ESG Report 2021
Exxaro Resources Limited
Integrated report 2021
Geoffrey Qhena Chairperson
Final dividend declared
1 175 cents
per share
Total ordinary dividends for 2021
3 252 cents
per share
When I was appointed to Exxaro's board on 19 April 2021, I joined a visionary company with a board dedicated to powering better lives in Africa and beyond. I thank my predecessor, Jeff van Rooyen, for the governance tone and framework he established, and look forward to working with my fellow board members who are committed to sharing their knowledge, skills and experience for the sustainability of the business.
Read chairperson's statementOutgoing CEO's report | Mxolisi Mgojo
Reflections on our year and our journey to position our business for sustainable growth
Mxolisi Mgojo Outgoing CEO
Incoming CEO's report | Dr Nombasa Tsengwa
It is an exciting time to be at Exxaro. As I prepare to take the helm from Mxolisi Mgojo, I believe our plans to create a low-carbon future place us on a pathway that will positively impact our stakeholders and society at large.
Dr Nombasa Tsengwa Incoming CEO
Riaan Koppeschaar Finance director
Revenue of
R32.8 billion
up 13%
Core EBITDA of
R10.7 billion
up 46%
Core equity-accounted income of
R9.8 billion
up 52%
Cash generated by operations at
R10.6 billion
up 36%
Chairperson's statementOutgoing Ceo's ReportIncoming Ceo's ReportFinance Director's ReviewAs we entered the final phase of our previous strategy, successfully concluded in 2020, we reflected on our purpose, prospects and social obligations in our changing operating context. Through this process of reflection and careful consideration, we have clearly identified our future path to achieve our vision for resources powering a clean world.
Our Sustainable Growth and Impact strategy aims to transform Exxaro in a systematic and integrated manner into a diversified company that will transition from a coal base to a minerals and renewable energy business that will thrive in a low-carbon future.
The transition imperative
To responsibly enter a carbon-constrained future given our base as a carbon-intensive coal asset, our approach involves:
We engage proactively with our stakeholders to create shared value from facilitating business activities and demonstrate our purpose, to power better lives in Africa and beyond.
Report Index
