Our material matters

The operating context is changing rapidly. Social, political and economic issues all impact our ability to create value. We operate in a long-term asset class with significant infrastructure investment. To remain a leader, we must respond to the current context and anticipate the future.

Material matters

• Geopolitical context
• Macro-environment
• Supporting a just transition to a low-carbon economy

Exxaro's employees are the organisation's lifeblood. To deliver on our strategic goals, we need to foster a culture that supports adaptability and innovation while leveraging the strength of diversity and inclusion.

We are deeply committed to protecting our people's health, safety and wellness, and building relationships based on trust.

Material matters

• Health, safety and wellness
• Workforce: culture, capability, diversity, inclusion and innovation
• Labour relations

We operate in an environment of stakeholder capitalism^# and where our business activities impact our stakeholders who respond to these impacts. Our social licence to operate is dependent on how we look after our communities and the natural world around us.

We are committed to a just transition that is executed in a manner that is socially just and sensitive to the potential impacts for Exxaro, its communities, South Africa and the planet.

^# Where organisations are oriented to serve the interests of all their stakeholders

Material matters

• Human rights
• Job and business creation
• Responsible environmental stewardship
• Supporting a just transition to a low-carbon economy

Climate change is no longer a refutable occurrence. We are committed to the Paris Agreement and have established business objectives to respond to the risks and opportunities presented by climate change.

Material matters

• Coal portfolio optimisation
• Diversify into minerals
• Build a leading global renewable energy solutions business

Underpinning our strategic goals is the drive to enhance our business resilience through the delivery of financial results, effective capital allocation, compliance excellence as well as entrenching innovation and capitalising on digitalisation. Over and above these, the way we conduct ourselves as a business strengthens our reputation and resilience.

Material matters

• Financial performance and resilience
• Legal, regulatory and compliance excellence
• Capital allocation
• Innovation and digitalisation
• Transparency, ethics and integrity