Modern Mining December 2021

Exxaro maintains commitment to United Nations’ Global Compact

Exxaro Resources has fulfilled its annual obligations as a signatory of the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. Exxaro recently delivered its UNGC Communication on Progress (COP) document which is a requirement to maintain its status on the voluntary leadership platform which focuses on the development, implementation and disclosure of responsible business practices. The UNGC is a call to companies worldwide to align their operations and strategies with 10 universal prin- ciples in the areas of human rights, labour, environment and anti-cor- ruption and to act in support of UN goals embodied in the United Nations Sustainable Development Goals (SDGs).

Exxaro CEO Mxolisi Mgojo.

Exxaro has been an active signatory to the UNGC since 2007 and every year affirms its commitment in implementing the UNGC princi- ples. In its 2020/2021 COP report, Exxaro reiterates in detail its policies and commitments to the principles of human rights; labour; environ- mental; and anti-corruption measures aligned with the SDGs. The COP report points out that Exxaro features in the latest Vigeo Eiris ranking of the 100 Best Emerging Market Performers for its approach and ongoing dedication to social responsibility. The Vigeo Eiris ranking is updated every six months, in June and December and the top 100 performers are selected from over 850 companies in 32 sectors of 31 countries. Exxaro also ranked third in the Transparency and Corporate Reporting: South Africa 2020 Report among 100 South African companies under scrutiny for transparency and implementation of anti- corruption programmes. “We take our commitment to the UNGC very seriously. As one of the thousands of participants of the UNGC across the 160 countries, we are pleased to be part of this growing movement to more con- scious environmental and social business practices,” says Exxaro CEO Mxolisi Mgojo. “We believe and stand for responsible ways of mining and building inclusive partnerships that benefit from responsible min- ing activities.” As one of South Africa’s largest black-empowered resource compa- nies, Exxaro is dedicated to sustainable mining and finding new ways of mitigating negative mining processes as part of its ethical business ethos. “The SDGs are particularly relevant in South Africa with our many socio-economic challenges. We want to be part of the solutions that create a more just and equitable society which meet the needs of all its people. This vision drives our thinking around all issues of sustain- ability and making a difference in our host communities, where we have mining and renewable energy operations, and the country at large,” says Mgojo. 

December 2021  MODERN MINING  5