In 2020, total emissions of the Russian assets of Nornickel amounted to 1,968.1 kt, up 0.7% year-on-year, according to the company's 2020 Sustainability Report.
The growth resulted from a temporary increase in sulfur dioxide emissions at Polar Division as a result of more intensive production and processing of sulfur containing feedstock.
Nornickel launched its Sulfur Programme 2.0 that envisages gradual reduction of sulfur dioxide emissions in the main areas of operation, at Norilsk and Kola divisions.
By 2025, Nornickel is ambitious to reduce absolute sulfur dioxide emissions by 85% at Kola Division and by 90% at its Polar division. The company expects to spend $3.6 billion on reducing air emissions.
PJSC MMC Norilsk Nickel (tax number: 8401005730) is Russia's largest diversified mining and metallurgical company, the world's leading producer of nickel and palladium and one of major platinum, rhodium, copper and cobalt producer. Besides, the company produces a wide range of by-products including gold, silver, tellurium, selenium, iridium and ruthenium. The mining and processing assets of the MMC Norilsk Nickel group are located in the Norilsk industrial area, the Kola Peninsula as well as Finland, USA, Australia, Botswana, and RSA.
IFRS net profit of MMC Norilsk Nickel for 2020 decreased by 39% to $3.63 billion. Consolidated revenue increased 15% to $15.55 billion, EBITDA decreased by 3% to $7.65 billion.