Polyus Sustainability Profile
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.
DitchCarbon Score
How does Polyus'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
Polyus's score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Polyus's reported carbon emissions
In 2023, Polyus reported total greenhouse gas emissions of approximately 1,327,000,000 kg CO2e from Scope 1, 79,000,000 kg CO2e from Scope 2, and 2,055,000,000 kg CO2e from Scope 3. This represents a significant increase in emissions compared to 2022, when total emissions were about 2,755,360,000 kg CO2e, with Scope 1 emissions at approximately 1,505,000,000 kg CO2e and Scope 2 at 7,000,000 kg CO2e. Polyus has set ambitious reduction targets, aiming for a 15% reduction in greenhouse gas emissions for both Scope 1 and Scope 2 by 2020, relative to 2015 levels. These targets were established in 2017 and reflect the company's commitment to improving its environmental performance. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to climate accountability. However, there are no current Science-Based Targets Initiative (SBTi) targets reported, and the emissions data is not cascaded from any parent organization. Overall, Polyus's emissions profile highlights the challenges faced in reducing greenhouse gas emissions in the mining sector, while its commitments demonstrate a proactive stance towards climate action.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,950,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,220,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Polyus's Industry?
How Carbon Intensive is Polyus's Location?
Polyus's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 53% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 65% of Scope 3 emissions.
Top Scope 3 Categories
Polyus's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Polyus has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
