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Gold Fields endorses ICMM climate change commitments - Market Screener

Tuesday, 5 October 2021

Johannesburg, 5 October 2021: Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) and its peers in the International Council on Mining & Metals (ICMM), today issued a joint commitment to a goal of net zero carbon emissions by 2050 or sooner.

In an open letter signed by all 28 CEOs of its member companies - comprising the world's leading mining and metal firms - the ICMM made a collective commitment to zero Scope 1 and 2 emissions in line with the ambitions of the Paris Agreement on climate change.

The ICMM also published an updated climate change Position Statement. The ICMM's open letter, position statement and media release are available at

"This is a critical commitment as climate change is the defining societal issue of our time. As humankind we must therefore act collectively and decisively to turn around the global warming trajectory,

which is currently well in excess of 2ËšC, before it's too late," says Gold Fields CEO Chris Griffith.

Gold Fields will continue to invest in large-scale renewable energy projects at our operations, as we have done at Agnew and Granny Smith in Australia, as well as the projects we have underway at Gruyere in Australia, at South Deep in South Africa and at our Salares Norte project in Chile.

"These projects form part of our journey to radically reduce our Scope 1 and 2 CO2 emissions at all our operations by 2030 and to reach net zero by 2050, if not earlier," Griffith says.

"We will also work with our peers in the industry, with equipment manufacturers, research organisations, universities and NGOs to further develop ways of reducing our carbon footprint, particularly by introducing zero emission vehicles at our mines," he adds.

Earlier this year, Gold Fields released its high-level environmental, social and governance (ESG) priorities, including on climate change, accompanied by wide-ranging objectives and strategic intents.

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