Public Profile

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.

12

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.

22

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.

14%

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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 Scope 1 emissions of about 682,645,000 kg CO2e and Scope 2 emissions of approximately 452,692,000 kg CO2e. The company also disclosed Scope 3 emissions totalling around 546,159,000 kg CO2e, with significant contributions from purchased goods and services (about 171,284,000 kg CO2e) and fuel and energy-related activities (approximately 184,767,000 kg CO2e). Comparatively, in 2020, Polymetal's total emissions were about 1,178,593,000 kg CO2e, with Scope 1 emissions at approximately 612,669,000 kg CO2e and Scope 2 emissions around 565,924,000 kg CO2e. The Scope 3 emissions for that year were significantly higher, totalling about 625,265,000 kg CO2e. Despite these figures, Polymetal has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to monitor and report its emissions across all scopes, reflecting its engagement with climate accountability.

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20162017201920202021
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Polymetal's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Polymetal is in KZ, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

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