Dow Jones Sustainability Index (DJSI), the most recognized measure of the sustainability performance of listed companies worldwide has ranked Gold Fields Limited third in the 2012 mining index. The mining company was ranked fourth in 2011 by the same index.
The DJSI performance was released at the World Economic Forum in Davos yesterday, indicated 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 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% rating (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," said Gold Fields CEO, Nick Holland.
"Implementing sustainable business practices at all our operations is essential if we are to succeed in being the gold company of choice for investors, communities and government. This incorporates high standards of safety and health practices, sound environmental stewardship and pro-active community engagement, including shared value creation with communities," Holland added.