Our Business Strategy
Our Vision:
To produce resources that Power a Clean World. Powering Better Lives in Africa and Beyond is our purpose.
This is what drives our ambition to provide resources (beyond just commodities) that are critical in a low-carbon world.
Our Sustainable Growth and Impact strategy enables us to deliver on this vision and our success lies in the strength of organisations’ our culture and values. Through our strategy, we aim to transform Exxaro in a systematic and integrated manner into a diversified company that will transition from a coal base to a minerals and renewable energy solutions business that will thrive in a low-carbon future.
Guided by our purpose to Power Better Lives in Africa and Beyond, we understand that we cannot grow sustainably without deliberately creating a positive impact in the environment and communities we serve. We remain committed to responsibly maximising the value of our coal assets whilst we play an active role in creating a future which enables our vision – “Resources Powering a Cleaner World.”
Strategic Objectives
To create sustainable growth and impact, we are focusing on five objectives.
Transition at speed and scale
We will further evolve into a recognizable, diversified minerals and energy business at a pace that will enable us to capture significant growth opportunities while ensuring a just transition
Develop a thriving minerals and energy business
We will enhance focus on our core delivery areas: minerals and energy. We will be doing this by using a prudent portfolio management and capital allocation approach as well as operational excellence using innovation and technology.
Empower people to create impact
Our people are equipped with the capabilities, mindset, and passion to achieve our purpose.
Be a catalyst for environmental stewardship and economic development
Impact is intrinsic to our business investments and activities. We achieve diversity and inclusion, socio-economic impact, and environmental stewardship in the delivery of our strategy.
Become carbon neutral by 2050
Actively manage our scope 1 and scope 2 carbon emissions and reduce the volume of potable water consumed in our operations to achieve carbon neutrality by 2050.
