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 78% 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 2022, Polymetal reported a Scope 1 and 2 emissions intensity of approximately 19,753.44 kg CO2e per ounce of gold equivalent. This figure reflects the company's ongoing efforts to monitor and manage its greenhouse gas emissions. In 2021, the emissions intensity was higher at about 23,986.32 kg CO2e per ounce, indicating a positive trend towards reducing emissions. For the year 2020, Polymetal's total emissions included approximately 612,670,000 kg CO2e from Scope 1, primarily from mobile and stationary combustion, and about 565,924,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions were reported at approximately 625,265,000 kg CO2e, encompassing various categories such as purchased goods and services, employee commute, and upstream transportation. Despite these figures, Polymetal has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction commitments suggests that while the company is tracking its emissions, it may need to establish clearer goals to align with industry standards for climate action.
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| 2017 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 280,851,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 490,468,000 | - | 00,000,000 |
| Scope 3 | - | - | 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.
