Russia’s Polymetal achieves prime status in ISS ESG corporate rating
(Kitco News) - Russian mining company Polymetal, a senior global producer of silver and gold, reported today that according to the most recent ISS ESG Corporate Rating, Polymetal's score improved from С+ to B-, crossing the Prime threshold.
Polymetal noted that the ISS ESG Corporate Rating is a holistic, annual review of how companies implement and execute sustainability policies. Prime status is attributed to those companies with an overall ESG performance above the sector-specific Prime threshold, which means that they fulfil ambitious absolute performance requirements.
Polymetal said it also retained its MSСI ESG rating at 'A' level, following the latest update.
"We have built a disciplined approach to environmental, social, and governance issues, which results in external recognition. Grateful to all our colleagues for their efforts in sustainability, we will focus on further improvements and alignment of our commitments and performance," said Daria Goncharova, Chief Sustainability Officer of Polymetal.
ISS is a leading provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally.
Polymetal International is a top-10 global gold producer and top-5 global silver producer with assets in Russia and Kazakhstan.