Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) announced that it received an average ‘A-’ rating for its ‘Water Security’ by CDP, a non-profit global environmental disclosure platform. It was the first time that the Group participated in the Water Security category and benchmarks higher than the Global and Africa regional average of ‘B’, and the metallic mineral mining sector average of ‘B-‘.
For the Group’s annual Carbon disclosure to CDP, Sibanye-Stillwater received an average ‘B’ rating ranking it among 28% of total companies that achieved ‘B’ ratings in its activity group with no ‘A’ list ratings awarded this year in the Metallic mineral mining activity group.
Sibanye-Stillwater’s 2021 Water and Carbon CDP disclosure submission documents are available at http://www.sibanyestillwater.com/sustainability/environment/ for reference.
CEO, Neal Froneman commented: “We are very pleased about the continuous recognition from the CDP for our climate change actions and disclosures, which we are committed to further intensify as we work towards our carbon target of being net zero by 2040. Through our understanding of the interdependencies between climate change and water security we are better placed to reduce risk, support local communities and drive actions towards building a sustainable climate change resilient business.
More about CDP (previously called the Carbon Disclosure Project)
Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalization, and over 1,100 cities, states and regions. CDP is also the founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.
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