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 strategic commitment to delivering positive social and environmental impact. 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.

In 2023, we initiated a new three-year materiality analysis cycle and conducted a double materiality review to identify and prioritise the Group’s most material themes and matters. In 2024, we performed a high-level review to ensure their continued relevance, and in 2025, we completed an in-depth update to close the cycle.

Refer to our latest Integrated Annual Report and Sustainability Report here for further details on our materiality assessment.

Our materiality analysis

Our approach applies the principles of double materiality – assessing both how external factors could affect Gold Fields’ ability to create value (inward impact) and how our operations impact society, the environment and our stakeholders (outward impact).

The process combined a source-based analysis of internal and external inputs, and a materiality workshop with internal stakeholders, followed by management validation to confirm prioritisation and ensure alignment with Gold Fields’ strategic focus areas.

The review confirmed that our seven existing material themes, disaggregated into 26 material matters, remain robust and closely aligned with our strategy and stakeholder expectations, though several refinements were made to sharpen focus and ensure consistency. These include wording adjustments, combining overlapping matters and recognising three emerging material matters that reflect our evolving business context.

Our material themes

Our material matters are grouped into themes that reflect the focus areas of our business. The table below provides an overview of material matters in order of priority together with a view of time horizons and type of impact per matter.

Material matters and themes	Type of impact	Time horizon
Protecting the health, safety and wellbeing of our employees and business partners
Physical safety and health
Psychological safety and respectful workplaces
Managing our employees and business partners
Attract, retain and develop talent and skills, including remuneration and reward
Labour practices and relations
Business partner integration
Diversity, equity and inclusion
Creating positive impact for host communities
Community engagement and relations
Host community employment and procurement
SED
Respecting the rights of our stakeholders
Human rights
Indigenous Peoples, culture and heritage
ASM
Committing to sound environmental practices
Nature and biodiversity management
Tailings management and emergency preparedness
Climate adaptation and resilience
Water stewardship
Energy and carbon management
Ensuring business resilience
Geopolitical context and licence to operate
Sustainable returns for shareholders
Life expansion and exploration
Modernisation, innovation and technology
Responsible and resilient supply chain
Integrated mine closure planning
Cybersecurity
Upholding sound corporate governance principles
Ethics and compliance
Board and leadership effectiveness and succession

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 business partners		Physical safety and health		Safety, health and wellbeing
		Psychological safety and respectful workplaces
Creating positive impact for host communities		Community engagement and relations		Community engagement and relations
				Stakeholder engagement and relations
		Host community employment and procurement		Host community value creation
		Socio-economic development
Managing our employees and business partners		Diversity,equity and inclusion		Diversity, equity, inclusion and belonging
		Attract, retain and develop talent and skills including remuneration and reward		Attract, retain and enhance talent and skills
		Labour practices and relations		People management
		Business partner integration		Management approach under development
Respecting the rights of our stakeholders		Indigenous Peoples, culture and heritage		Indigenous Peoples, culture and heritage
		Human rights		Human rights
				Security
		Artisanal and small-scale mining (ASM)		Artisanal and small-scale mining
Committing to sound environmental practices		Nature and biodiversity management		Nature and biodiversity management
		Tailings management and emergency preparedness		Refer to the Tailings management section in our 2025 SR
		Climate adaptation and resilience		Climate risk and energy and carbon management
		Energy and carbon management
		Water stewardship		Water stewardship
				Environmental stewardship
Ensuring business resilience		Geo-political context and licence to operate		Refer to the Risks and opportunities section in our 2025 IAR
		Responsible and resilient supply chain		Materials stewardship and supply chain
		Sustainable returns for shareholders		Refer to our 2025 IAR
		Life expansion and exploration		Management approach under development
		Integrated mine closure planning		Integrated mine closure planning
		Modernisation, innovation and technology		Management approach under development
		Cybersecurity
Upholding sound corporate governance principles		Board and leadership effectiveness and succession		Refer to Our Remuneration Report in the 2025 IAR
		Ethics and Compliance		Ethics conduct and integrity
				Compliance governance