Polyus, officially known as Polyus Gold International Limited, is a leading player in the chemical and fertilizer minerals sector, with its headquarters located in Russia. Founded in 1994, the company has established itself as a prominent force in the mining and quarrying industry, particularly in the extraction of salt and other mineral products.
With major operations across Russia, Polyus focuses on producing high-quality chemical and fertilizer minerals, leveraging advanced technologies to ensure efficiency and sustainability. The company is renowned for its unique offerings, including a diverse range of mineral products that cater to various industrial applications.
Polyus has achieved significant milestones, positioning itself as one of the largest gold producers globally. Its commitment to innovation and environmental responsibility has earned it a reputable standing in the market, making it a key player in the mining sector.
+3 vs industry average
Polyus’s score of 21 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Polyus's reported carbon emissions
Polyus, a mining company headquartered in RU, reported its total carbon emissions for 2023 as approximately 1.42 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2023, Polyus's Scope 1 emissions were approximately 1.33 billion kg CO2e, with stationary combustion accounting for about 373 million kg CO2e and mobile combustion around 862 million kg CO2e. Scope 2 emissions for the same year totalled approximately 79 million kg CO2e, primarily from purchased electricity (about 72 million kg CO2e). Scope 3 emissions were reported at approximately 1.34 billion kg CO2e, with purchased goods and services being the largest contributor at about 1.02 billion kg CO2e, followed by fuel and energy-related activities at approximately 227 million kg CO2e. Looking at historical data, Polyus reported Scope 1 and 2 emissions of approximately 2.02 billion kg CO2e in 2022 and 1.84 billion kg CO2e in 2021. In 2022, Scope 1 emissions were around 1.51 billion kg CO2e and Scope 2 emissions were about 510 million kg CO2e. Polyus has set reduction targets. Notably, it aimed for a 15% reduction in greenhouse gas emissions by 2020, compared to 2015 levels. Industry-wide analyses suggest that to align with a 1.5°C scenario, gold sector emissions may need to be reduced by 92% by or shortly after 2040, or by 80% by 2050 to align with a ‘well-below’ 2°C scenario.
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Polyus’s Climate Goals (2030 & 2050)
3 goals2050
80% reduction in Scope 1
Previous studies by the WGC have indicated that gold sector emissions need to be reduced by 80% by 2050 to be aligned with the ‘well-below’…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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