Polyus Gold International Limited, commonly known as Polyus, is a leading gold producer headquartered in Russia. Established in 1994, the company has grown to become one of the largest gold mining enterprises in the world, with significant operations in the Siberian region, particularly in the Krasnoyarsk Territory.
Polyus is primarily engaged in the exploration, extraction, and production of gold, offering a range of high-quality gold products. The company is renowned for its advanced mining technologies and sustainable practices, which set it apart in the competitive mining industry. With a strong market position, Polyus has achieved notable milestones, including substantial increases in production capacity and reserves, solidifying its reputation as a key player in the global gold market.
+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
In 2023, Polyus reported total greenhouse gas emissions of approximately 2.1 billion kg CO2e, comprising 1.3 billion kg CO2e from Scope 1 and 79 million kg CO2e from Scope 2 emissions. The company also disclosed Scope 3 emissions, which totalled approximately 1.1 billion kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Polyus has set ambitious reduction targets, aiming for a 15% decrease in both Scope 1 and Scope 2 emissions by 2020, relative to 2015 levels. Additionally, the company acknowledges the need for significant reductions in the gold sector, with studies suggesting an 80% reduction in emissions by 2050 to align with the 'well-below' 2°C scenario, or a 92% reduction by 2040 for a 1.5°C scenario. The emissions data is not cascaded from any parent organization, indicating that Polyus independently reports its emissions and climate commitments. The company continues to focus on sustainability initiatives as part of its long-term strategy to mitigate climate impact.
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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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Polyus
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