Management approaches

Our commitment to sustainability is driven by an understanding of our most significant environmental, social and economic impacts.

Through regular materiality assessments that align with the Global Reporting Initiative (GRI) Universal Standards, we identify what matters most to our business and our stakeholders. Our GRI-aligned management approaches are designed to systematically address these priority topics, ensuring we manage our resources responsibly, foster positive stakeholder relations and create enduring value for our key stakeholders.

We review and update our GRI-aligned materiality analysis annually, which is driven and informed by Gold Fields' purpose and our commitment to leading environmental, social and governance (ESG) practices, reporting standards and frameworks. Material matters are those issues that could substantially impact Gold Fields’ outward influence on society, our host communities and the environment (including human rights), as well as our ability to deliver on the Group’s three strategic pillars and create value for our stakeholders over the short, medium and long term. Management of these issues is also critical in our ability to deliver on the Group's three strategic pillars and create value for our stakeholders over the short, medium and long term.

Refer to our Integrated Annual Report for detailed progress against our 2024 ESG targets.

In 2023, we initiated a new three-year analysis cycle and conducted a double materiality review to identify the Group's material matters. The results of the analysis further serve to inform Gold Fields' business plans and strategies, as well as our approach to external reporting.

Our materiality analysis

As a first step, we analysed both our internal and external operating context and identified our material matters. These were interrogated by key internal stakeholders and aggregated into seven material themes. The material themes and matters were prioritised through engagement with our stakeholders.

Stakeholder Engagement

At the start of the 3 year materiality assessment cycle (2023) we compiled and sent a survey to key stakeholders to assess the potential material matters identified in the desktop review. The survey was anonymous and available in both English and Spanish, and covered seven material themes and 29 material matters. The survey was sent to stakeholders representing the following categories: our Board and Executive Committee; investors, shareholders, capital providers or analysts; non-governmental organisations; media; host communities (including Indigenous Peoples); employees and contractors; organised labour; business partners, suppliers or vendors; and governments and regulators. These stakeholders were based across the countries in which the Group operates.

Review of material issues by management

Management takes a structured and transparent approach to reviewing material issues. A detailed output report is prepared to capture the results of the stakeholder survey, ensuring that the perspectives of key stakeholders are considered. These findings are then shared with the Board for review, approval and sign-off, forming an important part of the Group's integrated reporting process.

We then report on material issues in Gold Fields' annual reporting suite.

Our material themes

Read more about our 2024 material themes and matters here .

How we manage what is material

Below, we outline the key material themes and matters most important to our business and stakeholders. Each item links to detailed management approaches, providing insight into how these critical areas are managed and monitored. Where specific management approaches are not separately documented, links are provided to the relevant sections within the Gold Fields' reporting suite.

Material themes		Material matters		Related management approaches
Protecting the health, safety and wellbeing of our employees and contractors		Physical safety		Safety, health and wellbeing
		Health and wellbeing
		Psychological safety
Creating enduring value for host communities and governments		Host government engagement and value creation		Refer to the Governments section in our 2024 IAR
		Community engagement and relations		Community engagement and relations
		Host community employment and procurement		Host community value creation
		Socio-economic development
Managing our human capital		Diversity, equity and inclusion		Diversity, equity, inclusion and belonging
		Attract, retain and enhance talent and skills		Attract, retain and enhance talent and skills
		Remuneration and reward		Refer to our Remuneration Report in our 2024 Governance and Remuneration Report
		Labour practices and relations		People management
Respecting the rights of our stakeholders		Culture and heritage		Indigenous Peoples, culture and heritage
		Indigenous Peoples
		Human rights		Human rights
				Security
				Artisanal and small-scale mining
Committing to sound environmental practices		Nature and biodiversity management		Nature and biodiversity management
		Tailings management		Refer to the Tailings management section in our 2024 IAR
		Climate risk		Climate risk and energy and carbon management
		Energy and carbon management
		Water stewardship		Water stewardship
				Environmental stewardship
Ensuring business resilience		Social and political risks		Refer to the Risks and opportunities section in our 2024 IAR
		Our management approach to materials stewardship and supply chain		Materials stewardship and supply chain
		Delivering on our strategy and creating financial value for shareholders		Refer to our 2024 IAR
		Integrated mine closure planning		Integrated mine closure planning
		Modernisation, innovation and technology		Management approach under development
		Cybersecurity
				Stakeholder engagement and relations
Upholding sound corporate governance principles		Leadership and succession planning		Refer to our 2024 Governance and Remuneration Report
		Board structure and composition
		Legal and regulatory compliance		Compliance governance
		Executive remuneration		Refer to our Remuneration Report in our 2024 Governance and Remuneration Report
		Ethics, transparency and integrity		Ethics conduct and integrity