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 9 is lower than 92% 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 2023, Polymetal reported total carbon emissions of approximately 1,276,878,000 kg CO2e in the UK, comprising 1,276,348,000 kg CO2e from Scope 1 and 530,000 kg CO2e from Scope 2 emissions. This marks a notable increase from 2022, when total emissions were about 1,300,602,000 kg CO2e, with Scope 1 emissions at 1,204,649,000 kg CO2e and Scope 2 at 95,953,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2023. Polymetal's emissions intensity for the iron and steel category was reported at approximately 1,690 kg CO2e per tonne in 2023, reflecting the company's ongoing operations in this sector. However, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for future commitment. The emissions data is not cascaded from any parent organization, and all figures are derived directly from Polymetal's disclosures. The company continues to operate within the context of the mining and metals industry, which is under increasing scrutiny for its environmental impact.
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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.
