Exxaro Resources Limited
Environmental, social and governance report for the year ended 31 December 2024 

Our reporting theme: Positioning Exxaro to win through our resilient strategy

We are proud to present Exxaro's 2024 environmental, social and governance (ESG) report, showcasing how our resilient strategy is positioning us to win in an increasingly complex and dynamic world. Moving from transition to execution, our focus is steadfast – creating sustainable value for our stakeholders and ensuring we contribute meaningfully to an inclusive and impactful future.

At the core of our strategy is a commitment to long-term resilience. This resilience enables us to navigate global challenges and capitalise on emerging opportunities, ensuring we remain agile and proactive.

We are optimising our coal portfolio to support energy security while investing in growth areas, such as our energy solutions business and evaluating investment opportunities in energy transition minerals – key drivers of a low-carbon economy. By diversifying into these areas, we aim to secure future-ready growth aligned with the global energy transition. This diversification journey into resources that power a clean world remains a core focus, with energy transition minerals playing a pivotal role in driving a cleaner future. With a track record of mining, operational and execution excellence, a diversified skillset, and a strong and flexible balance sheet, we are well positioned to achieve our goals.

We are deeply committed to embedding ESG principles into the heart of our operations. Our Climate Change Response strategy is evolving with rigour and foresight, bolstered by the development of our decarbonisation roadmap and our proactive steps towards our goal of carbon neutrality by 2050. At the same time, our social investment initiatives drive meaningful change, creating opportunities for local businesses and contributing to socio-economic development in our communities.

As we position Exxaro to win, we are focused on an impactful transition, ensuring that all stakeholders – particularly the vulnerable and most impacted – benefit from the shift to a low-carbon, sustainable economy. For us, an impactful transition highlights the social dimensions of the low-carbon transition, reinforcing our commitment to fairness, equity and inclusivity. This perspective will continue to shape how we invest in our communities, create opportunities and contribute to a just and inclusive future.

These priorities reflect our belief that growth is only meaningful if it is sustainable and inclusive. By leveraging innovation, collaboration, and strategic investments, we are not only powering our progress but also possibility for Africa and beyond. Together, we are creating a legacy of resilience, impact, and shared value aligned with our vision of delivering resources powering a clean world.

Welcome to the next chapter of Exxaro's journey.

Navigating today's challenges, creating tomorrow's possibilities.

 

img here  These reports and other supplementary reports are available online and should be read together for a complete understanding of our business and performance.