- US sanctions against JSC Polymetal and its subsidiaries.
- Supply chain disruptions due to sanctions and geopolitical tensions.
- Inflationary pressures and exchange rate fluctuations.
- Tightening of concentrate export regulations in Russia.
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. 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
2023
Renewable Energy
26%
of total energy
Water Usage
3.3M m3
2023
Energy Use
9.7K TJ
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 |
| 2018 | 832.5K tCO2e/year |
| 2017 | 771.3K t |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced freshwater use for processing by 53% Group-wide compared to 2019 baseline; 47% reduction in Kazakhstan.
- 93% of water reused/recycled Group-wide and 90% in Kazakhstan.
- 15% decrease in GHG emissions intensity Group-wide compared with 2019.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain LTIFR at zero level in Kazakhstan.
- Maintain fresh water consumption intensity per tonne of ore processed in Kazakhstan at the achieved minimal level.
- Maintain the share of water recycled/reused Kyzyl and Varvara hub at the 2023 level.
📅 Medium-term
- Reduce GHG emission intensity per ounce of gold equivalent by 30% by 2030 (Scopes 1 and 2, 2019 baseline).
- Reduce absolute GHG emissions by 35% by 2030 (Scopes 1 and 2, 2019 baseline).
- Achieve 7% of total electricity self-generation from renewable sources by 2025.
🔭 Long-term
- Develop a long-term Climate Strategy, including an approach to achieving carbon neutrality.
🌱 ESG Focus Areas
Health and safetyEmployeesEnvironmentClimate and energyCommunitiesEthical businessSupply chain