Slide 1: Gold Fields ESG overview
Gold Fields ESG overview NICK HOLLAND 19 October 2020
Slide 2: Forward Looking Statements
Forward Looking Statements Terms Of Use 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 docu
Slide 3: Agenda
Agenda Section 1: ESG Integration • ESG strategic priorities • External codes and standards • Corporate Governance Section 2: Social • Value Creation • Workforce • Community Relations • Shared Value • Human Rights Section 3: Safety & Health • Safety • Health • Covid-19 mitigation Section 4: Environm
Slide 4: Gold Fields’ ESG team
Gold Fields’ ESG team Name Title Naseem Chohan EVP: Sustainable Development Rosh Bardien EVP: People & Organisational Effectiveness Taryn Harmse EVP: Legal & Compliance Avishkar Nagaser EVP: Investor Relations & Corporate Affairs Andrew Parsons VP: Group Sustainable Development Allison Burger VP: Co
Slide 5: ESG Integration
Ss. ESG NZ Integration
Slide 6: Top five sustainability priorities
Top five sustainability priorities Safety & Health Energy Integrated Mine Water Societal & Climate Change Closure Stewardship Acceptance • Prioritisation of • Contain energy • Integrated • Security of supply • Build strong safety costs approach to mine • Water efficiency relationships with • Safety
Slide 7: Culture and human resources focus areas
Culture Top Human HR Culture Culture Resources Focus Areas priorities Culture Gold Fields ESG presentation | October 2020
Slide 8: Strategic objectives and 2020 Group Scorecard
Strategic objectives and 2020 Group Scorecard ESG objectives contribute to 55% of our Group Scorecard objectives FINANCIAL LAG INDICATORS Reduce debt Increase free cashflow margin Improve capital returns STAKEHOLDER Improve reputation with stakeholders (Analysts and investors, employees, government,
Slide 9: Board of Directors
Board of Directors King IV Code directs our approach to corporate governance • Gold Fields complies with the King IV Code of Corporate Governance • One tier board: 2 executive directors, 9 non-executive, of which 3 female • Independent, non-executive chairperson • Publicly available board diversity
Slide 10: Recognition of our achievements
Recognition of our achievements And the global standards and guidelines we implement and report against FTSE4Good Index Series Mining and Top 30 Responsible 4th among gold “Excellence” in Resources Investment Index miners Integrated sector award Reporting (4th year running) Awards 1st Report submitt
Slide 11: Report to Stakeholders
(e) BB28 Report to Stakeholders
Slide 12: Report to Stakeholders 2019/2020
Report to Stakeholders 2019/2020 Released our 1st Report to Stakeholders this week Report to Stakeholders • Contains our value creation to our key stakeholder groups – at both Group and national level • Key stakeholders: • Workforce • Host communities • Governments • Investors and analysts • Supplie
Slide 13: Stakeholder relations and engagement
Stakeholder relations and engagement Improving our reputation with key stakeholders Grievance Engagements management 2019 – 896 Engagements H1 2020 – 423 Continuous Each operation has Themes formal mechanisms Themes • Covid-19 to receive and • Wages and benefits • Compliance and approvals: address c
Slide 14: Total Value Creation and Distribution
In 2019, Gold Fields: • Created and delivered total economic value to its host communities equivalent to US$782m Total Value • 95% or 8,806 people of our employees are nationals of the countries in which we operate Creation and • 10% or US$254m of our total value distributed goes towards government
Slide 15: Profile of Gold Fields’ Workforce
Profile of Gold Fields’ Workforce Gold Fields Group workforce (H1 2020): 16,149, of which 5,597 are employees and 10,552 contractors Women among employees: 20%; Women in Mining: 53%; Women in Management: 20% Ghana South Africa Australia Peru Chile • 10% Women • 23% Women • 20% Women • 12% Women • 5%
Slide 16: Focus on value creation in host communities
Focus on value creation in host communities Host community procurement • Support areas where community suppliers can participate creates community • Identify community suppliers with ability to supply the mine jobs and supply • Provide skills development to close capability gaps opportunities Procur
Slide 17: Gold Fields’ Host Community Value Creation 2019
Gold Fields’ Host Community Value Creation 2019 2019 – a third of value creation stayed with host communities Community perceptions Host Community Value: US$782m Benefits to host 33% of Total Value communities in 2019 South Africa 22 • US$782m in value creation Community support rose from 33% • 676
