17 November 2021
Following the 2021 S&P Global Corporate Sustainability Assessment, Polymetal has once again been named as a leading company for sustainability performance in the Dow Jones Sustainability Indices (“DJSI”).
Polymetal has been rated as a sustainability leader in the Metals and Mining industry, having achieved the 96th percentile ranking globally. Within the industry, Polymetal still remains the only DJSI constituent with major assets in the CIS. Polymetal is a member of the DJSI World for the second year in a row and DJSI Emerging Markets for the fourth year in a row.
“We continuously raise the bar for our sustainability practices and are honoured to be recognised by S&P again as a global ESG leader. We implement initiatives across all key sustainability areas, including health and safety, inclusion and diversity, decarbonisation, pollution control, and ensure sufficient funds and resources for our ESG strategy”, said Daria Goncharova, Chief Sustainability Officer of Polymetal.
The annual Corporate Sustainability Assessment conducted by S&P is aimed at highlighting companies leading in environmental, social and governance indicators, which are a key focal point of attention today for investors, policy makers, employees and other stakeholder groups.
"We congratulate Polymetal for being included in the DJSI for Emerging Markets and World. A DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global Corporate Sustainability Assessment is testament to the growing movement for ESG disclosure and transparency," said Manjit Jus, Global Head of ESG Research, S&P Global.
OTHER RECENT ESG HIGHLIGHTS
In October 2021, Polymetal joined SBTi to confirm its commitment to the principles of the Paris agreement. Climate targets validation is expected in the first half of 2022.
Polymetal received an ESG Risk Rating of 15.9 and was assessed by Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors. This is an improvement from an ESG Risk Rating of 20.3 (medium risk) in 2020.
FTSE Russell reaffirmed Polymetal as a constituent of FTSE4Good Index Series with 4.3 score (out of possible 5) and 95th percentile.
Polymetal’s MSCI ESG Rating has been upgraded to AA from A. This places Polymetal among the companies with the highest ESG Rating in the Precious Metals sector.