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Exxaro Resources limited
Environmental, social and governance report 2021

Introduction

NAVIGATING THIS REPORT

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Detailed disclosure and further reading

Read more online at www.exxaro.com


Read more within this report


The capitals we use and affect

NATURAL
HUMAN
SOCIAL AND RELATIONSHIP
MANUFACTURED
INTELLECTUAL
FINANCIAL

Our vision

Resources powering a clean world

Exxaro Resources Limited (Exxaro, the company or the group) is a South Africa-based diversified resources company with a robust coal business and acquisitive growth prospects in minerals and energy solutions.

Our purpose, powering better lives in Africa and beyond, drives our ambition to provide resources (beyond just commodities) critical to a low-carbon world.

Our Sustainable Growth and Impact strategy ("Strategy") enables us to deliver on our purpose and vision. Our success lies in the strength of our culture and values.

Through our Strategy, we aim to strengthen our resilience and ensure we deliver sustainable stakeholder value through a robust business portfolio in a low-carbon economy.

INTEGRATED THINKING

Exxaro believes in sustainable value creation, enabled through carefully considering the relationship among the resources we use and affect, and potential trade-offs inherent in strategic decision-making. We have integrated the six capitals into our business model and strategy, and continuously strive to positively contribute to and negate any adverse impact on these capitals.

OUR SUSTAINABILITY FRAMEWORK

Exxaro voluntarily endorses the United Nations (UN) 17 Sustainable Development Goals (SDGs). We also participate in the National Business Initiative (NBI) in South Africa to align the 17 SDGs with the country's National Development Plan and implement leading practices to uphold the most material SDGs so that our business leaves a lasting positive impact.

Our vision, purpose and strategy are underpinned by an ethos of sustainable development and thus encourage us to support the SDGs to make a measurable positive impact on, for instance:

  • Our purpose acknowledges the challenges and opportunities present on our continent and our role in overcoming them
  • Our strategic objectives are designed to ensure that, as we transition our business to meet our vision, we do so in a just manner that balances South Africa's economic development needs, ecosystem protection and social adaptive capacity

Reporting suite

We are committed to transparent reporting and publish an annual reporting suite detailing our performance

These reports are available online and should be read together for a complete understanding of Exxaro's business and its performance.

CONNECT WITH US

We encourage and welcome feedback on our reporting suite from our stakeholders. Please send any comments or suggestions to:

Malusi Buthelezi

Manager: Integrated reporting and ESG

Tel: +27 12 307 3174
Mobile: +27 83 460 3723
Email: Malusi.Buthelezi@exxaro.com

www.exxaro.com

Disclaimer: Photographs of people without masks were either taken pre-COVID-19 or in full compliance with health and safety protocols. With thanks to Stefanie De Beer, Line of Sight Photography, for Cennergi's windfarm photographs, and all contributors who supplied the photographs used in our reporting suite.

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OVERVIEW
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Introduction
About this report
About Exxaro
Evolution of a 21st century company
Our ESG perspective
Measuring our performance
Strategic key performance indicators
Stakeholder management

ENVIRONMENT
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Environment
Air quality
Climate change resilience
Energy management
Water security management
Waste management
Biodiversity
Environmental liabilities and rehabilitation
GOVERNANCE
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Governance
Ethical culture
Performance and value creation
Adequate and effective control
Trust, good reputation and legitimacy
Board of directors
Our executive team
Remuneration and nomination committee report
Remuneration committee report
Nomination committee report
Risk and business resilience committee report
Social, ethics and responsibility committee report
Audit committee report
Investment committee report
King IV application register
Remuneration report
SOCIAL
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Social
People
Communities
Human rights

ADDITIONAL INFORMATION
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GRI index
SASB index
Task Force for Climate-Related Financial Disclosures (TCFD)
Assurance report
Appendix A: Criteria
Glossary
Administration