Joint Stock Company Polymetal, commonly referred to as Polymetal, is a leading precious metals mining company headquartered in Russia. Established in 1998, the company has grown to become a significant player in the mining industry, with major operational regions spanning Russia and Kazakhstan. Polymetal primarily focuses on the extraction and production of gold and silver, offering a diverse portfolio of high-quality mining assets. The company is renowned for its commitment to sustainable practices and operational excellence, which have positioned it favourably in the competitive market. With a strong emphasis on innovation and efficiency, Polymetal has achieved notable milestones, including its listing on the London Stock Exchange. Its strategic approach and robust market presence underscore its reputation as a key contributor to the global precious metals sector.
How does Joint Stock Company Polymetal's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Precious Metal Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Joint Stock Company Polymetal's score of 13 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Joint Stock Company Polymetal reported total carbon emissions of approximately 283,415,000 kg CO2e for Scope 1 and 565,924,000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions reached about 625,265,000 kg CO2e, which included significant contributions from purchased goods and services (approximately 222,498,000 kg CO2e) and upstream transportation and distribution (around 146,358,000 kg CO2e). In 2019, Polymetal's emissions were slightly higher, with Scope 1 at about 286,799,000 kg CO2e, Scope 2 at approximately 584,706,000 kg CO2e, and Scope 3 emissions totalling around 610,635,000 kg CO2e. The company has disclosed emissions data for Scopes 1, 2, and 3, indicating a comprehensive approach to tracking their carbon footprint. Despite these figures, there are currently no specific reduction targets or climate pledges documented for Polymetal. The absence of defined reduction initiatives suggests a need for further commitment to climate action within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | |
---|---|---|---|
Scope 1 | 480,656,000 | 000,000,000 | 000,000,000 |
Scope 2 | 570,900,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Joint Stock Company Polymetal is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.