Gold Fields in Top 20% of JSE Socially Responsible Investment Index
May 19 2005 - 8:43AM
PR Newswire (US)
Gold Fields in Top 20% of JSE Socially Responsible Investment Index
JOHANNESBURG, South Africa, May 19 /PRNewswire-FirstCall/ -- Gold
Fields Limited (NYSE:GFINYSE:andNYSE:JSE:NYSE:GFI) is pleased to
announce that the company has been ranked in the top 20% of high
environmental impact companies in the second round of the JSE
Socially Responsible Investment Index. For this round the JSE has
recognized the SRI Index performance of the top, middle and low
environmental impact companies. The Index is constituted of
companies that form part of the FTSE/JSE All Share Index and who
meet the requirements of having integrated the principles of
socially responsible investment and sustainability into their
business practices. The index was compiled after an exhaustive
process of research and assessment by Sustainability Research and
Intelligence (SR&I), and subsequent independent assurance by
KPMG. Ian Cockerill, Chief Executive Officer of Gold Fields said:
"Our leading achievement on the JSE SRI Index demonstrates our
commitment to converting our policies and principles into
sustainable business practices which have become a necessary part
of doing business not only in South Africa but around the globe. We
whole heartedly support this process." Gold Fields corporate
citizenship initiatives include: - An extensive corporate social
investment programme benefiting many communities in far-flung and
remote rural parts of Southern Africa; - An innovative venture
capital programme aimed at establishing new businesses in mining
communities, which can grow into industries to eventually replace
mining as the main source of economic activity in these
communities. The Living Gold cut rose facility in Merafong, which
has more than 300 employees, is an example of such a non-mining
alternative livelihood project; - Gold Fields has been a leader in
the field of HIV AIDS in South Africa with a comprehensive
programme encompassing all facets of prevention and treatment. An
estimated 1,600 employees are enrolled in the Company's HIV/Aids
Wellness programme; and - Gold Fields has over the past two decades
been a pioneer in the support and promotion of environmental
education throughout Southern Africa and has been instrumental in
establishing more than 20 environmental education facilities and
programmes throughout the SADC region. One such example is the Gold
Fields Participatory Course in Environmental Education run by the
Gold Fields Environmental Education and Sustainability Unit at
Rhodes University which has been attended by thousands of students
over the past ten years. "Our vision at Gold Fields to be a
leading, globally diversified, precious metals producer through
responsible and sustainable development of our assets is recognized
by this achievement. Our adoption of a holistic strategy for the
sustainability of our company, our environment and our communities
has yielded tremendous benefit for the transformation of our
business in the longer term," said Cockerill.
http://www.goldfields.co.za/ DATASOURCE: Gold Fields Limited
CONTACT: Enquires: South Africa: Willie Jacobsz, Tel:
+27-11-644-2460, Fax: +27-11-484-0639. North America: Cheryl A
Martin, Tel: +1-303-796-8683, Fax: +1-303-796-8293
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