MASHINIi

Gold Fields Limited.

GFI.US | Mining of other non-ferrous metal ores

Gold Fields Limited is a globally diversified gold producer with nine operating mines in Australia, South Africa, Ghana, Chile and Peru. It also has a near-term growth project in Canada, and exploration activities in Canada, Chile, Ghana, Finland, Australia, Peru and the United States. The company's...Show More

Ethical Profile

Mixed.

Gold Fields Limited presents a mixed ethical picture. While investing US$29 million in Covid-19 initiatives in 2021, reports indicate 20 related deaths among employees and contractors, and silicosis cases rose from 10 in 2020 to 12 in 2021. The gold mining business is inherently impactful, with 1,632 kt CO₂e Scope 1&2 emissions in 2024. However, the company targets a 30% emissions reduction by 2030, increased renewable electricity to 18%, and is investing US$195 million in a renewable energy project. Critics point to the business model's inherent conflict with fair trade, community respect, and zero waste principles.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

The company's core products and services, primarily gold, have no significant positive or negative health impact. For health equity, 903 out of 917 employees with HIV/AIDS were enrolled in free highly active anti-retroviral therapy (HAART) programs as of Q1 2022, representing 98.47% of the identified affected employee population.

1
The company also implements comprehensive mental health programs, including plans tailored to site needs, access to mental health professionals, employee awareness sessions, and mental health first aiders.
2

Fair Money & Economic Opportunity

0

Gold Fields Limited is a gold mining company, and the provided articles detail its mining operations, tax payments, regulatory compliance related to mining activities, and community development initiatives. The 'Fair Money & Economic Opportunity' value assesses activities related to lending, insuring, moving, or storing money, and the provision of financial services. The articles do not contain any information or evidence indicating that Gold Fields Limited offers financial products or services to consumers, nor do they describe any financial inclusion or literacy programs. Therefore, no KPIs under this value can be scored based on the provided evidence.

Fair Pay & Worker Respect

0

No relevant evidence was found in the provided article to assess GFI.US against the 'Fair Pay & Worker Respect' ethical value.

1
The article was a cookie consent form and did not contain any information regarding the company's workforce, compensation, safety, or labor practices.
2

Fair Trade & Ethical Sourcing

0

No evidence available to assess Gold Fields Limited on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess Gold Fields Limited on Honest & Fair Business.

Kind to Animals

0

No specific, concrete data points relevant to the 'Kind to Animals' ethical value were found in the provided articles. The articles discuss general environmental practices, land rehabilitation, and emissions reduction targets, but do not contain information on animal testing, humane certifications, measurable wildlife conservation impact (such as species recovery or biodiversity indices linked to funding percentages), ethical sourcing of animal products, or animal welfare policies. The company's core business as a gold miner also means many of the animal-related KPIs are not applicable.

No War, No Weapons

0

No evidence available to assess Gold Fields Limited on No War, No Weapons.

Planet-Friendly Business

-40

In 2024, Gold Fields Limited's total Scope 1, 2, and 3 greenhouse gas emissions were 2.455 million tCO₂e.

1
Scope 1 and 2 emissions remained unchanged from 2023.
2
The company sourced 18% of its total electricity from renewables in 2024.
3
Furthermore, Gold Fields reported zero serious environmental incidents (Level 3-5) in 2024.
4

Respect for Cultures & Communities

0

No evidence available to assess Gold Fields Limited on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Gold Fields Limited on Safe & Smart Tech.

Zero Waste & Sustainable Products

-40

Gold Fields recycled 63% of all non-mineralised waste generated in 2021.

1
The company implements several waste reduction initiatives, including using waste rock for Tailings Storage Facility (TSF) construction, backfilling tailings in redundant open pits, and co-mingling tailings and waste rock.
2
These efforts contributed to achieving an annual target in 2021, generating 10.2kt of non-hazardous waste for disposal, which was below the 2015 baseline of 11.2kt.
3
The company has targets to limit non-hazardous waste to 2015 levels and to reduce active upstream-raised TSFs from five to three by 2030.
4
For hazardous waste, the company adheres to the International Cyanide Management Code, does not import, export, or transport waste deemed hazardous under the Basel Convention, and met its 2023 target of zero serious environmental incidents.
5
In 2021, 1.2kt of hazardous waste was generated.
6
Independent external audits of active TSFs occur every three years, with annual third-party operational reviews for facilities with an "extreme" consequence rating.
7

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.