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En Ru
2,160 koz of gold
produced in 2017 (2016: 1,968 koz)
364 $/oz
Total cash cost per ounce sold
621 $/oz
All-in sustaining cash cost
Ore processed, kt
26,445 2016
28,663 2017
Adj. EBITDA $ mln
1,536 2016
1,702 2017
5 5 operating assets: 4 hard-rock mines and alluvial operations
2,721 $ mln
Total Revenue in 2017
0.10
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2017 (2016: 0.13)
Factsheet

Sustainability approach

Sustainability approach

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 BB (“Average” — November 2018)
RobecoSAM Corporate Sustainability Assessment 27 (22nd percentile — April 2018)
WWF and UN
Russian Metals and Mining Companies Environmental Transparency Rating
2nd place (2018)

Key sustainability progress

We measure our sustainability progress against four focus areas:

  1. Ensuring the safety of our employees
  2. Developing our people
  3. Managing our environmental impact; and
  4. Supporting community development.

Ensuring the safety of our employees

2017 Priorities

  • Reduce injury rate
  • Zero fatalities
  • Improve Health and Safety management system
  • Ensure compliance with international standards

2017 Progress

  • 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

2018 Priorities

  • 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

  • Reduce greenhouse gas emissions
  • Enhance energy efficiency
  • Improve waste management practices
  • Implement new environmental standards
  • Reduce number of severe environmental incidents

2017 Progress

  • 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

2018 Priorities

  • 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

  • Develop infrastructure in our regions of operation
  • Provide social support through charity, donations and sponsorship
  • Implement federal and national projects that deliver a range of social and economic benefits
    • 2017 Progress

      • $42.6 million allocated to social support activities
      • Over 90% of social expenses allocated to charitable projects
      • Increased support for arts and culture

      2018 Priorities

      • Improve goal-setting process for community engagement
      • Support the third Polyus Golden Season Theatre Competition
      • Continue construction of Sirius school project