Polymetal Sustainability Profile
Polymetal International plc, commonly referred to as Polymetal, is a leading precious metals mining company headquartered in Kazakhstan (KZ). Established in 1998, Polymetal has grown to become a prominent player in the mining industry, with significant operations in Russia and Kazakhstan. The company primarily focuses on the extraction and production of gold and silver, leveraging advanced technologies and sustainable practices to enhance its operational efficiency. With a diverse portfolio of assets, Polymetal is recognised for its high-quality ore deposits and innovative processing techniques. The company has achieved notable milestones, including its listing on the London Stock Exchange, which underscores its strong market position. Polymetal's commitment to responsible mining and community engagement further distinguishes it within the sector, making it a key contributor to the regional economy.
DitchCarbon Score
How does 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.
Industry Average
Mean score of companies in the Salt and Mineral Mining 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
Polymetal's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Polymetal's reported carbon emissions
In 2024, Polymetal reported total carbon emissions of approximately 1,695,526,000 kg CO2e for Scope 1 and 2 combined, alongside a significant Scope 3 emission total of about 56,402,411,000 kg CO2e. In 2023, the company’s global emissions were slightly higher, with Scope 1 and 2 emissions at approximately 1,804,578,000 kg CO2e and Scope 3 emissions at about 59,402,936,000 kg CO2e. Polymetal's emissions data for Kazakhstan in 2023 indicates a GHG intensity of approximately 0.0272 kg CO2e per ounce of gold equivalent produced, with total GHG emissions (Scope 1 and 2) reported at about 244,000,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. Overall, Polymetal's climate commitments remain vague, with no specific reduction targets or climate pledges documented. The company operates within the mining sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of transparent and ambitious climate strategies.
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| 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 268,093,000 | 000,000,000 | 000,000,000 | - | - | - | - | - |
| Scope 2 | 460,375,000 | 000,000,000 | 000,000,000 | - | - | - | - | - |
| Scope 3 | - | - | 000,000,000 | - | - | - | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Polymetal's Industry?
How Carbon Intensive is Polymetal's Location?
Polymetal'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.
Polymetal 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.
