Nornickel’s Key Focus Areas of Carbon Neutrality

IFRS S2 14a (v)

Alongside the updated Environmental and Climate Change Strategy, in 2024, the Company’s Board of Directors also approved Nornickel’s Key Focus Areas of Carbon Neutrality. This document sets out the priority areas for reducing the Nornickel Group’s gross GHG emissions and lowering the carbon footprint of its products.

Key focus areas

Promotion of low‑carbon energy sources

Implementation of climate projects

Use of energy‑efficient technologies and equipment

Use of artificial intelligence

Conversion of vehicles to alternative fuels

Gangue mineralisation in tailings storage facilities

The approved focus areas of Nornickel’s carbon neutrality pathway enable the Company to initiate the development and selection of the highest‑impact projects within each area. In 2024, the Company started to develop and implement projects across the following focus areas:

  • Promotion of low‑carbon energy sources (implementation of a renewable‑energy project in the Trans‑Baikal Territory)
  • Exploring the potential for the conversion of pit machinery to alternative fuels
  • Studies on direct absorption of greenhouse gases by gangue in tailings storage facilities
  • Implementation of climate projects
  • Use of energy‑efficient technologies and equipment