Delivering on our purpose
AIR
Annual Integrated Report
for the year ended 30 June 2025
Our 2025 reporting suite downloads
Annual Integrated
Report
Report
Key content and objective
Explains how Implats creates, preserves or erodes value in the short, medium and long term.
Target audience and reporting
- Providers of financial capital (investors, lenders and creditors)
- Financial materiality
Audited annual financial statements
Key content and objective
Provides detailed financial performance, position and cash flow information to support resource allocation decisions.
Target audience and reporting
- Providers of financial capital
- Financial materiality
Mineral Resource and Mineral Reserve Statement
Key content and objective
Offers updated estimates and reconciliations of Group Mineral Resources and Mineral Reserves.
Target audience and reporting
- Providers of financial capital
- Financial materiality
Environmental, social and governance report
Key content and objective
Presents a comprehensive view of our social, environmental and governance performance and impacts.
The report further details climate-related risks, opportunities and disclosures aligned with global benchmarks.
Target audience and reporting
- All stakeholders
- Double materiality
Approach to sustainability management report and GRI report
Key content and objective
Serves as a supplement to the ESG report by outlining Implats’ governance and management practices related to sustainable development practices. It includes disclosures aligned with the GRI Standards, as referenced in the GRI Content Index.
Target audience and reporting
- All stakeholders
- Double materiality
Tax transparency and economic contribution report
Key content and objective
Discloses tax practices, estimates and contributions across jurisdictions, promoting transparency, responsible tax conduct and highlighting Implats’ socio-economic contributions.
Target audience and reporting
- All stakeholders
- Impact materiality
Notice to shareholders
Key content and objective
Provides details of the annual general meeting, including the business to be conducted and proposed resolutions. It enables transparent governance, informed shareholder participation and effective engagement.
Target audience and reporting
- Shareholders, investors and other stakeholders
Remuneration report
Key content and objective
Provides insight into remuneration philosophy, policy and practices for executives and employees.
Target audience and reporting
- Shareholders, investors and other stakeholders
About our reports
Implats is committed to building and maintaining trust through high-quality, transparent and stakeholder-relevant reporting. Our 2025 reporting suite is designed to meet the diverse information needs of our stakeholders, with a particular focus on providers of financial capital and those interested in our broader environmental, social and governance (ESG) performance.
The annual integrated report is our primary communication to the providers of financial capital, explaining how Implats creates, preserves or erodes value over time. It reflects our commitment to integrated thinking and aligns with evolving sustainability reporting standards.
Our approach to value creation is grounded in our purpose, vision and values, which shape the content and structure of this report. It covers material issues affecting the Group’s operating context, governance, business model, risks, strategy, use of capitals, performance, future outlook and stakeholder relationships for the period 1 July 2024 to 30 June 2025.
References to “Implats”, “the Group”, “the Company”, “we”, “us” or “our” refer to Impala Platinum Holdings Limited and its subsidiaries.
BASIS OF PREPARATION AND PRESENTATION
This report has been prepared in accordance with:
- The JSE Listings Requirements
- The principles and recommended practices of the King IV Report on Corporate Governance (King IV)
- The International Integrated Reporting Framework (2021), including its guidance on materiality
- The IFRS® Accounting Standards
- The JSE Sustainability and Climate Change Disclosure Guidance.
Stakeholder needs vary across our operations and are assessed and managed at site level. Chapter 5 of this report provides a detailed discussion of stakeholder material matters, risks and value creation at an operational level.
In line with IFRS, equity-accounting has been applied to report the financial performance of associates and joint ventures. However, operational performance is presented at 100% for all operations, including non-managed entities. Production volumes are reported in terms of 6E platinum group metals (PGMs); platinum, palladium, rhodium, ruthenium, iridium and gold.