Sustainable Development Report 2017
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Sustainable Development Report 2017 Supplement to the Annual Integrated Report 30 June 2017 2017 sustainability performance summary • Total CO2 intensity 0.1782 t/t milled • Energy intensity 0.8577 t/t milled • Direct SO2 9 fatalities 0.0016 t/t milled • Water intensity Lost-time injury frequency rate 0.0023 ML/t milled 5.92 • 46% total water per million man-hours (including contractors) consumed is recycled • 54% historically disadvantaged South Africans and 21% Training and development spend: women in management (SA operations) R548 million in South Africa • Group employee turnover rate 8.6% $4.84 million in Zimbabwe • 100% B-BBEE recognition level (4) South Africa • BEE procurement Expenditure on housing: expenditure in South Africa R6.7 billion; R265 million 76% of total in South Africa discretionary spend • $133 million spent with local indigenous suppliers (51% indigenous ownership) in Zimbabwe / 1 Implats Sustainable Development Report 2017 Contents 2 Our vision, mission and purpose Impala Platinum Holdings (Implats) 2 Our strategy is one of the world’s foremost Overview producers of platinum and associated 4 Our approach to reporting platinum group metals (PGMs). 6 Our business at a glance We are listed on the JSE Limited 8 Statement by chairperson social, transformation (JSE) and we are a constituent of and remuneration committee 12 CEO statements the FTSE4Good Emerging Index. Our governance and management approach We have incorporated the following symbols indicating our strategies and objectives through this report: 16 Sustainability governance 19 Promoting ethics and good governance Our strategic objectives 20 Respecting human rights SOCIAL LICENCE 20 Engaging our stakeholders 22 Our material sustainability issues Improve Cash Maintain our Investment Maintain efficiencies conservation social through the optionality through licence to cycle and position Safe and effective people who respect and care operational operate for the future excellence and Training and development spend: 26 Employee and contractor safety safe production 32 Employee health and wellbeing FEEDBACK 34 Attracting, retaining and developing talent We welcome your feedback to make sure we are covering R548 million the things that matter to you. 36 Investing in employee relations in South Africa Go to www.implats.co.za or email [email protected] 37 Promoting diversity and transformation for the feedback form, or scan the code on the left with your smart device. $4.84 million Social capital and licence to operate 40 Our economic and social value added in Zimbabwe 42 Investing in community development 47 Accommodation and living conditions 49 Procurement, enterprise and supplier development 53 Social legal compliance Expenditure on housing: Conserving natural resources and mitigating impacts 56 Environmental legal compliance R265 million 57 Water stewardship in South Africa 58 Energy management and climate change 60 Air quality management 61 Managing our waste 62 Land management and biodiversity Appendix 63 Performance data 66 Independent assurance statement Monorail at 14 Shaft – Impala Rustenburg 2 / Implats Sustainable Development Report 2017 Our strategy Our vision is to be the world’s best platinum producing company, delivering superior returns to stakeholders relative to our peers. Our strategic Improve efficiencies SOCIAL LICENCE Maintain optionality through operational Cash Maintain our social Investment objectives and position excellence and safe conservation licence to operate through the cycle for the future For more information please refer to the production RA LA 2017 Integrated Report Key material matters Human Resource Safety and health Progress with Production and Employment and Workforce Political climate Future metal Cost control Capex programme For more information please refer to page 20 of Development initiatives transformation in performance procurement reduction and in Zimbabwe and prices, and PGM measures 2017 Sustainable Development Report and the South Africa and opportunities industrial South Africa supply and stakeholder engagement section of the indigenisation in relations climate demand dynamics 2017 Integrated ReportRA LA Zimbabwe Partnerships for the goals Peace and justice Our contribution towards No poverty the SDGs is primarily through: No hunger Life on land • The valuable resources that we produce (see page 6) Good health • Direct and indirect employment created Life below through our workforce and supply chains water Quality (see pages 36 and 51) UNITED NATIONS education • Taxes and royalties paid to our host SUSTAINABLE governments (see page 41) Protect DEVELOPMENT Gender • Social investment and preferential the planet equality procurement in our host