At the World Economic Forum in Davos, Switzerland, Teck Resources was recognised as one of the Global 100 Most Sustainable Corporationsfor 2013 by media and investment research company Corporate Knights. Teck was the top ranked Canadian company on the Global 100 list. Gold Fields has been ranked third in the mining index of the 2012 Dow Jones Sustainability Index (DJSI), the most recognised measure of the sustainability performance of listed companies worldwide. In 2011 Gold Fields ranked 4th. The DJSI performance, which was released at the World Economic Forum in Davos today, indicates that Gold Fields sustainability practices rank with the best of resources companies worldwide. Gold Fields is rated the top global gold company on the DJSI and the highest ranked South African-listed and domiciled mining company.
This is the second time that Gold Fields has participated in the DJSI assessment, which is carried out by investment firm RobecoSAM on behalf of the DJSI. Launched in 1999, the DJSI ranks the performance of global sustainability leaders, through an annual assessment of the world’s 3,200 largest public companies. Among other factors, it measures management practices surrounding economic, environmental and social engagement approaches.
Gold Fields 84% (2011: 81%) qualifies it for a Silver Class award as it is within two percentage points of the mining sector leader, UK-based Anglo American.
“A strong performance in the DJSI is a milestone on our journey to leadership in sustainable gold mining, so our improved ranking shows that we are making good progress,” says Gold Fields CEO Nick Holland.
“Our people live and work in the communities where we operate and they care deeply about doing the right thing for future generations,” said Don Lindsay, President and CEO of Teck. “This ranking recognises the progress we’ve made, but we know there is more work to be done. Teck remains committed to responsible resource development and to considering people, communities and the environment, now and in the future, in every decision we make.”
Launched in 2005, the ranking of the Global 100 Most Sustainable Corporations was recently recognised as the world’s most credible corporate sustainability ranking in a GlobeScan/SustainAbility survey. The top 100 companies are selected from all publicly traded companies with a market capitalization over $2 billion. Companies were evaluated based on a range of sector-specific sustainability metrics, such as water, energy and carbon productivity, and safety performance. For more information about the Global 100 Most Sustainable Corporations and the full rankings, visit: www.corporateknights.com/global100.
Teck has also been named to the DJSI for the last three years, which ranks Teck’s sustainability practices in the top 10% of companies in the resource sector worldwide.