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| Sustainability |
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Sustainable Development |
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We approach each project in a holistic, integrated and sustainable
approach rather than in an isolated fashion ensuring
that the interests of the Company are balanced against
the social interests. Whilst the Company has a responsibility
in how it will employ its financial resources in the
implementation of the project, it has an even greater
responsibility in ensuring that sustainable practices
are implemented in terms of the environment, labour practices,
downstream economic development and other social responsibilities.
The Company is committed to being a responsible corporate
citizen. We believe that the extractive industries have
a particular responsibility to ensure that value creation,
for all stakeholders, takes place in a socially and environmentally
responsible manner. The Company supports the requirements
for triple bottom line reporting as recommended by the King
Report on Corporate Governance 2002. The group’s activities
are guided and circumscribed by the relevant legislation,
including the MPRDA and the Mining Charter.
The Company constantly reviews its activities in an attempt
to maximise the beneficial impact it can make as a responsible
corporate citizen. This is achieved through the implementation
of a structured corporate social responsibility programme
that promotes the socio-economic sustainability of those
communities who surround the mining operations. The programme
is geared to integrate social and environmental concerns
into its business operations and in its interaction with
stakeholders on a voluntary basis.
This means going beyond the legal compliance expectations and investing in
human capital, the environment and relations with stakeholders. The company favours
the following project types that:
- Develop enterprise and creates employment – particularly
those allied to coal mining and development of small
scale mining opportunities.
- Build Infrastructure
- Enhance safety and security
- Are aligned with government and community development
programmes
- Are unbiased and do not serve narrow interests
of specific religious formations or political parties
- Have long term benefit potential
- Are capable of sustaining themselves in the short
to medium term
- Protect and improve the health and safety of their
employees and surrounding communities (including providing
programmes and assistance in respect of HIV/Aids as
well as the development of nutrition programmes);
- Raise the level of education and develop the skills
of employees and community members
- Increase the participation of historically disadvantaged
South African (HDSAs) at all levels.
- Create direct and indirect employment in its market
segment
- Procure from BEE suppliers in areas of operation
- Protect and sustain the environment
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