Potential offtaker

Polymetal International plc

www.polymetalinternational.com

Estimated electricity consumption

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Countries of production presence

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Polymetal International plc is a leading gold mining company headquartered in Russia. The company operates in the gold sector and has a diversified portfolio of assets in Russia, Kazakhstan, and Armenia. Polymetal International is committed to sustainable mining practices and has set ambitious targets for decarbonisation and the use of renewable energy in its operations.

Decarbonisation is a key focus area for Polymetal International. The company has set a target to reduce its greenhouse gas emissions by 30% by 2030. To achieve this goal, Polymetal International is investing in energy-efficient technologies and exploring alternative energy sources. The company is also working to reduce its carbon footprint by improving the efficiency of its operations and reducing waste.

Corporate energy is another area of focus for Polymetal International. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources. Polymetal International has set a target to increase the share of renewable energy in its total energy consumption to 25% by 2025. The company is exploring a range of renewable energy options, including solar, wind, and hydro power.

Corporate power purchase agreements (PPAs) are an important tool for Polymetal International in its efforts to increase the use of renewable energy. PPAs allow companies to purchase renewable energy directly from energy providers, often at a lower cost than traditional energy sources. Polymetal International has signed several corporate PPAs with renewable energy providers in Russia and Kazakhstan. These agreements have helped the company to increase the share of renewable energy in its total energy consumption and reduce its carbon footprint.

Renewable energy is a key part of Polymetal International's sustainability strategy. The company is committed to increasing the share of renewable energy in its total energy consumption and reducing its greenhouse gas emissions. Polymetal International is investing in energy-efficient technologies and exploring alternative energy sources to achieve its sustainability goals. The company is also working to reduce its carbon footprint by improving the efficiency of its operations and reducing waste.

In addition to its sustainability efforts, Polymetal International is also focused on responsible mining practices. The company is committed to ensuring the safety and well-being of its employees and the communities in which it operates. Polymetal International works closely with local communities to understand their needs and concerns and to develop sustainable solutions that benefit both the company and the community.

Polymetal International's commitment to sustainability has been recognized by a number of industry organizations. The company has been included in the Dow Jones Sustainability Index for the past five years and has received several awards for its sustainability efforts. Polymetal International is also a signatory to the United Nations Global Compact, which commits companies to sustainable and socially responsible business practices.

In conclusion, Polymetal International plc is a leading gold mining company that is committed to sustainable mining practices. The company is focused on decarbonisation, corporate energy, corporate PPAs, and renewable energy as key areas of its sustainability strategy. Polymetal International is investing in energy-efficient technologies and exploring alternative energy sources to achieve its sustainability goals. The company is also committed to responsible mining practices and works closely with local communities to develop sustainable solutions that benefit both the company and the community. Polymetal International's commitment to sustainability has been recognized by a number of industry organizations, and the company is a signatory to the United Nations Global Compact.

✓ Science Based Targets member
✓ Declared Net Zero commitment