Performance against our strategy and future focus

Building traction as we transition to our new strategy

e are in the process of transitioning into and embedding our Sustainable Growth and Impact strategy. We have clear objectives to achieve this strategy and have provided an overview of our traction thus far in the table below. To best measure and manage our progress, we have identified KPIs that we will measure our performance against over time. These have been carefully selected by considering our previous KPIs (which reflected the capitals of value creation that we use and affect) and our future goals. The resultant indicators are refined and targeted, designed to monitor momentum on strategy while catalysing management discussion and analysis within the organisation. They also ensure all previous ESG commitments are covered in their achievement.

	Performance overview	Looking forward	Material themes	SDGs impacted
Transition at speed and scale	Partnered with Enertrag to jointly develop renewable energy solutions, especially in Mpumalanga, to enable a just energy transition Completed several minerals due diligence studies and decided against acquisitions due to unfavourable return characteristics Developed robust capital allocation model	We aim to transition at speed and scale but not at all costs. Our investments in minerals and energy will be governed by our prudent capital allocation framework and rigorous investment criteria positioning our portfolio within our desired risk-adjusted return levels
Make our minerals and energy businesses thrive	Achieved record financial and safety performance	Safety, cost optimisation and business improvement remain our priorities across our minerals and energy businesses
Empower people to create impact	Implemented the group incentive scheme aligning individual and team goals to group objectives	Continuous development of our people, processes and platforms to ensure we build on our learning culture and achieve our strategic objectives
Be carbon neutral by 2050	Established ESG steering committee with clear terms of reference Self-generation renewable energy projects are planned for implementation at our Grootegeluk and Belfast operations in the short term	Our key focus in the short term will be our detailed stakeholder-centric decarbonisation roadmap with clear objectives and milestones, including on scope 3 emissions
Become a catalyst for economic growth and environmental stewardship	Developed detailed Social Impact strategy with clear targets, actions and focus areas Partnership with Endangered Wildlife Trust to develop a monitoring programme to enhance our biodiversity management processes	We aim to progress our industry leading ESG performance towards delivering sustainable impact at scale