Slide 18: Headline Shared Value investments
Headline Shared Value investments Key Shared Value programmes at our operations benefit stakeholders and the business Australia Ghana Peru South Africa Indigenous peoples: Road network Water provision Education • Reconciliation Action • 81km of roads rehabilitated • Drinking water to Cerro • Bursari
Slide 19: Human Rights
Human Rights Health & Safety 2019 performance highlights Workforce • Launched our Diversity and Inclusion Strategy Breaches by suppliers/ Human Resources • Developed a Sexual Harassment Policy contractors Community • 39% decline in community grievances • Grievance management practices assessed again
Slide 20: Safety and Health
Safety 03 and Health
Slide 21: Gold Fields’ safety
If we cannot mine safely, we will not mine! SAFETY SAFETY SAFE Gold SYSTEMS LEADERSHIP BEHAVIOUR ISO 45001 Courageous Stop & Fix Fields’ Safety Critical Leadership Vital Control Behaviours Management Live the safety Values Standards, Eliminating training & Show we fatalities & investigations care se
Slide 22: Safety performance
Safety performance Long-term improvements in fatalities and recordable injuries Number of Injuries and Severity Rate TRIFR per million man hours 140 138 Recent fatalities: 4,0 126 2019: Maria Ramela, South Deep 120 2020: Abel Magajane, South Deep 3,5 104 3,0 99 100 2,5 80 2,0 60 57 1,5 40 1,0 26 20
Slide 23: Health management at Gold Fields
Health management at Gold Fields If we cannot mine safely, we will not mine Manage both Silicosis claims occupational and settled in SA primary health at Tshiamiso Trust all our operations established 2015 2016 2017 2018 2019 H1 2020 Noise-induced hearing loss (NIHL) 6 9 5 13 6 3 Cardio-respiratory
Slide 24: Group Covid-19 statistics
Group Covid-19 statistics (cumulative up until 16 October 2020) Group and Americas Australia South Africa West Africa Group Galiano Tested 23 781 11 6 668 4 660 35 120 35 568 Positive 945 - 391 273 1 609 1 699 Negative 22 836 11 6 052 4 377 33 276 33 634 Awaiting results - - 225 10 235 235 Active ca
Slide 25: Gold Fields’ support for countries and communities
Gold Fields’ support for countries and communities No Covid-19 related retrenchments were implemented at Gold Fields; South Deep mine paid SMME providers and contractors as well as salaries to mine workers during lockdown Donations to Direct support to NGOs, government Awareness government and other
Slide 26: Environment
Environment
Slide 27: Environmental management
Environmental management Responsible stewardship of our natural resources and improved performance Serious environmental incidents 6 Improved Environmental 5 5 performance: Health & Safety Zero serious Scorecard for 4 3 (Level 3-5) leading indicators 3 environmental with lagging 2 2 2 incidents in 2
Slide 28: Energy
Energy Energy and climate change challenges facing the global mining industry Availability of Reliability of Affordability of Addressing energy energy supply energy energy’s climate impacts Group energy consumption Primary energy sources for electricity Key trends: Australia 5% 1% 12,498 12,178 11,6
Slide 29: Our climate change response
Our climate change response Climate-related risks are an immediate as well as a long-term issue • Target: reduce carbon emissions by a Group Scope 1 - 3 CO2 –e emissions CO₂e emissions and savings cumulative 0,640 MtCO2e between 2017 Mt Mt Cumulative emission savings of 0,641Mt CO₂e 1.96 1.96 1.94 –
Slide 30: Water stewardship
Water stewardship Responsible use of water for the benefits of the business and mitigating the impact on stakeholders in the catchment area Pillars Objective Gold Fields Water Stewardship • Cost efficiency (3% to 5% fresh water reduction) Strategy Water efficiency • Recycling and reuse of water (68%
Slide 31: Overview and management of Tailings Storage Facilities
Status as at Q3 2020 Overview and management of Independent engineers of record (EoRs) appointed for all TSFs. Tailings Storage Ongoing quarterly EoR meetings. Facilities (TSFs) Independent Review Board at Cerro Corona. Senior third-party reviewers appointed. Gold Fields’ operations (incl. J
Slide 32: Integrated mine closure planning
Integrated mine closure planning Responsible mine closure management, optimising liabilities through integrated mine closure planning and concurrent reclamation Mine closure plans Closure cost estimate Up-to-date mine closure plans Updated annually Growing consideration of social aspects Independent
Slide 33: Thank you
At the opening of the Tarkwa – Damang Road 2019 Thank you Download this QR code from your smartphone to gain quick access to our website Questions and answers