Climate Change Data

PhosAgro

Climate Impact & Sustainability Data (2019, 2020)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Sustainable Development

Environmental Achievements

  • 14% reduction in GHG emissions targeted by 2028 compared to 2018 baseline across all scopes.
  • Increased volume of electrical energy generated by utilizing production waste heat in sulphuric acid production facilities in Cherepovets and Balakovo.
  • Commissioned a solar power plant in Balakovo, substituting purchased electrical energy and reducing Scope 2 GHG emissions.
  • Launched an international project (RESOLAN) to promote sustainable soil management among farmers in Africa, Latin America, and the Middle East.

Social Achievements

  • Improved CDP rating from C to B-, reflecting success in combating climate change.
  • Sustainalytics improved the Company’s GHG emissions rating from 12.5 in 2019 to 49.9 in 2020.
  • MSCI ESG Research rating raised to BBB.

Governance Achievements

  • Established a Board of Directors committee solely devoted to sustainable development.
  • Developed a comprehensive Climate Strategy incorporating risk analysis, science-based targets, and a low-carbon transition plan.
  • Added SDG 13: Climate Action to the list of PhosAgro’s priority goals.
  • Expanded the functions of the Environmental, Health and Safety Committee to include GHG emissions target-setting and climate change action monitoring.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (implied, not explicitly stated)
Medium-term Goals:
  • 14% reduction in total GHG emissions by 2028 (Scopes 1, 2, and 3).
Short-term Goals:
  • Include climate metrics in employee incentive schemes (2021–2022).
  • Introduce HR actions to support the implementation of PhosAgro’s Climate Strategy (2021–2022).
  • Integrate climate change factors into existing regulations (2020–2021).
  • Establish a task group on GHG emission reduction (2021).

Environmental Challenges

  • Disruptions in production processes and logistics due to acute climatic effects.
  • Supply chain flaws due to climate change impacts on infrastructure and communications.
  • Non-compliance with regulations reducing negative environmental footprint (e.g., carbon border adjustment mechanism).
  • Deterioration of sustainability reputation.
  • Increased costs and losses, shrinking revenues due to climate change impacts.
Mitigation Strategies
  • Emphasis on resilience of production and infrastructure facilities.
  • Monitoring changes in legislation and analyzing trends for informed decisions.
  • Development of an automated system to collect and process climate data (2022).
  • System to monitor and respond to changes in climate regulations (2022).
  • Improved regular climate reporting under Russian and international standards (2020–2022).
  • Integrating climate agenda into HR policies.
  • Climate trainings for employees.
  • Including climate criteria in employee remuneration system (2021–2022).
  • Contributing to discussions on climate regulation.
  • R&D to improve product efficiency and environmental performance.
  • Streamlining climate-oriented research.
  • Developing climate-related criteria for vendor selection and assessment.
  • Improving supply chain reliability.
  • Contract with TGC-1 to purchase electricity generated by hydroelectric power plants.
  • Technological measures to reduce GHG and nitrous oxide emissions.
  • Establishing a task force on GHG emission reduction.
  • Feasibility studies for climate-resistant products.
  • R&D related to low-carbon energy and production.
  • Strategy and action plan to enhance reputation.
  • Collaboration with international institutions and climate initiatives.

Supply Chain Management

Responsible Procurement
  • ESG rating system to evaluate supplier activities
  • Code of Conduct for Counterparties
  • Collection of suppliers’ GHG emission data

Climate-Related Risks & Opportunities

Physical Risks
  • Disruptions in production processes and logistics due to acute climatic effects.
  • Flaws in supply chains due to climate change impacts on infrastructure and communications.
  • Damage to infrastructure due to various physical climate factors (increased solar radiation, rising temperatures, changes in precipitation, floods, rising sea levels).
Transition Risks
  • Non-compliance with regulations reducing negative environmental footprint (e.g., carbon border adjustment mechanism).
  • Deterioration of sustainability reputation.
  • Increased costs and losses, shrinking revenues due to climate change impacts.
Opportunities
  • Improved logistics driven by new export opportunities.
  • Access to new financial products (green bonds).
  • Development of low-carbon products and services.

Reporting Standards

Frameworks Used: TCFD, CDP, GRI Standards

Certifications: ISO 14001, ISO 45001

UN Sustainable Development Goals

  • SDG 13: Climate Action

Sustainable Products & Innovation

  • Urea with urease inhibitors
  • Specialized impregnating additives
  • Low-carbon NPK/NP/NS fertilizers