Gold Fields top SA mining company on the Dow Jones Sustainability Index
Gold Fields Limited is the top ranked South African mining company on the 2015 Dow Jones Sustainability Index (DJSI), the most recognised measure of the sustainability performance of listed companies worldwide.
The DJSI performance, which was released at the World Economic Forum in Davos yesterday, indicates that Gold Fields sustainability practices rank with the best of resources companies worldwide.
The DJSI assessment, which is carried out annually by investment firm RobecoSAM, ranks the sustainability performance of the world's 2,000 largest companies. Among other factors, it measures management practices surrounding economic, environmental and social engagement approaches.
Gold Fields 81% rating (2014: 78%) qualifies it for a Silver Class award as it is within five percentage points of the mining sector leader, Canada’s Barrick Gold. This is the fourth successive year that Gold Fields has received a Silver Class award, which places the company in the Top 5 of globally listed mining companies.
"A strong performance in the DJSI is a milestone on our journey to leadership in sustainable gold mining, so our strong ranking shows that we are making good progress," says Gold Fields CEO Nick Holland.
"Implementing sustainable business practices at all our operations is essential if we are to succeed in being the gold company of choice for investors, communities and government. This incorporates high standards of safety and health practices, sound environmental stewardship and pro-active community engagement, including shared value creation with communities," Holland adds.