our approach to creating value
Our approach to reporting

This report reviews our approach to addressing those social, economic and environmental issues that are seen as having a material impact on the long-term success of our business

Boundary and scope

This report provides information relating to our sustainable development policies, practices, performance and prospects for the financial year 1 July 2013 to 30 June 2014, for operations over which we have direct management control and for which we set and implement policies and standards. These operations are Impala, Marula, Zimplats and Mimosa. No changes to the boundary and scope have been applied in the year under review. Restatements of financial information have been due to the exclusion of Mimosa from the consolidated figures informed by new International Financial Reporting Standards (IFRS).

Materiality and target audience

The report reviews our approach to addressing those social, economic and environmental issues that are seen as having a material impact on the long-term success of the business, the sustainability of the economy, the environment and the communities in which we operate, or that are important to key stakeholders. This year's report includes a review of our contribution in terms of:

• Global industry commitments on sustainability – as outlined in the World Business Council for Sustainable Development (WBCSD) Vision 2050
• National developmental priorities – as defined in the South African National Development Plan
• Local sector-specific commitments – as provided in the Framework Agreement for a Sustainable Mining Industry, entered into by organised labour, organised business and government (see here).

While the report is of potential interest to all our existing and prospective stakeholders, it is focused primarily on addressing the interests of socially responsible investment (SRI) analysts and investors, as well as sustainability professionals. Our approach to identifying the issues we regard as being most material to Implats in 2014 is described here.

Reporting standards

Our sustainability reporting criteria has been compiled in accordance with G4 Core Compliance and the Mining Sector Supplement of the Global Reporting Initiative (GRI), as well as Implats' internally developed reporting guidelines. In addition to this report, we have provided a response to some of the criteria of the GRI G4 Guidelines in a detailed online GRI response table, available at www.implats.co.za/implats_reports/IR2014. As a signatory to the United Nations Global Compact (UNGC), we have also used the UNGC's Advanced Level reporting criteria in our communication on progress, and we declare that we meet the 24 advanced criteria.

Independent assurance

Selected performance information has been independently assured by a third-party assurance provider, IRAS. The scope of the assurance, the selected performance information and the independent statement of assurance are provided here.

Contacts

Please address any queries or comments on this report to: Cindy Mogotsi, executive – sustainable development.
E-mail: Cindy.Mogotsi@implats.co.za.