Reporting scope and boundary
- Name of the organisation
- Significant changes during the reporting period regarding size, structure, ownership or supply chain
- Externally developed economic, environmental and social charters, principles or other initiatives to which the organisation subscribes or endorses
- Memberships of associations (such as industry associations) and national or international advocacy organisations
- Entities included in consolidated financial statements or equivalent documents or not covered by the report
- a. Process for defining the report content and of Aspect Boundaries
b. Implementation of the Reporting Principles for Defining Report Content
- For each material Aspect, report Aspect Boundary
- Report the Aspect Boundary outside the organisation.
- Effect of restatements of information in previous reports, and reasons for restatements
- Significant changes from previous reporting periods
- Reporting period (such as fiscal or calendar year) for information provided
- Date of most recent previous report
- Reporting cycle
- Contact point for questions regarding the report or its contents
- Report the ‘in accordance’ option the organisation has chosen, report the GRI Content Index for the chosen option, and report the reference to External Assurance Report if the report has been externally assured
APPROACH TO REPORTING
This report is Sibanye Gold Limited’s (Sibanye or the Group) first Sustainability Report following the Group’s separation from Gold Fields Limited (Gold Fields) in February 2013. The report addresses the most significant sustainability aspects of the Group’s business for the year ended 31 December 2013.
The information contained in this report is structured according to the Five Capitals approach, which addresses the financial, human, social, natural and manufactured components of the business comprising Sibanye’s current operations, namely Beatrix, Driefontein and Kloof.
This report should be read in conjunction with the following relevant documents:
- The Summarised Report 2013 and Notice of Annual General Meeting, which was posted to shareholders on 12 May 2014.
- The Integrated Report 2013.
Sibanye’s Sustainability Report 2013 focuses on those sustainability issues that are deemed to be the most important to the Group and its stakeholders. In determining these material issues, relating to the G4 guidelines of the Global Reporting Initiative (GRI), cognisance was taken of the guidance relating to materiality provided by the GRI and by the International Integrated Reporting Council (IIRC).
Given that this is the Group’s first comprehensive Sustainability Report, it is the first time the Group has collated the data used to populate this report in this format. The content gathering and data-collation process relied on a workshop-based approach, followed by questionnaires to various discipline heads. GRI systems were in place before the interview process began. This provided the basis of the data required for reporting purposes, while qualitative comment was sought through follow-up interviews. Sibanye is committed to collating and reporting on sustainable development performance on an annual basis.
Sibanye has adopted the GRI’s G4 guidelines, and reports in line with the ‘core’ format. Certain non-financial key performance indicators (KPIs) have been assured by independent assurance provider KPMG Services Proprietary Limited (KPMG Services). The KPMG Services statement of assurance can be found under Independent Assurance Report.
The reporting guidelines used by Sibanye include the GRI G4 Sustainability Reporting Guidelines, the Broad-based Socio-economic Empowerment Charter (BBSEEC) or the Mining Charter (2002) and related Scorecard (2004) and the Amendments to the BBSEEC (2010) and related Scorecard (2010), as well as Sibanye’s internally developed guidelines. See the Sibanye Sustainable Development Policy.
The Group has its ordinary shares listed on the Main Board of the JSE Limited (JSE) in terms of its stock exchange licence and its American Depositary Receipts (ADRs) on the New York Stock Exchange (NYSE). The Group reports in compliance with the JSE Listing Requirements, the International Financial Reporting Standards (IFRS), the South African Institute of Chartered Accountants (SAICA) Financial Reporting Guides, the South African Companies Act, 2008 (Act No 71 of 2008) (the Companies Act), the Code of and Report on Governance Principles for South Africa (King III) and in terms of the South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC) guidance on the reporting of mineral resources and reserves.
The Group’s internal audit function is conducted in-house and is required to provide an independent evaluation of the Group’s internal control processes and systems in order to mitigate any business risks.
For more information on sustainability reporting at Sibanye, please contact:
Vice President: Sustainable Development
Tel: +27 11 278 9647
Fax: +27 86 729 4095