Sustainability
Success stories

Ensuring the social, economic and environmental viability of our host communities and the broader economy is critical to safeguard the continuing viability of our business.

The impact of our social investments

Each year, Trialogue, an external consultant reviews and assesses the socio-economic impacts of a selection of our social investments. During the 2016 financial year, Trialogue visited 13 of our socio-economic development (SED) projects – 11 in South Africa and two in Zimbabwe – as well as one housing project in South Africa. The review found evidence of a high level of benefit associated with our investments.


The 11 projects in South Africa benefited around 7 000 people, while close to 4 000 people benefited from the two projects in Zimbabwe.

In the 2016 financial year we contributed R10 million towards the Impala Bafokeng Trust (IBT). The IBT was established in 2007 by the Royal Bafokeng Nation and ourselves to augment the corporate social investment commitments of both organisations. Programmes funded by the IBT during the 2016 financial year benefited more than 8 500 vulnerable children, people with HIV/Aids, early childhood development (ECD) practitioners, educators and learners in the Bafokeng area.

The demographic breakdown shows that 100% of the beneficiaries of the reviewed development projects were black.

Meanwhile, the development of houses for our Rustenburg employees through the Platinum Village accommodation project has progressed well. Phase one was completed during the 2015 financial year, with 557 new houses sold. More than 80% of those who benefited became homeowners for the first time.

 

The two Zimplats projects reviewed were a livestock commercialisation project and a community resettlement project. The livestock commercialisation project aims to empower more than 2 500 households in the Mhondoro-Ngezi district by making livestock production a viable business. The relocation project aims to resettle to a safe area the 10 families who reside close to a tailings storage facility and offer them appropriate compensation and restoration of their livelihoods.

Our funding of business incubator Raizcorp means incubator services can be extended to a number of small local organisations that are not part of our supply chain. Mpho Tshukudu, a dietician, participated in the programme and has experienced great success as a result.

In line with the National Development Plan priorities and our own skills requirements, we continue to fund a number of education projects, including the Implats school support mentorship and sports programmes, which benefits over 5 400 learners at eight schools in and around Rustenburg.

Platinum Village housing development

Platinum Village housing development

Our most significant contribution to the wellbeing of our employees is our investment in improving their accommodation and living conditions. Over the last eight years we have invested more than R3.7 billion in accommodation around our South African operations, providing almost 3 000 housing units, converting mining hostels into more than 5 243 single units and 308 family units, and securing land for future housing development. Through this investment we seek to create local communities in which employees can reside with their families in a stable, healthy and secure environment within commuting distance of their workplace. Our home ownership programme aims to provide employees with access to affordable and decent accommodation.

Building on the highly successful Sunrise View home ownership programme, phase one of the new flagship housing development Platinum Village in Rustenburg was completed early in 2016, with 100% of the 557 units sold and occupied. We are now in the process of construction and sales for phase two of the project.

Following the completion of phase 1, the construction of phase two comprising a further 555 units started in October 2015 and by the end of the 2016 financial year 80 houses had been completed, 67 of which were fully allocated. The Platinum Village school – a R120 million project, in partnership with the North West Department of Education and the Impala Bafokeng Trust – will cater for 1 700 primary and secondary school learners in the area.

Looking ahead to 2017 and beyond we plan to complete the second phase of the Platinum Village by December 2017 and acquire the land adjacent to the Platinum Village for the next phase, ultimately completing 2 420 units over four phases. In addition the plan is to increase the number of houses built to more than 3 300 by 2018, upgrade basic infrastructure in Freedom Park informal settlement, investigate the use of different types of tenures and dwellings to replace informal settlements at Freedom Park to provide decent accommodation for backyard dwellers, and develop a convenience shopping centre in Platinum Village and provide opportunities for SMME development.

A small sample of 36 home owners was surveyed in 2016 on the quality, pricing and amenities of the housing development. The majority of the respondents (more than 80%) were happy with the various aspects of their bond agreements. More than 72% were previously renting properties and more than 80% were first time home owners.

A previous study conducted by the University of Potchefstroom in 2013 showed overwhelming support and satisfaction for our housing project offerings.

 

Platinum fuel cells

The enterprising dietician

Zimplats community resettlement project