In accordance with MMK CEO Pavel Shilyaev’s directive “On the
approval of the Energy Saving and Energy Efficiency Programme for
2021”, 56 measures aimed at saving electricity, fuel, drinking and
service water, heat and air separation products were planned for Q2
2021. 96% of the planned measures for this period were implemented.
The economic benefits brought by measures to
reduce consumption of energy resources at MMK Group amounted to over
RUB 44.2 million per year. In particular, Q2 2021, energy consumption
was reduced by 1.89 million kWh in annual terms, resulting in an
economic saving of more than RUB 7 million. The main points of action
in this area included, among others, replacing incandescent light
bulbs with LED lamps, modernising lighting systems, decommissioning
and replacing energy-intensive equipment and so on. In addition, the
energy saving programme made it possible to save 9.5 thousand tonnes
of fuel (worth the equivalent of almost RUB 34.5 million), about
1,665 Gcal of heat energy, 161 thousand cubic metres of compressed
air and air separation products, and 810 cubic metres of drinking
water. The volume of service water saved amounted to 1,639.5 thousand
The environmental dimension of MMK's energy saving
activities is equally as important as the economic gain, which is in
line with the Company's strategic focus on compliance with the goals
and principles of sustainable development (ESG).
"This area of work becomes even more relevant
in light of new international environmental requirements and the
expected introduction of the so-called 'carbon tax' in our strategic
markets. Therefore. the Group's updated strategy envisages a
reduction in specific CO2 emissions per tonne of steel to average
global levels, or even lower, by 2025. We also aim to radically
reduce our emissions of nitrogen oxides, sulphur dioxide and dust.
These goals are expected to be achieved through improved energy
efficiency and further modernisation of production facilities. In
2020, MMK was awarded the international Energy Management Insight
Awards for energy saving and energy efficiency of production in
accordance with the ISO 50001 international standard, which
demonstrates the Company's commitment to ESG principles and energy
policy efficiency," said MMK CEO Pavel Shilyaev.
Overall, the implementation of energy saving
projects (including fast-payback, low-cost initiatives and energy
service contracts) at MMK Group brought an economic effect of RUB 534
million in the first half of 2021.