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Seligdar was ranked 53th among 160 companies in the updated ESG Ranking of Russian companies designed by the Rating Agency RAEX.

The current ranking presented by the Rating Agency RAEX on November 1, 2022, includes the updated data of 17 out of 160 companies and that of Seligdar for 2021. Seligdar improved its position from 65 to 53 compared to the previous October rating based on the company’s data for 2020. Seligdar has moved up from sixth to fourth position among 12 gold mining companies included in the ranking. The Seligdar’s position in the ranking corresponds to ‘BB’ level of the ESG rating scale of the Agency.

Seligdar was ranked 73 by ecology factor (E), 45 by social policy (S) and 20 by corporate governance (G). In the previous October ranking, Seligdar was ranked 77, 57 and 39 correspondingly. Thus, the Company showed a significant increase in all the constituents of the ESG ranking; the most impressive growth is attributed to the corporate governance.

For the first time Seligdar was included in the RAEX ESG Ranking in April 2021 and gained 73 position among 110 companies at that time. RAEX Europe issues the Ranking since 2018; the Methodology can be found on the Agency’s website.