Gold Fields Limited

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2013, 2011, 2006

In its 2023 reporting, Gold Fields Limited disclosed greenhouse gas emissions of 1.6K kt CO2e. By scope: Scope 3: 950 kt CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
1.6K kt CO2e
2023
⚑
Renewable Energy
17%
of total energy
πŸ’§
Water Usage
18.3 GL
2023
♻️
Waste
117 Mt
2023
βš™οΈ
Energy Use
14.0 PJ
2023

πŸ“Š Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).950 kt CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
20231.6K kt CO2e
202164.8K tCO2e (scopes 1 & 2 in 2020)
20202.9K t CO2-eq
20191.9M tonnes CO2e
20181.85 million tonnes CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Complete independent review of Group safety culture (H1 2024)
  • Implement Gold Fields Safety Way (H1 2024)
  • Achieve first gold at Salares Norte (April 2024)
  • Reduce freshwater withdrawal by 45% from 2018 baseline (2030 target)

πŸ“… Medium-term

  • Reduce Scope 3 emissions by 10% from 2022 baseline (2030 target)
  • Recycle or reuse 80% of total water used (2030 target)
  • Achieve 70% renewable energy in Group electricity mix (2030 target)

πŸ”­ Long-term

  • Net-zero emissions by 2050
  • 100% renewable energy in Group electricity mix by 2050

🌱 ESG Focus Areas

Safety, health and wellbeingGender diversityStakeholder value creationDecarbonisationTailings managementWater stewardship

⚠️ Challenges & Risks +

  • Two fatalities and six serious injuries at mines in 2023
  • Concerning levels of harassment, bullying, and discrimination revealed by an independent workplace culture review
  • Delays to Salares Norte project completion and ramp-up
  • Rising mining costs and inflation
  • Skills shortages
  • Political risk and resource nationalism
  • Illegal mining incursions
  • Water security challenges

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: Integrated Reporting Framework, GRI Universal Standards, ICMM’s Sustainable Development Framework, Mining Principles, Performance Expectations and Position Statements, Companies Act No 71 of 2008, JSE Limited Listings Requirements, New York Stock Exchange Listings Requirements, US Securities and Exchange Commission, King IV Report on Corporate Governance for South Africa 2016
Assurance: PwC Inc.