On the order of GC Titan (the general supplier of wood raw materials to Arkhangelsk PPM JSC) the IIS Environmental Investment Center carried out an inventory and quantification of direct and indirect greenhouse gas (GHG) emissions related to the activities of the holding's enterprises in harvesting and wood sourcing. In total, 11 harvesting enterprises and one logistic enterprise ("Belomorskaya Boom Company") were inventoried.

The main targets of the work were to determine the sources and amount of GHG emissions as a necessary first step for the development and implementation of the climatic strategy of GC Titan and, as a result, reduce the carbon footprint of the Arkhangelsk PPM products in terms of emissions related to the harvesting and supply of wood raw materials.

The inventory and quantification of GHG emissions were carried out in accordance with the requirements of the international standard GHG Protocol (Greenhouse Gas Protocol), namely: Corporate Accounting and Reporting Standard and Corporate Value Chain (Scope 3) Accounting and Reporting Standard, taking into account the best domestic and international practice in this field. At the same time, all types of GHGs of anthropogenic origin were considered, which are the subject to mandatory accounting in accordance with the United Nations Framework Convention on Climate Change (UNFCCC): carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexafluoride (SF6) and nitrogen trifluoride (NF3).

According to the GHG Protocol, the GHG emissions related to the activities of the enterprises of GC Titan were divided into three categories: direct emissions (Scope 1); energy indirect emissions (Scope 2) and other indirect emissions (Scope 3).

In total, the direct and indirect GHG emissions (Scope 1 + 2 + 3) of the considered enterprises of GC Titan in 2019 amounted to 163,548 t CO2 equivalent.