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.

Uralchem is implementing a new type of an afforestation project, within which over 15,000 oak, hazel and ash seedlings were planted on three plots with a total area of 7 hectares. The uniqueness of the project lies in its integrated approach to process planted wood, calculate how much carbon is captured in finished wood products, and evaluate the use of wood as a substitute material in construction and waste management.



In 2022, greenhouse gas emissions (Scope 1 and 2) were 8,527 thousand tonnes of CO2 -eq, which is 6.5% lower than in 2021.

Greenhouse gas emission intensity was also reduced by 2.6% (to 1.37 tonnes of CO2 -eq per tonne of production).

 

GHG emissions, tonnes of CO2 equivalent 

2020

2021

2022

Scope 1

8,391,119

8,704,455

8,104,019

Scope 2

401,625

411,339

422,773

Total (Scope 1+2)

8,792,745

9,115,794

8,526,793

Scope 3

13,381,549

14,199,899

13,610,576