International gold miner Gold Fields is ranked fifth in terms of all 44 mining companies on the 2016 DJSI and the third best global gold company.
The DJSI benchmarking database, which was published on Monday, indicates that Gold Fields’ sustainability practices rank with the best of resources companies worldwide.
Gold Fields has participated in the DJSI assessment, which is carried out by investment firm RobecoSAM on behalf of the DJSI, since 2000.
Launched in 1999, the DJSI ranks the performance of global sustainability leaders, through an annual assessment of the world’s 4 000 largest public companies.
Among other factors, it measures management practices surrounding economic, environmental and social engagement approaches.
The 83% rating obtained by Gold Fields (2015: 80%) is within six percentage points of the mining sector leader, US-based mining giant Newmont Mining.
“A strong performance in the DJSI is a milestone on our journey to leadership in sustainable gold mining, so our improved ranking shows that we are on the right track,” says Gold Fields CEO Nick Holland.
“Implementing sustainable business practices incorporates high standards of safety and health practices, sound environmental stewardship and pro-active community engagement, including shared value creation with communities,” Holland concludes.