Exxaro Resources: Most Responsible Mining Leadership South Africa 2019
Exxaro Resources’ purpose is “to power better lives in Africa and beyond”. The diversified group is based in South Africa, with mining operations in coal, iron ore, zinc, and titanium dioxide spread across Europe, America and Australia. Exxaro has established itself as a global industry leader on the FTSE Russell ESG index, averaging nearly twice the points in corporate peer comparisons of overall ESG rating and environmental and social metrics. The group off sets the environmental impact of mining through comprehensive programmes that set ESG guidelines for operations and a plan for the land’s eventual rehabilitation. Exxaro recognises the global threat that climate change represents and has pledged to be a catalyst for a cleaner future. In 2012, Exxaro bought a partnership stake in two wind farms in South Africa, and this year took full ownership of the assets with a $105m investment. The group aspires to safeguard the planet for generations to come and empower people through educational outreach. Exxaro counts its team as its greatest resource, and it has invested over $26m in socio-economic development initiatives designed to create communities of competitively skilled professionals. Exxaro is listed on the Johannesburg Stock Exchange and included in the FTSE/ JSE Responsible Investment Index. The CFl.co judging panel presents Exxaro Resources with the 2019 award for Most Responsible Mining Leadership (South Africa).