Exxaro Resources unveiled details of its strategy for diversified growth, decarbonisation, sustainability and impact management at its shareholder Capital Markets Day in September 2021. The strategy presented to shareholders, is anchored on measurable and multi-stakeholder value creation. It is a direct response to climate change within the context of being a key player in South Africa’s economy and energy value chain while continuing to deliver value over the long term through sustainable growth and strategic impact management.
Core forces shaping the strategies are energy transition, climate change and the Just Transition in a shift to a low carbon future. At the core of the strategy is managing the embedded risk of carbon by diversifying earnings away from carbon-based commodities while also reducing the company’s carbon footprint.