Gazprom energoholding Group (Mosenergo, TGC-1, OGK-2, and MOEK)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2014-2015🗂️ Report periods on file: 2014-2015, 2012-2013

In its 2014-2015 reporting, Gazprom energoholding Group (Mosenergo, TGC-1, OGK-2, and MOEK) disclosed greenhouse gas emissions of 39.1M tCO2e (2015). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
39.1M tCO2e (2015)
2014-2015
♻️
Waste
3.0M tons (2015)
2014-2015

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2014-201539.1M tCO2e (2015)
2012-201341.5M tonnes CO2 equivalent (2013)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Strengthen the balance sheet of the Group’s companies by increasing the profitability of operations, streamlining costs and improving production efficiency
  • Continue efforts to centralise the entire generation fleet within Mosenergo, while concentrating all heat distribution networks and distribution functions within MOEK
  • Significantly reduce the debts of our companies and increase the amount of funds paid out as dividends

📅 Medium-term

  • Increase the profitability and optimise the structure of our business by capturing attractive opportunities for disposal of non-core assets, M&A activity, and penetration of foreign markets

🌱 ESG Focus Areas

Economic SustainabilityEnvironmental SustainabilityLabour SustainabilitySocial Sustainability

⚠️ Challenges & Risks +

  • Challenging macroeconomic conditions in 2014–2015 and the resulting decline in the demand for electricity and heat
  • Higher costs of servicing foreign currency debt and restricted access to external financing
  • Sanctions introduced by some countries against Russia’s industrial majors

📋 Report Information

Reporting Period: 2014-2015
Frameworks: GRI 4.0, Electric Utility Sector Supplement
Assurance: GRI’s “Materiality Disclosures Service” experts