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Gold Fields In Top 20% of JSE Socially Responsible Investment Index

Gold Fields In Top 20% of JSE Socially Responsible Investment Index

Published 05-19-05

Submitted by Gold Fields Limited

JOHANNESBURG - Gold Fields Limited (GFI: NYSE and JSE) is pleased to announce that the company has been ranked in the top 20% of high environmental impact companies in the second round of the JSE Socially Responsible Investment Index. For this round the JSE has recognized the SRI Index performance of the top, middle and low environmental impact companies.

The Index is constituted of companies that form part of the FTSE/JSE All Share Index and who meet the requirements of having integrated the principles of socially responsible investment and sustainability into their business practices. The index was compiled after an exhaustive process of research and assessment by Sustainability Research and Intelligence (SR&I), and subsequent independent assurance by KPMG.

Ian Cockerill, Chief Executive Officer of Gold Fields said: "Our leading achievement on the JSE SRI Index demonstrates our commitment to converting our policies and principles into sustainable business practices which have become a necessary part of doing business not only in South Africa but around the globe. We whole heartedly support this process."

Gold Fields corporate citizenship initiatives include:

  • An extensive corporate social investment programme benefiting many communities in far-flung and remote rural parts of Southern Africa;
  • An innovative venture capital programme aimed at establishing new businesses in mining communities, which can grow into industries to eventually replace mining as the main source of economic activity in these communities. The Living Gold cut rose facility in Merafong, which has more than 300 employees, is an example of such a non-mining alternative livelihood project;
  • Gold Fields has been a leader in the field of HIV AIDS in South Africa with a comprehensive programme encompassing all facets of prevention and treatment. An estimated 1,600 employees are enrolled in the Company's HIV/Aids Wellness programme; and
  • Gold Fields has over the past two decades been a pioneer in the support and promotion of environmental education throughout Southern Africa and has been instrumental in establishing more than 20 environmental education facilities and programmes throughout the SADC region. One such example is the Gold Fields Participatory Course in Environmental Education run by the Gold Fields Environmental Education and Sustainability Unit at Rhodes University which has been attended by thousands of students over the past ten years.

    "Our vision at Gold Fields to be a leading, globally diversified, precious metals producer through responsible and sustainable development of our assets is recognized by this achievement. Our adoption of a holistic strategy for the sustainability of our company, our environment and our communities has yielded tremendous benefit for the transformation of our business in the longer term," said Cockerill.

    Contacts:

    South Africa
    Willie Jacobsz
    Tel +27 11 644-2460
    Fax +27 11 484-0639

    North America
    Cheryl A Martin
    Tel +1 303 796-8683
    Fax +1 303 796-8293

  • Gold Fields Limited

    Gold Fields Limited

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