<p>Russian seel maker Severstal has developed a Climate Memorandum “Together for a Low Carbon Future” in support of global efforts to prevent further climate change. In this regard, Severstal comes up with a proposal to the business community on cooperation within the framework of the Climate Memorandum. The first partners to join the initiative to join forces for a sustainable low-carbon future were Schneider Electric and Air Liquide.</p><p>The memorandum contains five guiding principles and recommendations for their implementation:</p><p>Introduce the climate agenda into corporate governance practice;</p><p>Estimate greenhouse gas emissions and set targets to reduce them;</p><p>Manage climate risks and adapt to climate change;</p><p>Support the development and deployment of low-carbon technologies;</p><p>Build Climate Responsible Stakeholder Engagement.</p><p>Severstal is one of the first steel producers in the Russian Federation to calculate Scope 3 greenhouse gas emissions. The company also works closely with companies that are contributing to reducing emissions in the Severstal supply chain to help them reduce their carbon footprint. Severstal pays great attention to this problem, and not only makes great efforts to minimize its carbon footprint, but also tries to involve its partners in joint initiatives in this area.</p>
<p>Russian seel maker Severstal has developed a Climate Memorandum “Together for a Low Carbon Future” in support of global efforts to prevent further climate change. In this regard, Severstal comes up with a proposal to the business community on cooperation within the framework of the Climate Memorandum. The first partners to join the initiative to join forces for a sustainable low-carbon future were Schneider Electric and Air Liquide.</p><p>The memorandum contains five guiding principles and recommendations for their implementation:</p><p>Introduce the climate agenda into corporate governance practice;</p><p>Estimate greenhouse gas emissions and set targets to reduce them;</p><p>Manage climate risks and adapt to climate change;</p><p>Support the development and deployment of low-carbon technologies;</p><p>Build Climate Responsible Stakeholder Engagement.</p><p>Severstal is one of the first steel producers in the Russian Federation to calculate Scope 3 greenhouse gas emissions. The company also works closely with companies that are contributing to reducing emissions in the Severstal supply chain to help them reduce their carbon footprint. Severstal pays great attention to this problem, and not only makes great efforts to minimize its carbon footprint, but also tries to involve its partners in joint initiatives in this area.</p>
