PJSC Polyus (Polyus or the Company) was named among top three Russian metals and mining companies in this year’s sectoral environmental transparency rating by the Russian branch of the World Wildlife Fund (WWF) and the National Rating Agency.
The overall transparency rating is based on ratings in three sections: Environmental Management, Environmental Impact, and Information Disclosure. According to the results of the 2020 assessment, Polyus shares the first place in two sections — Environmental Management and Information Disclosure.
The Transparency Rating of Environmental Responsibility Project for Mining and Metals Companies of Russia was established in 2015 under the initiative of WWF Russia in a partnership with UNDP, GEF and the Ministry of Natural Resources and Environment of the Russian Federation.
Separately, Polyus announces the launch of its new sustainability website, a dedicated microsite providing an in-depth overview of its environmental, social and governance focus.
The site details Polyus’ overall approach to sustainability, and its key programmes relating to environmental protection, health & safety, local communities and employees. Corporate sustainability policies are available to download from the website, along with ESG data, presentations and sustainability reports.
Pavel Grachev, Chief Executive Officer of PJSC Polyus, commented:
Transparency is among our key priorities when it comes to corporate governance and ESG, and we are proud to be once again, for the third consecutive year, ranked among Russia’s most transparent companies of the metals and mining sector, with one of the best environmental management systems.
I’m very pleased to use this occasion to announce the launch of our new sustainability microsite which will take Polyus to a new level of ESG disclosure, setting leading standards of transparency among our peers. All this further demonstrates our commitment to being fully accountable as a world-class sustainable operator.
Polyus is the world’s fourth-largest gold mining company by production volumes and one of two gold miners with the largest attributable gold reserves. The company demonstrates the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
Investor and Media contact
Victor Drozdov, Director Communications & Investor Relations (CIR) Department
+7 (495) 641 33 77
Forward looking statement
This announcement may contain forward-looking statements concerning Polyus and/or Polyus group. Generally, the words will, may, should, could, would, can, continue, opportunity, believes, expects, intends, anticipates, estimates or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.