Company report
Summary of Results
- Polymetal
- RMI average
- Collective Best Score
While absolute results are low overall, Polymetal shows one of the four stronger results in Working Conditions. In addition to its formal commitment to ensure safe and healthy working conditions, Polymetal shows a relatively stronger result on the issue of ensuring its operations actively respect the rights of workers to organise, collective bargaining and freedom of association, as well as ensuring its operations address the health and safety needs of women workers. In addition, the company shows one of the stronger results on the disclosure of information on fatalities and serious injuries and safety incidents.
Polymetal is associated with several leading practices including disclosing mine-site-level data on the functioning of its worker grievance mechanisms and detailed public disclosure of areas at potential risk in the case of a failure of a tailings storage facility.
Polymetal’s results are above average in two other of the six thematic areas: Business Conduct and Environmental Responsibility. Polymetal’s overall results are limited by a lack of evidence of action on a number of key issues. For example, there is no evidence that the company has systems in place to support local entrepreneurship and local business development. In addition, the company shows no evidence of reviewing its performance on respecting the rights and aspirations of Indigenous Peoples, or of tracking its performance in reducing adverse impacts on water quality. Additionally, Polymetal shows no evidence of identifying and addressing how climate change can exacerbate the impacts of its operations on its workforce, affected communities, and the environment.
Polymetal ranks 1st among the 40 companies on its mine-site-level results, though with an average score of only 24%. In the mine-site assessment, Polymetal demonstrates an unusually high level of consistency in the results achieved by its seven assessed mine sites (with scores all within the range 21-30%). However, none of the relevant mine sites show any relevant evidence on three issues: local employment, women workers, and living wage.
Overall results
Results per measurement area
Commitment
(9 indicators)Action
(42 indicators)Effectiveness
(20 indicators)Results per indicator
Economic Development
A.01 National and Supranational Socio-Economic Development Planning
A.02 National and Supranational Procurement
A.03 Collaborative Research and Development
A.04 Enhancing the National Skills Base
Mine-site Results
Mine sites selected for individual assessment (but not included in the overall company score)
Click on a mine site name to open its individual result page
Albazino-Amursk | Dukat | Kyzyl | Mayskoye | Omolon | Varvara | Voro | |
---|---|---|---|---|---|---|---|
Local Employment (score /4) | 0.0 | 0.0 | 0.0 | - | - | 0.0 | 0.0 |
Local Procurement (score /4) | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Air Quality (score /4) | 1.0 | 1.0 | 1.0 | 2.0 | 2.0 | 1.0 | 1.0 |
Water Quality (score /4) | 1.0 | 1.0 | 1.0 | 2.0 | 2.0 | 1.0 | 1.0 |
Water Quantity (score /4) | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Rehabilitation and Post-Closure (score /4) | 0.5 | 0.5 | 0.5 | - | - | 0.5 | 0.5 |
Tailings Management (score /4) | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
Safety of Communities (score /4) | 0.0 | 0.0 | 0.5 | - | - | 0.0 | 0.5 |
Community Grievances (score /4) | 1.5 | 1.5 | 1.5 | - | - | 1.5 | 1.5 |
Safety and Health of Workers (score /4) | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Women Workers (score /4) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Workplace Deaths and Injuries (score /4) | 0.5 | 0.5 | 0.5 | 0.5 | 1.0 | 1.0 | 1.0 |
Training of Workers (score /4) | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
Decent Living Wage (score /4) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Worker Grievances (score /4) | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
Mine Site Score (%) | 21.0 | 21.0 | 22.0 | 28.0 | 30.0 | 22.0 | 23.0 |
Operational mine sites
Mine Site Name | Aliases/Other names | Country | Company's share (%) | Products | Mining types |
---|---|---|---|---|---|
Albazino-Amursk | Ekaterina-2, Amursk POX Hub | Russian Federation | 100 | Gold, Silver | Open-pit, Underground |
Dukat | Lunnoye, Omsukchan, Goltsovoye, Arylakh | Russian Federation | 100 | Silver, Gold | Open-pit, Underground |
Kyzyl | Bakyrchik, Bolshevik | Kazakhstan | 100 | Gold | Open-pit |
Mayskoye | - | Russian Federation | 100 | Gold | Open-pit, Underground |
Omolon | Birkachan, Tsokol, Oroch, Sopka, Olcha, Kubaka | Russian Federation | 100 | Gold, Silver | Open-pit, Underground |
Svetloye | - | Russian Federation | 100 | Gold | Open-pit |
Varvara | Varvara Hub, Komar, Tarutin | Kazakhstan | 100 | Gold, Copper | Open-pit |
Voro | - | Russian Federation | 100 | Gold | Open-pit |