As a leading global diversified resource company committed to sustainable development, Exxaro is committed to contributing to achieving the United Nations Sustainable Development Goals (SDGs). We participate in the National Business Initiative in South Africa to align the 17 SDGs with the country’s National Development Plan. Through our strategy, we will continue to support the country in implementing the National Development Plan and the most material SDGs. We employ leading practices in upholding the most material SDGs for our business to leave a lasting net positive impact.

In 2022, Exxaro made significant progress on our ESG journey. We achieved our target of reducing greenhouse gas emissions by 5% and are on track to achieve our net-zero emissions target by 2050. We continued investing in our people and communities, creating over 1000 new jobs.

Exxaro is a leader in business management with sound ESG principles that deliver sustainable economic returns and tangible benefits for all stakeholders. The group is ranked #1 for ESG performance-selected resource company metrics in terms of the FTSE Russell index. We conduct our business activities in a way that creates success for Exxaro and society. From how we mine to what we mine, we steward our natural assets and social capital to uplift our communities.

With a track record confirming that we deliver solid returns, Exxaro continues to present an outstanding investment opportunity. Our exemplary ESG performance is evident in our above-target safety performance, our management of COVID-19 risks, and our climate change response strategy, demonstrating our commitment to the Task Force on Climate-related Financial Disclosures (TCFD) guidelines. Selected key sustainability metrics have been independently assured by PwC (see the Assurance Report). This process confirms our commitment to continuously improving our reporting to our stakeholders.

Our ESG performance is benchmarked against our peers who exhibit the global best practices expected by responsible investors.

Global ratings agencies evaluate our ESG performance using publicly available information (annual reports, websites, and media) in line with various requirements.

In 2022, we were rated by FTSE Russell, Institutional Shareholder Services ESG, Moody’s, Vigeo Eiris, Sustainalytics, MSCI, the Bloomberg Gender-Equality Index (GEI) and the TPI.

The FTSE Russell ESG Index series measures our ESG risks and impact performance with a score out of five rated in terms of themes relevant to our mining context. The ESG report discloses performance against the relevant themes outlined below.