Gold Fields Limited · JSE:GFI
Gold Fields — Energy and Mines Africa (February 2022)
7 slides from Gold Fields's conference presentation, February 2022
Slide 1: Gold Fields' Decarbonisation Journey
GOLD FIELDS’ DECARBONISATION JOURNEY Chris Griffith, CEO February 2022
Slide 2: A Globally Diversified Gold Miner
A GLOBALLY DIVERSIFIED GOLD MINER Gold Fields Group Mines: 9 Projects: 1 Countries: 5 2020 att. production: 2.24Moz Listings: JSE, NYSE West Africa region Mines: Tarkwa, Damang, Asanko JV Americas region % Group production: 35% Mine: Cerro Corona (Peru) Project: Salares Norte (Chile) % Group product
Slide 3: Our Emission Reduction Journey Started in 2016
OUR EMISSION REDUCTION JOURNEY STARTED IN 2016 US$400m investment in completed energy projects by 2020 (GFL US$93m; PPA US$307m) = 10% absolute and 5% net Group emission reductions to date; 5% renewables in the Group energy mix in 2021 (2016: <1%) GRANNY SMITH AGNEW DAMANG & TARKWA • Installed 95MW
Slide 4: Decarbonisation Initiatives and Targets
DECARBONISATION INITIATIVES • Integration into strategy, business planning processes and capital programmes • Capital investments • Increase investment in renewables/ decrease reliance on fuels 2030 • Operational efficiencies TARGET BUDGET TO 2030 50% absolute emission US$1.2bn, of which US$320m is
Slide 5: The Challenge: Emissions Growth by 2030
THE CHALLENGE: With a 2.8Moz annual production profile, emissions will increase by 35% by 2030 (to 2.4Mt CO2e) Gold Fields Group emissions Forecast production (koz Au/year) Australia South Africa kt CO2e (extrapolated scenario) and koz gold (attributable) 2,800 koz/year West Africa Americas +35% koz
Slide 6: A Net Reduction of 30% by 2030
A NET REDUCTION OF 30% BY 2030 Stretch opportunities to fill gap • South Deep, 100% green electricity: 306 kt is only possible with a series of stretch initiatives • Gruyere, 78% green electricity: 88 kt to offset the anticipated growth in emissions • Source clean power for Damang: 112 kt • Source c
Slide 7: Conceptual Pathway to Net Zero by 2050
CONCEPTUAL PATHWAY TO NET ZERO BY 2050 1.8 Target 100% Clean Electricity (~2/3rd of current Scope 1 + 2 emissions) • Target > 70% green • Target 100% green plus export opportunities • Leverage disruptive technologies, but not 1.6 required to achieve 100% • Wind, solar, battery • Green hydrogen or lo
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