4 December 2012 - The global Carbon Disclosure Project (CDP) rates Gold Fields as one of the best performers among the top 100 companies listed on South Africa's Johannesburg stock exchange. The global CDP organisation, which is supported by 655 global financial investors, annually ranks almost 6,000 of the world's largest companies in 60 countries according to their disclosure of carbon emissions as well as their carbon adaptation and mitigation strategies. In South Africa the CDP is supported by the National Business Initiative.
The JSE Top 100 Carbon Disclosure Leadership Index (CDLI) ranks companies listed on the JSE in South Africa on their disclosure of carbon emissions. This year Gold Fields was ranked second, with a score of 99 out of a 100, after having been in first place in both 2011 and 2010. The winner this year was Exxaro Resources.
The CDP also evaluates companies based on their strategies and projects to mitigate the impact of climate change. In this ranking, the Carbon Performance Ratings, Gold Fields is the only JSE Top 100 companies to be placed in the top band for three years running.
"This ranking is critical for us, as it shows that we are not just transparent about disclosing our carbon footprint but that we are also doing something about it," says Gold Fields CEO Nick Holland. "In South Africa electricity can be seen as a proxy for carbon and since we have reduced our electricity consumption by over 17% over the past five years this has had a beneficial impact on our carbon emissions."