Polymetal International plc: Sustainability per...

Polymetal International plc (POLY)
Polymetal International plc: Sustainability performance update

05-Feb-2019 / 10:00 MSK
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Release time

 

IMMEDIATE                            LSE, MOEX: POLY / ADR: AUCOY

Date

5 February 2019

 

Polymetal International plc

Sustainability performance update

 

Polymetal's FTSE4Good ESG rating has improved and the company is now among the 7% of the most highly ranked listed companies in the sector. Polymetal has also become a top responder to the Carbon Disclosure Project among Russian companies.

"We are proud to have our approach to transparency highlighted as best practice by leading ranking agencies. The integration of ESG principles into business processes generates value in the long term", said Daria Goncharova, Chief Sustainability Officer of Polymetal.

FTSE4GOOD

Polymetal was reconfirmed as a member of FTSE4Good Index in the December 2018 index review achieving an ESG score of 4.4/5.0 compared to 4.0 received in June 2018.

The Company received the highest score (5/5) in Governance, which includes Anti-Corruption, Corporate Governance, Risk Management and Labour Standards. This is an improvement over the previous period, placing the company in the 94th percentile in the Industry Classification Benchmark (ICB) Supersector: Basic Recourses (83rd in 2018).

Polymetal has been a constituent of the FTSE4Good Index since 2015.

CARBON DISCLOSURE PROJECT

Polymetal has also become a top responder to the Carbon Disclosure Project (CDP) among Russian companies, achieving a C score for its climate change report.

CDP is a global environmental impact non-profit that assesses companies on the comprehensiveness of their disclosure, their awareness and management of environmental risks and their demonstration of best practices associated with environmental leadership. CDP drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests.

About Polymetal        

Polymetal International (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") is the top-20 global gold producer and top-5 global silver producer with assets in Russia and Kazakhstan. The Company combines strong growth with a robust dividend yield.

Polymetal supports the UN Global Compact, EITI, CDP, Cyanide Code and Global Reporting Initiative. The Company is part of the following leading sustainability ratings:

  • Dow Jones Sustainability Index
  • MSCI ESG
  • FTSE4Good
  • Euronext-Vigeo
  • STOXX Global ESG Leaders

To learn more about Polymetal's sustainability initiatives, please visit https://www.polymetalinternational.com/en/sustainability or see the Company's annual sustainability report "20 years of sustainable development".

Enquiries

Media

 

Investor Relations

FTI Consulting

Leonid Fink

Viktor Pomichal

+44 20 3727 1000

Polymetal

Eugenia Onuschenko

Timofey Kulakov

Michael Vasiliev                   

ir@polymetalinternational.com

+44 20 7016 9505 (UK)

 

+7 812 334 3666 (Russia)

Joint Corporate Brokers

 

Morgan Stanley

Andrew Foster

Richard Brown


Panmure Gordon

Charles Lesser

James Stearns

+44 20 7425 8000

 

 

 

+44 20 7886 2500

RBC Europe Limited

Tristan Lovegrove

Marcus Jackson

+44 20 7653 4000

 

 

FORWARD-LOOKING STATEMENTS

THIS RELEASE MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, "FORWARD-LOOKING STATEMENTS". THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS RELEASE. THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS. BY THEIR NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE. THERE ARE MANY FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED

 

 

 



ISIN: JE00B6T5S470
Category Code: MSCM
TIDM: POLY
Sequence No.: 7362
EQS News ID: 772471

 
End of Announcement EQS News Service

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