communities GOALS (see page 40) Clean water and sanitation • Respecting human rights (see page 20) Responsible consumption • Ensuring ethical business practices Clean energy (see page 19) economic gr Good jobs and • Minimising our environmental footprint e Sustainable (see page 54) cities and communities owth Reduced inequalities r u t c u r t s a r f n i Innovation and / 3 Implats Sustainable Development Report 2017 Our mission Our purpose is to safely mine, process, refine, recycle and market our is to safely and responsibly produce platinum products at the best possible cost ensuring sustainable group metals (PGMs) to make a meaningful value creation for all our stakeholders. contribution to the sustainability of our planet. Our strategic Improve efficiencies SOCIAL LICENCE Maintain optionality through operational Cash Maintain our social Investment objectives and position excellence and safe conservation licence to operate through the cycle for the future For more information please refer to the production RA LA 2017 Integrated Report Key material matters Human Resource Safety and health Progress with Production and Employment and Workforce Political climate Future metal Cost control Capex programme For more information please refer to page 20 of Development initiatives transformation in performance procurement reduction and in Zimbabwe and prices, and PGM measures 2017 Sustainable Development Report and the South Africa and opportunities industrial South Africa supply and stakeholder engagement section of the indigenisation in relations climate demand dynamics 2017 Integrated ReportRA LA Zimbabwe Supporting global goals for sustainable development The United Nations Sustainable Development Goals (UN SDGs) set a sustainable agenda to end poverty, protect the planet and ensure prosperity for all by 2030. Implats is committed to playing its role in the attainment of the goals, supporting government and working with other stakeholders to build better societies. Our values We respect We care • All our stakeholders, including: • For the health and safety of all our stakeholders – Shareholders • For the preservation of natural resources – Employees and their representative bodies • For the environment in which we operate – Communities within which we operate • For the socio-economic wellbeing of the communities – Regulatory bodies within which we operate – Suppliers and customers – Directors and Management We strive to deliver – All other interested and affected parties • A safe, productive and conducive working environment • The principles of the UN Global Compact • A fair working environment through equitable and • The laws of the countries within which we operate competitive human capital practices • Company policies and procedures • On the development of our employees • Our place and way of work • Positive returns to our stakeholders through an • Open and honest communication operational excellence model • Diversity of all our stakeholders • On our commitments to all stakeholders • Risk management and continuous improvement • On our capital projects philosophies • Quality products that meet or exceed our customers’ expectations 4 / Overview Implats Sustainable Development Report 2017 Our approach to reporting This Implats Sustainable Development Report provides Measurement units stakeholders with a frank account of our management Monetary amounts referred to in this report have been approach and performance on our most significant social, expressed in South African rand (R) and US dollars (US$). economic and environmental impacts, and on those Where appropriate, and to facilitate comparability, we have sustainability issues of material interest to our stakeholders. presented the amount in South African rand (R). During the The report forms an important part of our annual integrated reporting period, the average cost of US$1 was R13.64. We reporting process, and ideally should be read in conjunction have used a total production of 21 061 kilotonnes milled (this with our Integrated Report 2017. includes tonnes of ore milled at Mimosa) to calculate intensity or efficiency ratios for energy, carbon dioxide and water. We Boundary and scope have used a total production of 18 332 kilotonnes milled (this The information in this report relates to the financial year excludes tonnes milled at Mimosa) to calculate the intensity or 1 July 2016 to 30 June 2017. The report covers the following efficiency ratios for direct sulphur dioxide as Mimosa’s operations over which we have direct management control contribution is zero. Performance data is for the respective and for which we set and implement policies and standards: financial year period unless calendar year data is specified. Impala, Marula, Zimplats and Mimosa. Our previous Sustainable Development Report was