Greenhouse emissions

The Company assessed its GHG emissions in accordance with the existing national methodology. The assessment reflected the climatic conditions of operations, facilities upgrade and reconfiguration timelines. Direct GHG emissions total ca. 10 mtpa According to the GHG Emission Calculation Guidelines approved by Order No.Russian Ministry of Natural Resources dated 30 June 2015., including some 6.40 mtpa from fuel and energy assets, 3.45 mtpa from smelting operations, and up to 0.15 mtpa from transport and logistics. Next year, Nornickel intends to use the international methodology of GHG emission assessment for comparison purposes.

At the moment, Russian legislators are working to introduce statutory requirements for corporate GHG reporting.

The Company is monitoring all legislative developments on this front to ensure compliance with the regulations.