For the 10th consecutive year, Sibanye-Stillwater has been included in the FTSE4Good Index Series, which highlights companies demonstrating leadership in sustainability.
Companies included in the FTSE4Good Index Series display strong environmental, social and governance (ESG) practices measured against international standards.
Conducted by global data provider FTSE Russell, FTSE4Good Index Series evaluations are based on performance in areas like corporate governance, health and safety, anti-corruption and climate change.
The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
“We are pleased with our continued inclusion in the FTSE4Good Index, which demonstrates the Group’s ongoing commitment to improvement through our actions and transparent reporting,” Sibanye-Stillwater chief executive officer (CEO) Neal Froneman said.
South African company Harmony Gold also made the FTSE4Good Index Series for the eighth consecutive year.
“Harmony’s inclusion in the FTSE4Good Index Series is testament to our consistent and measurable progress in sustainability practices,” Harmony Gold CEO Beyers Nel said.
“We have maintained an impressive percentile rank of 93 within the Industry Classification Benchmark super-sector, surpassing both industry and sub-sector averages across all ESG pillars.
“As a purpose-driven mining company, we are committed to sustainability and the proactive management of material risks and opportunities. Our focus is on creating long-term value and delivering a lasting positive impact for all stakeholders.”
Harmony Gold’s inclusion on the FTSE4Good Index Series comes as the company is finalising its acquisition of MAC Copper, owner of the CSA copper mine in New South Wales, for approximately $US1.03 billion ($1.52 billion).
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