Russia-based gold mining PJSC Polyus has joined with more than 30 other leading Russian companies to form the ESG Alliance, a platform designed to encourage dialogue and share expertise on environmental best practices.

The company said the ESG Alliance's mission is to promote the transition of the Russian economy to a sustainable development model that ensures environmental protection, the wellbeing of society, and long-term business prosperity.

Additionally, the company said: "The aim of the ESG Alliance is to provide a solid platform for dialogue, to share knowledge and expertise between businesses, government agencies and broader society, and to support the development and facilitate the implementation of new sustainability principles and standards."

Pavel Grachev, chief executive officer of PJSC Polyus, said the cross-industry platform will "support Russian companies in implementing the best ESG practices in the regions where they operate."

"Polyus looks forward to contributing to initiatives that will help transform the Russian economy in line with the sustainability agenda," Grachev said.