JSC Navoi Mining and Metallurgical Company (NMMC), one of the world’s leading gold producers, announces that Sustainable Fitch has reaffirmed the Company’s Entity ESG rating at ‘3’ (on a scale of 1 to 5, where 1 represents low risk and 5 represents high risk), with an improved overall score from 51 to 54 points (out of 100).

Following the rating update, NMMC’s environmental profile has been upgraded to ‘2’ due to the disclosure of Scope 2 greenhouse gas (GHG) emissions, the establishment of time-bound targets to reduce Scope 1 and Scope 2 emissions by 10% by 2030 from 2024 levels, and the absence of environmental incidents linked to the Company’s operations. The social profile remains at ‘3’, reflecting robust corporate sustainability policies, workforce stability, and no reported labor or social responsibility incidents. The governance profile has been maintained at ‘2’, supported by high-quality financial reporting, a sound risk management and tax compliance framework, as well as recommendations aimed at further strengthening the occupational health and safety system and gender diversity.

Sustainable Fitch also highlighted NMMC’s ESG materiality assessment, reporting aligned with GRI and SASB (metals & mining) standards, and the Company’s alignment with the UN Sustainable Development Goals (SDGs).

Kuvandik Sanakulov, Chairman and CEO of NMMC, commented:

«For NMMC, sustainability principles form the foundation of effective management, investor confidence and long-term corporate resilience. The reaffirmation of our ESG rating reflects the results of our systematic efforts in this area. In 2026, we will continue implementing the agency’s recommendations and integrating international ESG standards across all aspects of our operations, advancing NMMC’s strategic objectives under Uzbekistan’s national strategy “Uzbekistan–2030” and generating long-term value for all stakeholders.»

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