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Precious Metal Production
RU
updated 23 days ago

Joint Stock Company Polymetal

Company website

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.

DitchCarbon Score

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.

26

Industry Average

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.

15

Industry Benchmark

Joint Stock Company Polymetal's score of 26 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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Joint Stock Company Polymetal's reported carbon emissions

In 2023, Joint Stock Company Polymetal reported total greenhouse gas (GHG) emissions of approximately 1,087,000,000 kg CO2e, comprising 724,000,000 kg CO2e from Scope 1 and 363,000,000 kg CO2e from Scope 2 emissions. This represents a 4% reduction in Scope 1 emissions compared to 2022, attributed to the implementation of energy efficiency measures. The company has set a target to decrease GHG intensity by 5% by 2023, using 2018 as the base year, for both Scope 1 and Scope 2 emissions. Polymetal is committed to developing a strategy for potential carbon neutrality by 2050, focusing on both Scope 1 and Scope 2 emissions. The GHG intensity of their Scope 1 and Scope 2 emissions was reported at approximately 0.022 kg CO2e per oz of gold equivalent in 2023. The emissions data is cascaded from the parent company, with specific performance metrics sourced from Joint Stock Company Polymetal. The company continues to align its climate commitments with industry standards, aiming for significant reductions in its carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
751,000,000
000,000,000
Scope 2
331,000,000
000,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Joint Stock Company Polymetal's primary industry is Precious metals, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Joint Stock Company Polymetal is in RU, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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