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Polymetallic Holding Group Seligdar (MOEX: SELG; hereinafter referred as Seligdar or Company) a Russian producer of gold and tin, was ranked 33rd among 80 companies in the first ESG ranking of Russian companies issued by the RAEX rating agency according to the updated methodology using reporting data for 2023.

The first ESG ranking, calculated using a new methodology, includes companies that were evaluated as of September 30, 2024. In the spring of 2024, the RAEX rating agency published a new methodology. To create the ranking, analysts from RAEX examined exclusively public data from companies, taking into account the specific nature of their activities. Companies had to disclose a sufficient amount of data related to sustainable development in order to be included in the ranking.

According to the corporate governance factor (G), the Holding Group was 13th. According to the social policy factor (S), it was ranked 42nd, and according to the environmental factor (E), it was 51st. In the previous ranking, published in October 2023 and calculated according to a previous methodology, Seligdar was ranked 44th out of 160 companies. The Holding Group was at 63rd position in terms of the environmental factor, at 43rd in terms of social policy, and the corporate governance was not evaluated.

Seligdar first entered the ESG ranking of the agency in April 2021, being 73rd out of 110 companies. This ranking is compiled by the RAEX rating agency since 2018 and the methodology for the ranking can be found on its website (in Russian).