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Strategic framework of key elements

 
  AREA KEY ISSUES
  Social impact management   Direct and indirect effects on community and society (operations, social stability and influence on family life, housing and living conditions).  
  Employment equity   Equitable recruitment and employment practices to meet legislative targets for employing and developing individuals from designated groups.  
  Natural environment   Understanding our impact on the physical environment and conforming to nationally and internationally recognised standards, policies and measures to address detrimental environmental effects, and ensure sustainable development of our operations.  
  Ownership and control by historically disadvantaged South Africans   Managing the black economic empowerment imperative in South Africa through ownership control and management participation.  
  Stakeholder engagement   Implementing effective and transparent engagement, communication and independently verified reporting arrangements with stakeholders.  
  Natural resource management   Responsible use of non-renewable mineral and other natural resources.  
  Business sustainability   Ensuring our long-term financial viability; contributing value to all stakeholders; and accounting for the distribution of value created through business activities.  
  Mine closure   Our aim is to leave self-sufficient communities after mine closure with appropriate infrastructure, skilled people and rehabilitated land.  
  Social development/ national social priorities  

In balancing our interests with those of our stakeholders, specific areas are guided by the social needs of the community, and by the national priorities of society at large, including:

  • Education, training and skills development
  • Healthcare promotion, particularly HIV/ Aids programmes
  • Job creation
  • SMME (small, medium and micro enterprises) and other business opportunity development
  • Conservation of the environment, including awareness programmes
  • Infrastructure development, including schools, clinics, potable water, sanitation, etc.
 
  HIV/Aids   Approaching the pandemic on two levels: as a workplace issue (specifically preventative, educational and clinical support practices including antiretrovirals) and as a community issue.  
  Health and safety in the work environment   Exceeding legislative compliance on workplace conditions for employees to facilitate greater satisfaction, efficiency and productivity.  
  Labour relations   Managing the relationship with our employees and their representatives, to foster appropriate engagement, a climate of trust and widespread participation on issues of mutual interest.  
  Corporate governance   The extent and sophistication of Exxaro’s board, executive management and governance structures supporting our practice of triple bottom-line risk management.  
  Human resource development   The range and extent of training and skills development practices, moving beyond current job training requirements to include future and potential work orientation, personal skills development, and training in corporate citizenship and sustainable development.  
  Shareholders’ rights   Equal treatment of all shareholders and protecting their rights
  • specifically minority shareholders
  • through equal, accurate and timely disclosure.
 
  Supplier relations/ developmental procurement   Managing procurement processes and nurturing small enterprises and disadvantaged individuals, developing suppliers through preferential procurement.  
  Human rights   Ensuring basic human rights are respected by all direct operations.  
  Product stewardship   Ensuring business partners in our supply chain are themselves responsible corporate citizens.  
  Supply chain compliance   Ensuring business partners in our supply chain are themselves responsible corporate citizens.  
  Leadership in sustainability   Demonstrating our leading role in promoting and implementing corporate citizenship and sustainability as a business philosophy in our industry peer group, in our sector of operation, in our country and against international benchmarks and standards.  

 

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