Living the Implats Way
Our purpose is to create a better future to improve the lives of future generations. We accomplish this through the metals we produce, the way we do business and through our superior performance.
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Our purpose is to create a better future to improve the lives of future generations. We accomplish this through the metals we produce, the way we do business and through our superior performance.
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Implats has the advantage of geographical diversification and exploits platiniferous horizons within the Bushveld Complex in South Africa, the Great Dyke in Zimbabwe and the palladium-dominant orebody located in the Lac des Iles Intrusive Complex in Canada. The Bushveld Complex and Great Dyke layered intrusions are unique in terms of size and geological continuity.
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Decarbonisation is an urgent global challenge. There are increasing opportunities to use platinum-catalysed fuel cells to provide zero-emitting, carbon-free energy, in electricity and mobile applications.
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Employee accommodation and living conditions remain key strategic issues for improving the wellbeing of our employees and host communities in South Africa and Zimbabwe. Our focus remains on facilitating the creation of sustainable human settlements and access to decent accommodation for employees who are residing in informal structures.
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The increasing evidence globally of physical climate impacts – wildfires, floods, rising temperatures – is driving a greater sense of urgency in building adaptive capacity and resilience to climate.
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Implats is proud to be one of only four JSE-listed metals and mining companies to be included in the S&P Global Sustainability Yearbook 2022 and the only company awarded the Metals and Mining Industry Mover Award. Nico Muller, Implats’ Chief Executive Officer, said, “Our notable achievement is testament to our commitment to and progress in embedding sustainability into the way we work. At Implats, we aspire to become an industry leader in ESG, producing metals that sustain livelihoods beyond mining.”
To secure an Industry Mover Award, a company must achieve a score within the top 15% of their industry and register the strongest year-on-year improvement in their industry. To be listed in the S&P Global Sustainability Yearbook, companies must score within the top 15% of their industry and must achieve an S&P Global ESG Score within 30% of their industry’s top-performing company.
The Group achieved an overall 60% score for its integrated management approach to sustainability and its disclosures and performance across environmental, social and governance pillars - a marked improvement on the Group’s 2020 score of 48%.
“We must give kudos to our employees for this award as it is a focused and collective effort to deliver on our commitment to create a better future for all our stakeholders,” added Muller.
This year, more than 2 100 companies participated in the assessment, and over 7 500 companies were assessed for potential inclusion in the Yearbook. The S&P Global Corporate Sustainability Assessment provides detailed ESG benchmarking insights on sustainability and business strategy. S&P global ESG scores are based on companies’ ESG policies, programmes and in-depth ESG information.
A total of 81 companies from the Mining and Metals industry took part in the 2021 Dow Jones Sustainability Indices (DJSI) corporate assessment. Of these, only 19 were finally included in the S&P Global Sustainability Yearbook 2022.