As part of our Sustainable Growth and Impact strategy, we empower people to create impact while enhancing business sustainability. We aim to foster mutually beneficial relationships with our people, partners and host communities, equipping them with the capabilities, mindset and passion to achieve our purpose. We are committed to being accountable for our actions and creating a lasting, positive legacy.
We unpack our approach and performance through the following lenses:
Empowering our people |
Prioritising safety |
Promoting health and wellness |
Maintaining sound employee relations |
Investing in talent |
Our commitments, management approach and meeting or exceeding compliance | Unpacked in this chapter | |
How we track and measure our performance | Highlighted in this chapter and measuring and monitoring our performance on delivering meaningful and positive impact | |
Our stakeholder-inclusive approach | Engagements and collaboration in achieving our goals and initiatives summarised in this chapter, with stakeholder needs and concerns unpacked from stakeholder-inclusive approach |
Our Social Impact strategy adopts a holistic, integrated approach to addressing systemic social challenges in host communities. Rather than focusing solely on immediate, compliance-based projects, the strategy takes a long-term perspective, prioritising initiatives that deliver sustainable, multidimensional benefits. By targeting the root causes of socio-economic disparities, such as inadequate education, limited economic opportunities and restricted access to land for productive use, the strategy seeks to create systemic change that uplifts communities over time.
This approach integrates ESG principles and global SDGs to promote sustainable development within a low-carbon economy:
Our Social Impact strategy ensures that Exxaro's social initiatives not only benefit current stakeholders but also lay the foundation for sustainable, equitable growth for generations to come.
Exxaro's social initiatives align with ESG objectives embedded in our Sustainable Growth and Impact strategy:
ESG objectives | Supporting the achievement of our Sustainable Growth and Impact strategy |
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Health and safety | To power zero harm through a risk-based mindset and boost our employees' and host communities' quality of life through integrated health and wellness | ![]() |
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Social impact | To contribute towards social cohesion and sustainable community development | ![]() |
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Human rights | To respect and uphold human rights for all people in Exxaro's sphere of influence, ie where we have the ability to effect investments and developments | |||||
DEI | To be the industry leader in diversity and inclusion, developing capabilities and leaders, achieving compliance and fostering inclusion | ![]() |
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Land management | To leverage Exxaro's land assets to create sustainable post-mining economies | ![]() |
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Partnerships and funding | To use Exxaro's capabilities and resources to attract partners and create impact at scale | ![]() |
Further
reading
How we are embedding ESG-related risks and opportunities in the business | Embedding ESG in our business |
Our materiality determination process and environment-related material matters | Material matters |
No fatalities, |
OHIFR of 0.14 |
51 |
(2023: zero fatalities, 0.07 LTIFR) |
(2023: 0.15) |
(2023: 29) |
R11 million |
R187.29 million |
Local contracts worth |
(2023: R10.5 million) |
(2023: R223.51 million) |
(2023: R1.9 billion; 31) |
10 |
Two |
(2023: 11) |
(2023: none) |
Two |
Four |
(2023: none) |
(2023: four) |
Two cases of community unrest are attributed to the Leeuwpan community demanding opportunities be ring-fenced for local people. The other two protests were by contractor employees, one of which lasted two days. Other BUs did not experience community unrest.
The Mine Health and Safety Council announced new milestones in 2024. Since we measure our safety, health and wellness performance against mining industry targets as set out in 2014, we will update our reporting against the new milestones from 2025 onwards.
In compliance with the South African Companies Act, companies and close corporations are required to file beneficial ownership information with the Companies and Intellectual Property Commission. This information will support Exxaro's supply chain management team in conducting due diligence and ensuring regulatory compliance.
Our focus for 2025 will be to: