INVESTORS AND MEDIA Media releases
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) has been ranked 4th in the mining sector of the 2011 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 last week, indicates that Gold Fields sustainability practices rank in the top 5 percent of resources companies worldwide. It is also the top South African-listed mining company on the DJSI.
This is the first time that Gold Fields has participated in the DJSI assessment, which is carried out by investment firm Sustainable Asset Management on behalf of the Dow Jones Index. Launched in 1999, the DJSI ranks the performance of global sustainability leaders, through an annual assessment of the world’s 2,500 largest public companies. Among other factors, it measures management practices surrounding economic, environmental and social engagement approaches.
Gold Fields 81 percent rating qualifies it for a Silver Class award, which implies that it is within five percentage point of the sector leader. The mining sector leader is UK-listed Xstrata with a rating of 85 percent.
“We have set a strong performance in the DJSI as a milestone on our journey to be the global leader in sustainable gold mining, so our 4th place ranking in our first assessment indicates 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.”