Public Profile

Joint Stock Company Polymetal

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.

8

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.

1

Industry Benchmark

Joint Stock Company Polymetal's score of 8 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

Joint Stock Company Polymetal's reported carbon emissions

In 2020, Joint Stock Company Polymetal reported total carbon emissions of approximately 1,474,600,000 kg CO2e, comprising 283,415,000 kg CO2e from Scope 1, 565,924,000 kg CO2e from Scope 2, and 625,265,000 kg CO2e from Scope 3 emissions. This marked a slight decrease in Scope 1 emissions from 286,799,000 kg CO2e in 2019, while Scope 2 emissions also saw a reduction from 584,706,000 kg CO2e. However, Scope 3 emissions increased from 610,635,000 kg CO2e in 2019. Polymetal has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions intensity for GHG emissions was reported at approximately 76,300 kg CO2e per kiloton of ore processed in 2020, indicating a focus on monitoring their environmental impact. Overall, while Polymetal has made some progress in reducing its direct emissions, the lack of formal reduction targets suggests a need for enhanced climate commitments moving forward.

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201820192020
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

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 high 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. Joint Stock Company Polymetal is headquartered in RU, which has a rank of medium, indicating medium grid carbon intensity.

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 committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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