Climate change

The current and future effects of the global average temperature increase may have an adverse impact on all areas of human life, including business.

Joining efforts at the international level and participation of corporate players is necessary to combat climate change and achieve the goals of the Paris Agreement to limit the global average temperature rise to well below 2°C above pre-industrial levels.

Uralchem supports this initiative and improves production processes to reduce greenhouse gas (GHG) emissions. The Company also addresses other climate change trends including the EU initiative to introduce carbon border adjustment mechanism.

The Company is currently developing a climate strategy, which would also provide for identification, assessment and management of climate risks. Uralchem plans to analyse in detail the scenarios of climate change and their impact on the Company and to set targets to reduce climate effects of its operations.

In 2021, GHG emissions (Scope 1+2) accounted to 8.2 million tonnes of CO2equiv. GHG emissions intensity (Scope 1 + Scope 2) remained almost unchanged y/y and accounted for 1.26 tonne CO2e/t of product.

 

GHG emissions, tonnes of CO2 equivalent 

2019

2020

2021

Scope 1

7,636,097

7,476,581

7,777,615

Scope 2

400,633

401,625

411,339

Total (Scope 1+2)

8 ,036,731

7,878,207

8,188,954

Scope 3

2,594,511

2,375,658

2,278,982