Exxaro report selector 2019

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Exxaro Resources Limited
Environmental, social and governance report

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Introducing our ESG report

Environmental, social and governance (ESG) issues have consumed the attention of the investment community over this past year. Rightly so, yet this focused attention did not appear overnight.

ESG has evolved over many decades. In that time, a myriad of models have emerged to define the scope of social and environmental responsibility for business and the financial community – from the triple bottom line to the six capitals, the eight Millennium Development Goals and the 17 SDGs. Of the 10 SDGs most closely related to mining we have seen two SDGs become very prominent in 2019: combating climate change and generating and securing clean energy.

Exxaro has been there from the beginning. We have been publishing our sustainability performance in our integrated report for the past 10 years on the basis of the six capitals.

For us, as an organisation, this messaging all came together in 2019. Driven by the undeniable evidence of climate change and heavy investor losses in the wake of corporate governance scandals, the general public and the investor community are demanding that companies demonstrate their ESG commitments.

In the past year, our activities illustrate our ability to deliver successfully on ESG and financial objectives.

In this ESG report, we demonstrate our response to an evolving operating context and our approach to transitioning towards a secure and more sustainable world for all.

We look forward to sharing this journey with you.

2019 suite of reports

For completeness, this report must be read in conjunction with our suite of reports for 2019, published on the Exxaro website ( www.exxaro.com) and listed below, should be read in conjunction.

As with the integrated report, the content of this ESG report is guided by:

  • Our strategic and business sustainability objectives
  • Legislative and regulatory requirements, including the Companies Act, 2008 (Act 71 of 2008), as amended (Companies Act)
  • JSE Limited Listings Requirements and the Broad-based Socio-economic Empowerment Charter for the Mining and Minerals Industry 2018 (Mining Charter III)
  • Global best practice standards, specifically the International Integrated Reporting Council (IIRC) framework for integrated reporting, the United Nations Global Compact (UNGC), the latest GRI guidelines (Standards) and the King Report on Governance for South Africa 2016 (King IVTM*)

Our ESG report includes limited information on operations where we do not have management control but hold a significant equity interest or joint control, namely Cennergi Proprietary Limited (renewable energy) and Sishen Iron Ore Company (SIOC, a subsidiary of Kumba Iron Ore Limited). We are incrementally disposing of our interest in Tronox Limited (titanium dioxide) and, as at the end of the reporting period, Exxaro held an effective interest of 10.38% in Tronox.

Exxaro Resources Limited
Integrated report
Exxaro Resources Limited
Environmental, social and governance report
Exxaro Resources Limited
Group and company annual financial statements
Exxaro Resources Limited
Consolidated Mineral Resources and Mineral Reserves report

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