TIDMPOLY
RNS Number : 4239U
Polymetal International PLC
24 October 2017
Release IMMEDIATE
time
Date 24 October 2017
Polymetal International plc
Substantial improvements in the Company's sustainability
performances
Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY)
(together with its subsidiaries - "Polymetal", the "Company", or
the "Group") is pleased to report on its significant progress in
sustainability performances with all-round improvement that has
been highly rated by the leading sustainability agencies, including
Sustainalytics, DJSI-Robeco SAM, FTSE4Good and WWF.
HIGHLIGHTS
-- Sustainalytics position Polymetal in the 93(rd) percentile as
an outperformer in the metals and mining industry, ranking it first
among its peers and fourth among the 44 mining companies included
in the report.
-- FTSE4Good Index awarded Polymetal with the highest score (5/5) in Corporate Governance and Anti-Corruption, while the ESG Rating ICB Supersector Relative Percentile further improved to 84/100 (2016: 77/100).
-- WWF rank the Company 1(st) in the "Environmental management"
category and seventh overall in their environmental responsibility
ratings for metals and mining companies in Russia.
-- RobecoSAM reassessed the Company's performance for the
purpose of the Dow Jones Sustainability Index, awarding 61 points
out of 100 which is above the industry average of 48 and up 28%
over the previous year.
Earlier this month, Polymetal was ranked by Sustainalytics - an
independent ESG research and analysis firm supporting investors
around the world - as an outperformer in the metals and mining
industry, coming first among its peers and fourth among the 44
mining companies included in the report. This is a 10% score
improvement compared to the previous annual assessment. For 2017,
Polymetal was awarded a score of 77/100 in the overall ESG rating,
87/100 in Governance, 78/100 in Environmental and 71/100 in the
Social ranking. Sustainalytics' ESG research covers more than 7,000
companies globally and its Controversies Research highlights ESG
risks across more than 10,000 companies.
In the beginning of the year, Polymetal was confirmed as a
FTSE4Good Index constituent for the third time in a row, receiving
the highest score (5/5) in Governance themes such as Corporate
governance, as well as Anti-Corruption. The ESG Rating ICB
Supersector Relative Percentile Score improved over the previous
year to 84/100 from 77/100 in 2016 and 64/100 in 2015.
Our progress has also been evaluated by RobecoSAM for the
purpose of Dow Jones Sustainability Index (DJSI). Polymetal
recorded a significant score increase of 28% over 2016, reaching
61/100 from 44/100 in 2016 and 31/100 in 2015. This year, 942
companies participated in RobecoSAM's Corporate Sustainability
Assessment (CSA), which evaluates and ranks the highest-scoring
companies on the DJSI - one of the most rigorous and highly
regarded sustainability indices in the world. Despite not being
selected as a member of DJSI, Polymetal is among the few gold
companies that were invited to participate in Russia, Kazakhstan
and Armenia.
Polymetal is pleased to announce that the World Wildlife Fund
(WWF) and the joint project of United Nations Development Programme
/ Global Environment Facility / Ministry of Natural Resources and
Environment of Russia have included Polymetal in their
environmental responsibility rating of metals and mining companies
in Russia. Polymetal was ranked 1(st) in the "Environmental
management" category and 7(th) in the overall rankings. The first
environmental rating included the 33 biggest mining companies in
Russia that operate in WWF's priority ecoregions.
Polymetal is also part of other leading sustainability indices
such as the Euronext-Vigeo, STOXX Global ESG Leaders and supports
Carbon Disclosure Project (CDP), UN Global Compact and Global
Reporting Initiative.
"I believe that sustainability is the only way forward. This
recognition reflects Polymetal's deep commitment to sustainability
and continuous improvement, which translates into safer working
conditions for people, responsible environmental management, social
support for the local communities, and growing economic value for
our stakeholders," said Group CEO, Vitaly Nesis.
To learn more about Polymetal's sustainability initiatives
please visit
http://www.polymetalinternational.com/sustainable-development.aspx?sc_lang=en
and find in the Company's annual sustainability report "Sustainable
business. Sustainable future".
Enquiries
Media Investor Relations
------------------ ------------------ ----------------------------------------------------
FTI Consulting +44 20 3727 1000 Polymetal ir@polymetalinternational.com
Leonid Fink Evgenia Onuschenko +44 20 7016 9505 (UK)
Viktor Pomichal Maryana Nesis
Michael Vasiliev +7 812 334 3666 (Russia)
------------------ ------------------ -------------------- ------------------------------
Joint Corporate Brokers
-------------------------------------- ----------------------------------------------------
Morgan Stanley
Sam McLennan
Richard Brown +44 20 7425 8000
Panmure Gordon RBC Europe Limited
Adam James Tristan Lovegrove
Tom Salvesen +44 20 7886 2500 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 24, 2017 02:00 ET (06:00 GMT)
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