- Persistent geopolitical headwinds, including sanctions and counter-sanctions.
- Significant tightening of concentrate exports regulations in Russia led to material accumulation of concentrates in sea ports.
- Legislative changes in the energy market of Kazakhstan resulted in the inability to purchase green electricity from the grid.
- Higher labour market competition and increased demand for mining experts.
Polymetal International plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Polymetal International plc disclosed greenhouse gas emissions of 1.1K Kt CO2e (Scope 1 & 2). By scope: Scope 1: 724 Kt CO2e; Scope 2: 363 Kt CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.1K Kt CO2e (Scope 1 & 2)
2023
Water Usage
3.3K th. m3 (fresh water withdrawn)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 724 Kt CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 363 Kt CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.1K Kt CO2e (Scope 1 & 2) |
| 2020 | 1.8 Mt of CO2e (2020) |
| 2017 | 771.3K t |
| 2016 | 728.5K tCO2e/year (Scope 1 & 2) |
| 2015 | 672 Kt CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Decreased fresh water intensity for ore processing by 53% compared with 2019, to 125 m³/1,000 t (2022: 49%)
- Planted 430 thousand saplings on almost 200 hectares of land in Russia and implemented a voluntary pilot project to plant a new forest near Varvara site in Kazakhstan.
- 93% of on-site water consumption is via a closed cycle of treated wastewater
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce reliance on diesel power through renewable energy projects (upgrading dump trucks to gas at Kyzyl, progressing solar and gas power plants for Varvara and Kyzyl).
📅 Medium-term
- Accelerate construction schedule for the Ertis POX project (completion by 2028).
🔭 Long-term
- Pursue growth opportunities in Kazakhstan and selected Central Asian countries.
🌱 ESG Focus Areas
Greenhouse gas emissionsWater usageReforestationSocial investmentHealth and safety