Polyus

Polyus, a mining and quarrying company headquartered in RU, is committed to reducing its carbon footprint. In 2023, the company reported total emissions of approximately 1,441,100,000 kg CO2e. This comprised Scope 1 emissions of 1,327,000,000 kg CO2e and Scope 2 emissions of 79,000,000 kg CO2e. Scope 3 emissions were also reported at 227,000,000 kg CO2e.

In 2022, Polyus reported Scope 1 emissions of approximately 1,510,000,000 kg CO2e and Scope 2 emissions of approximately 510,000,000 kg CO2e. Scope 3 data was not disclosed for this year.

Historically, Polyus has set emission reduction targets. A target was set to achieve a 15% reduction in greenhouse gas emissions by 2020, compared to 2015 levels, for both Scope 1 and Scope 2 emissions.

Further, studies in the gold sector, which Polyus is part of, indicate a need for significant emission reductions to align with climate scenarios. These studies suggest an 80% reduction by 2050 for a 'well-below' 2°C scenario, or a 92% reduction by or shortly after 2040 for a 1.5°C scenario.