Petropavlovsk PLC Sustainability Profile
Petropavlovsk PLC, a prominent player in the mining industry, is headquartered in Great Britain and primarily operates in the Russian Far East. Founded in 1994, the company has established itself as a leading gold producer, focusing on exploration, mining, and processing of gold and other precious metals. With significant operations in the Amur region, Petropavlovsk is known for its innovative approach to mining, utilising advanced technologies to enhance efficiency and sustainability. The company’s core offerings include gold production and exploration services, which are distinguished by their commitment to responsible mining practices. Recognised for its strong market position, Petropavlovsk has achieved notable milestones, including substantial increases in gold output and successful project developments, solidifying its reputation as a key contributor to the global gold market.
DitchCarbon Score
How does Petropavlovsk PLC'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.
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.
Industry Benchmark
Petropavlovsk PLC's score of 19 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petropavlovsk PLC's reported carbon emissions
In 2020, Petropavlovsk PLC reported total carbon emissions of approximately 454,154,000 kg CO2e, with Scope 1 emissions at about 186,162,000 kg CO2e and Scope 2 emissions at around 267,992,000 kg CO2e. This data reflects the company's operational footprint in Great Britain. Comparatively, in 2019, the company recorded total emissions of about 454,881,000 kg CO2e, with Scope 1 emissions of approximately 206,379,000 kg CO2e and Scope 2 emissions of around 248,502,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Petropavlovsk PLC has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Furthermore, the company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, while Petropavlovsk PLC has made strides in reporting its emissions, the absence of reduction targets and Scope 3 data suggests that there is room for improvement in its climate commitments and transparency.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 206,379,000 | 000,000,000 |
| Scope 2 | 248,502,000 | 000,000,000 |
| Scope 3 | 454,881,000 | - |
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Petropavlovsk PLC's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Employee Commuting" representing nearly all of their reported Scope 3 footprint.
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Petropavlovsk PLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Petropavlovsk PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
