Slide 1: Gold Fields ESG Overview
Gold Fields ESG Overview Duncan Stevens, Puseletso Matete and Avishkar Nagaser December 2015
Slide 2: Forward looking statements
Forward looking statements Certain statements in this document constitute “forward looking statements” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. In particular, the forward looking statements in this document include
Slide 3: Charters
Charters Part of our Commitment to Stakeholders Investor Charter: ̵ To build a portfolio of productive mines ̵ To deliver on our commitments ̵ To provide superior returns Society & Community Charter: ̵ To build strong relationships and trust ̵ To create and share value ̵ To measure our actions and i
Slide 4: Gold Fields Sustainable Development Governance Framework
Gold Fields Sustainable Development Governance Framework External Reporting of Governance SD Framework Non Financial Structures Regional Procedures Performance Data & • Board & Sub • Sustainability & Compliance Information Committees Standards Monitoring • GRI • Exco • Policies & and • DJSI • Risk M
Slide 5: Internal and External Standards and Principles
Internal and External Standards and Principles • ISO 14001 all operations certified • Social and Labour Plans • International • Mining Charter (SA only) Cyanide Management Code: all eligible • Group Policies & operations are Guidelines (aligned to compliant ICMM and UNGC 10 principles) • Carbon Disc
Slide 6: Group Balanced Score Card
Group Balanced Score Card We follow an Integrated Approach Group Balance Score Card is aligned to the risks and integrated into the business Gold Fields ESG Overview | December 2015 6
Slide 7: Top Five Sustainable Development objectives aligned to Group Balanced Score Card & group-wide risks
Top Five Sustainable Development objectives aligned to Group Balanced Score Card & group-wide risks Responsible Mining Company of Choice Creating Shared Create shared value for our key stakeholders. Securing & Value maintaining a social licence to operate Energy & Carbon Reduce energy consumption an
Slide 8: Tracking Our Performance
Tracking Our Performance Key Focus Area Action Status Identify and implement Shared √ Value Projects In progress & on schedule Put Regional 5-year energy √ security plans in place In progress & on schedule Implement baseline assessments √ and put action plans in place In progress & on schedule Enhan
Slide 9: Safety Performance
Safety Performance Improvement from 2014 to YTD (end October 2015) is 15% GROUP 5,40 4,40 4,04 4,14 3,40 3,42 2,40 1,40 0,40 0,04 0,06 0,05 ‐0,60 2013 2014 2015 YTD Fatals frequency rate Total Recordable Injury Frequency Rate 2015 YTD 2014 2013 2012 Fatalities 2 3 2 0 Gold Fields ESG Overview | Dece
Slide 10: Group environmental performance
Group environmental performance Key Performance Indicators KPI 2014 2013 2012 Environmental incidents (Level 3) 4 3 6 Water withdrawal (Mℓ) 30,207 30,302 23,688 CO2 emissions (scope 1 and 2) ('000 tonnes) 1,258 1,235 1,233 CO2 emissions (scope 3) ('000 tonnes) 436 496 597 Carbon intensity (tonnes CO
Slide 11: 2014 gross closure cost liabilities operational contribution
2014 gross closure cost liabilities operational contribution Mine Closure Cost Estimation South Deep (8%) West Africa (23%) Americas (15%) Australia (54%) Three Year Group Closure Costs 2014 2013 2012 $391 million $355 million $278 million Gold Fields ESG Overview | December 2015 11
Slide 12: Highlights of 2015
Highlights of 2015 Salient features Ranked ninth in 2015 EY Excellence in Integrated Reporting Awards Carbon Disclosure Project: SA CDLI Score 100%, Performance A- Dow Jones Sustainability Index (DJSI): Company Score 80%, Percentile Ranking 86% Top ranked South African mining company in the 2015 Sus
Slide 13: IAR 2014: Material Issues – Cluster Score
IAR 2014: Material Issues – Cluster Score Material Issue Score Material Issue Score Health and safety 1.8 Social licence to operate 4.6 Industrial relations 1.9 Human rights due diligence on 5.2 investments Water management 2.9 Resettlement 5.2 Total value distribution 2.9 Materials 5.2 Employee dev
Slide 14: Current ESG Risks/Challenges Facing Gold Fields
Current ESG Risks/Challenges Facing Gold Fields Energy, Water and Social License ● Rising energy costs ● Energy supply constraints and disruptions Around 50% of the Group ● Carbon emission standards and regulation Risks are ESG Related! ● Stringent water emissions standards ● Increasing water scarci
Slide 15: Examples of Water Growing Risk
Examples of Water Growing Risk Growing Global Water Risk “We think water scarcity and broader environmental risks will continue to push up development and operating costs in the global mining industry as these trends become more pronounced” (Moody’s Investor Service) ‘Number 1 global risk in 2015 in
Slide 16: Water and Energy Overview
Water and Energy Overview Regions with Water and Energy Risks Energy Risk Integrated Group Energy and Carbon Strategy: Regional 5-year energy security plans in place. West Africa Increasing energy costs and security of supply South Africa Peru Water Scarcity Flooding: Rainy season West Africa flow u
Slide 17: Group Energy Spend
Group Energy Spend Electricity & Diesel 2012 – YTD Costs in Millions of Dollars 361 333 306 2012 2013 242,58 2014 YTD 2015 Group Total Australia South Africa South America West Africa Energy spend as a % of Group Opex – 2013:18% 2014: 21% & 2015 (YTD): 22% Gold Fields ESG Overview | December 2015 17
Slide 18: Other Energy Initiatives and the ICMM
Other Energy Initiatives and the ICMM We are a member of International Council on Mining and Metals (ICMM) In Australia ͌ Granny Smith gas power plant fuel GF is a signatory to a number of local conversion from diesel to gas initiatives that aim to encourage industry to completed (cost effective and
Slide 19: Proposed Carbon Tax Implications
Proposed Carbon Tax Implications South Deep Current The Carbon Tax Uncertainties on the Potential Carbon Emissions Proposal (2nd Nov Proposed Carbon Tax Implications for Profile 2015) South Deep • Scope 1: direct emissions • Phase 1 from 1 January • No timelines for • Exposure through from sources o
Slide 20: Management of Tailings Storage Facilities
Management of Tailings Storage Facilities Tailings dam failure at the BHP Billiton & Vale owned Samarco iron ore mine in Minas Gerais in Brazil Status of Gold Fields TSFs: • In September 2014 Gold Fields Corporate office initiated a group wide tailings facility audit, which includes all 15 operation
Slide 21: Thank You
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