Pavel Grachev, Chief Executive Officer of PJSC Polyus:

Over the years, Polyus has made significant progress in embedding sustainability across our operations. As a major enterprise, we must work responsibly to ensure that Polyus continues to create value for all of our stakeholders. This involves a commitment to developing our employees and protecting the broader communities where we operate as well as the natural environment.

Polyus in major ESG ratings

Sustainalytics 71 (“Outperformer” — November 2018)
MSCI ESG Rating A (January 2020)
RobecoSAM Corporate Sustainability Assessment 45 (63rd percentile — 2019)
WWF and UN Russian Metals and Mining Companies Environmental Transparency Rating 1st place (2019)

Key sustainability progress

We measure our sustainability progress against the following focus areas:

  1. Ensuring the safety of our employees
  2. Managing our environmental impact
  3. Supporting community development

Ensuring the safety of our employees

2017 Priorities 2017 Progress 2018 Priorities
  • Reduce injury rate
  • Zero fatalities
  • Improve Health and Safety management system
  • Ensure compliance with international standards
  • Injury rate reduced by 20%
  • Contractor injury rate reduced by 90%
  • Zero Fatalities
  • 85% of drivers engaged in passenger and dangerous goods transportation received “Protective driving” training
  • Sustainability Action Plan implementation completed, and passed ICMM audit
  • Implementation and certification of the integrated HSE management system
  • Zero injury rate
  • Reduce number of road traffic accidents and related injuries
  • Improve MedChecks quality — implement daily MedChecks
  • Implementation of HSE Leadership standard
  • Increase safety culture level to 2.2 by 2018 and 2.5 by 2020 on the Bradley scale

Managing our environmental impact

2017 Priorities 2017 Progress 2018 Priorities
  • Reduce greenhouse gas emissions
  • Enhance energy efficiency
  • Improve waste management practices
  • Implement new environmental standards
  • Reduce number of severe environmental incidents
  • 4.8% reduction in greenhouse gas emissions
  • $40.6 million spent on environmental protection
  • 45.2kWh energy saved per kg gold produced
  • 89% of water recycled and reused
  • Work towards a 15% reduction in greenhouse gas emissions by 2020
  • Implementation of corporate standards on Reclamation and Mine Closure and a Standard on Cyanide Management
  • Develop a Company Waste Utilisation Campaign
  • Biodiversity assessments at all business units
  • Introduce Environmental protection and Greenhouse gas management corporate training courses

Supporting community development

2017 Priorities 2017 Progress 2018 Priorities
  • Develop infrastructure in our regions of operation
  • Provide social support through charity, donations and sponsorship
  • Implement federal and regional projects that deliver a range of social and economic benefits
  • $42.6 million allocated to social support activities
  • Over 90% of social expenses allocated to charitable projects
  • Increased support for arts and culture
  • Improve goal-setting process for community engagement
  • Support the third Polyus Golden Season Theatre Competition