Gold Fields has been ranked the top South African-listed mining company on the prestigious Dow Jones Sustainability Index (DJSI).
Gold Fields was ranked 3rd among 81 mining companies assessed and 2nd among gold mining companies. Gold Fields’ score was 81/100, more than double the industry average of 34 and just two percentage points behind the joint leaders, Canada’s Teck Resources and Newmont Corporation of the US.
Gold Fields has consistently achieved a Top 5 metals and mining ranking in the DJSI since it started participating in 2011.
The 2021 DJSI scorecard, which was released last week, measures a range of environmental, social and governance (ESG) management practices through an annual assessment of the world’s 1,800+ largest companies. The DJSI assessment is carried out by ratings agency S&P Global as part of its annual Corporate Sustainability Assessment.
“Our continued strong showing on the DJSI illustrates that we have fully integrated ESG practices into our business. Building on our leading commitment to ESG is also one of Gold Fields’ three strategic priorities that is part of the performance scorecards of our management teams,” says Gold Fields CEO, Chris Griffith.
“This is critical because we are no longer only assessed on our operational and financial performance, but that we are doing so responsibly and to the benefit of all our stakeholders,” he adds.
Earlier this year, Gold Fields released its high-level ESG priorities, including on climate change, accompanied by wide-ranging objectives and strategic intents. These high-level priorities and goals will be incorporated in an ESG Charter with detailed 2030 targets to be released on 1 December 2021.