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Polymetal is among the top 10 most environmentally friendly companies in the country according to Forbes

Polymetal is among the top 10 most environmentally friendly companies in the country according to Forbes
Photo: Polymetal

Polymetal entered the top ten greenest companies in Russia. The rating was compiled by the Russian edition of Forbes.

According to the magazine, the rating methodology identifies enterprises where the principle “Ecology. Social responsibility. Control". Being a green company means reducing emissions, using natural resources sustainably and adopting innovative practices and technologies. Out of 60 companies of applicants selected for the preliminary list, experts, including leaders in the field of ecology, management, economists and scientists, representatives of the Russian division of Grеenpeace, selected the 30 best in industry nominations. Polymetal took seventh place in the final rating, while becoming the best company in the non-ferrous metallurgy industry.

The well-deserved high mark was a recognition of Polymetal's efforts in a number of areas, which are being implemented, including in the Magadan Region. For example, the Kubaka GOK has already received equipment for the first solar power plant in the Magadan Region, and installation work will begin in the next few days. The use of renewable and clean electricity will reduce the emissions of greenhouse gases that are generated when fuel is burned in diesel power plants. At the Serebro Magadana enterprise, a dry storage area for ore leaching waste is being built, and the Omolon Gold Ore Company is implementing a project for the recycling of mine waters.

The company's production processes are carried out in accordance with the requirements of the international standard ISO 14001: 2015 - environmental management system. In 2018-2019, the company has already invested almost 1,5% of its revenues in environmental projects, and in the fall of 2020 it received a green loan from Societe Generale bank for $ 125 million to invest in energy-saving technologies, safe water circulation systems and cleaning production tailings.

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