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Polymetal Sets Strategic Goal To Reduce Greenhouse Gas Emission Intensity By 30% By 2030

Polymetal International Plc (POLY.L) announced that it has published its first Climate Change Report setting a strategic goal to reduce Greenhouse Gas or GHG emission intensity by 30% by 2030.

The company said it has committed to reduce GHG emission intensity per ounce of gold equivalent by 30% by 2030, including the intermediate target of 15% reduction by 2025. Polymetal also announced its target to reduce absolute GHG emissions by 35% by 2030, to develop long-term GHG reduction goals until 2050 by the end of 2022, to develop the plan to achieve carbon neutrality by the end of 2022, and to set Scope 3 targets by the end of 2022.

"Polymetal is fully committed to combat climate change. Today we publicly announce our ambitious 10-year target to cut our GHG emission intensity by 30% by 2030", said Vitaly Nesis, Group CEO of Polymetal. "This initiative is supported by detailed action plan and becomes a part of the company-wide motivation system."

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