Exxaro Resources Limited
Environmental, social and governance report for the year ended 31 December 2025 
Managing ESG

Managing ESG

Why this matters

Mining and energy operations have environmental and social impacts that require responsible management to protect long-term value, sustain community trust and maintain a strong social licence to operate.

A robust ESG approach helps Exxaro reduce emissions, manage climate risks, strengthen governance and create meaningful socio‑economic benefits. It also enables us to meet the rising expectations of investors, regulators and other stakeholders.

By integrating ESG into strategy and performance, Exxaro enhances resilience, competitiveness and credibility as we transition towards a low-carbon future.

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Significant milestones on our ESG journey over the past five years
ESG
  2020 2021 2022 2023 2024 2025
  Environment          
 
  • Acquired a controlling interest in Cennergi
  • Optimised operations to run more efficiently to target scope 1 and 2 emissions reduction
  • Implemented short‑term incentive (STI) scheme KPIs to track water and energy targets
  • Launched the Lephalale solar project to reduce our emissions and add to selfgenerated capacity
  • Developed our decarbonisation roadmap and plan
  • Approved and implemented our decarbonisation roadmap
  • Commissioned the LSP at Grootegeluk (68MW)
  Governance          
 
  • Board effectiveness initiatives, including a redesign of our board committees and its composition
  • Leadership DEI capacity building
  • Established an ESG committee and portfolio management office (PMO)
  • Incorporated ESG objectives with key steps into our Sustainable Growth and Impact strategy
  • Enabled DEI governance structures
  • Approval of Exxaro’s policy framework
  • Amended our greenhouse gas (GHG) accounting policy to strengthen scope 1, 2 and 3 reporting alignment