Sustainability overview

Our ESG Charter

Sustainability has long been part of Gold Fields’ way of doing business, and ESG is integrated into the operational management of our mines and projects. Over the past few years, ESG has become increasingly critical to our stakeholders. In response to this, we pivoted from a functional approach to one that is strategic and makes a leading commitment to ESG.

The Company’s long-term success depends on successful management of ESG. In December 2021, we took a significant step by committing to a range of 2030 ESG targets for our six key priority areas, which we started implementing in 2022. You will find the detailed targets and update on our performance at: https://www.goldfields.com/gold-fields-2030-esg-targets.php.

• To create enduring value beyond mining, as our purpose statement compels us, we must address the following:
• The urgent need to mitigate our operations’ impact on the environment and the communities around them, including focusing on climate change, tailings management, water stewardship, nature and integrated mine closure
• Issues of broader societal responsibility, including ensuring the safety, health and wellbeing of our people, a diverse workforce, and addressing the needs and expectations of our stakeholders – particularly our host communities
• The importance of entrenching and strengthening sound governance across the Company.

Our stakeholders – including employees, communities, governments, investors and civil society – increasingly demand we pay greater attention to ESG. Furthermore, these stakeholders require that we transparently disclose the impact of ESG, have mitigation measures in place and integrate ESG into our business strategy.

SUSTAINABLE DEVELOPMENT POLICY STATEMENT

Our Sustainable Development Policy Statement was updated in 2023.

Gold Fields Limited seeks to operate in a manner that represents a platform for responsible and ethical investment. Our strategy is to integrate sustainable development principles into strategy, business planning, management systems and decision-making processes to maintain our licence to operate and leave a positive legacy. The results will be an appropriate balance of the company’s requirements to perform financially, to manage the environment responsibly and to ensure broad social benefit.

The sustainable development strategy supports Gold Fields’ overall business strategy and is designed to deliver reduced and stabilised costs, community acceptance, sustainable use of natural resources, managed asset liabilities as well as strengthen Gold Fields brand. The five key elements of the strategy are:

Our objectives		Priorities
Energy and climate change		Maintain security of supply Stabilise energy costs Drive renewables and lower carbon energy mix Start managing climate change adaptation risk
Social acceptance		Build strong community and government relationships Drive impact through shared value Enhance stakeholder engagement and communications
Water stewardship		Achieve freshwater withdrawal and recycling/reuse targets Achieve water security through catchment approach
Integrated mine closure		Business wide integrated approach Liabilities optimised through progressive closure and rehabilitation Address social closure
Integrated approach		Achieve collaboration across disciplines Regional leadership Integrated planning

To ensure our strategy is effectively implemented and monitored, we have a well-defined sustainable development framework. Our framework consists of four key pillars that are interconnected and operate together to ensure we manage sustainable development is a manner that protects our licence to operate and reputation.