Management approach

The Board has proposed to dispose on the Polymetal’s Russian business as this presents the most viable opportunity for the Group to restore shareholder value by removing or substantially mitigating critical political, legal, financial and operational risks to the Polymetal Retained Group.

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We regard sustainability as an essential element of our activities. It is an investment in society as well as in our own future. That’s why we firmly believe that anchoring sustainability as part of our business strategy will lead to economic, environmental and social progress.

Polymetal’s overall approach to sustainability is guided by the Sustainable Development Goals. In addition, our Code of Conduct guides the behaviour of all employees in relation to their colleagues, local communities and the environment. At an operational level, we have a suite of procedures and policies that are published in line with national regulatory and international standards.

All of these taken together influence our approach to the provision of high quality jobs, secure and safe employment, employee wellbeing and access to professional development. They also influence the way that we communicate and consult with our investors, communities, government bodies and NGOs and suppliers in our areas of operation and the systems we have in place to monitor and improve environmental performance.


The Group’s financial and legal teams monitor current legislation and proposed changes in all jurisdictions where Group companies operate, and incorporate these into the practice, involving leading external experts where appropriate


Our directors engage in communication with shareholders’ CSR teams to better understand their approach to governance and sustainability.


The Audit and Risk Committee helps the Board to monitor the integrity of the Group’s financial statements; reviews the effectiveness of the Group’s system of internal controls and risk management systems.

Ethical conduct

The Safety and Sustainability Committee monitors the Group’s social, ethical, environmental and safety performance, and oversees all sustainable development issues on behalf of the Board.


The Chief Sustainability Officer coordinates sustainability initiatives and activities to ensure transparency and long-term value for investors and other stakeholders.


In our approach to human resource development, we aim to attract and retain the very best professionals by providing an inclusive, fair and enabling working environment.

You are downloading Integrated Annual Report . Please note that some ESG data are available in Sustainability Performance Data 2021 (GRI and SASB) that outlines our key non‑financial performance information for financial year 2021. While the selected annual report is being downloaded, we want to draw your attention to the Sustainability Report. It provides detailed information on ESG indicators.

While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. They provide detailed information on ESG indicators.

You can also download historical data on sustainable development.