could lead to the introduction of IAS in its own operations or its value chain.