Polymetal
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 12 is lower than 86% 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 2021, Polymetal, headquartered in Kazakhstan (KZ), reported total carbon emissions of approximately 1,135,337,000 kg CO2e, which includes 682,645,000 kg CO2e from Scope 1 and 452,692,000 kg CO2e from Scope 2 emissions. The company also recorded Scope 3 emissions of about 546,159,000 kg CO2e, with significant contributions from purchased goods and services (171,284,000 kg CO2e) and fuel and energy-related activities (184,767,000 kg CO2e). Comparatively, in 2020, Polymetal's total emissions were around 1,178,593,000 kg CO2e, with Scope 1 emissions at 612,669,000 kg CO2e and Scope 2 emissions at 565,924,000 kg CO2e. The Scope 3 emissions for that year were approximately 625,265,000 kg CO2e. Despite these figures, Polymetal has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi (Science Based Targets initiative) commitments. The company has not cascaded emissions data from any parent organisation, maintaining its own reporting standards. Overall, Polymetal's emissions data reflects a significant carbon footprint, with ongoing opportunities for improvement in emissions management and climate commitments.
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| 2016 | 2017 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 268,093,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 460,375,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
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.
