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Our vision is to be the global leader in sustainable gold mining

Standards and Principles

Standards and Board Charters

Policies

Key external standards and principles

International Standards & Principles we adhere to:

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Gold Fields also adheres to a number of external standards and principles. These include:

Internal Standards and Principles


Gold Fields has developed a comprehensive set of internal standards and principles that underpin how we do business. These include:

Our Vision and Values:

Everything that we do to achieve our Vision of becoming the global leader in sustainable gold mining is informed by our Values. These are applied by our directors, as well as employees at every level of the Group

Board of Directors’ Charter:

The Charter articulates the objectives and responsibilities of the Board. Likewise, each of the Board committees operates in accordance with written terms of reference that are regularly reviewed

Sustainable Development Framework:

Gold Fields’ Sustainable Development Framework is based on best practice, as well as our operational requirements. The framework is governed by an overall Sustainable Development Policy

The Group has developed a range of Policy Guidelines that direct business conduct.

Code of Conduct:

Gold Fields’ Code of Conduct commits and binds every employee, officer and director within Gold Fields to conducting business in an ethical and fair manner. The Board’s Audit and Social, Ethics and Transformation Committees are tasked with ensuring the consistent application of, and adherence to, the Code. The Code can be found at https://www.goldfields.co.za/code-of-conduct/index.php

Listings Requirements


Our primary listing is on the JSE Limited (JSE), and we are subject to the JSE Listings Requirements

Gold Fields has a secondary listing on the New York Stock Exchange (NYSE) and therefore, as a foreign issuer, is subject to the NYSE Listings Requirements, the provisions of the US Securities and Exchange Commission, as well as the terms of the Sarbanes-Oxley Act (2002)

Gold Fields is also listed on the Swiss Exchange (SWX)

We have implemented South Africa’s King III Code on Corporate Governance (King III), principles and recommendations across Gold Fields. The Board is also committed to upholding the principles and recommendations of King IV and is currently taking steps to ensure full compliance with the Code by end-2017

Sustainability Standards


Our Sustainable Development Framework is guided by the International Council on Mining and Metals’ (ICMM) 10 principles on sustainable development, their supporting position statements and external assurance thereof

We are guided by the 10 principles of the United Nations Global compact (in which we are a participant); we have incorporated the compact’s management model into our business activities, and make annual communication on progress report submissions

All of our eligible operations conform with the World Gold Council Conflict-Free Gold Standard. A copy of our Conflict-Free Gold Report, our Statement of Conformance, together with the independent limited assurance report can be viewed here

Our reporting is guided by the internationally recognised Global Reporting Initiative (GRI) G4-Core Sustainability Reporting Guidelines, including the Mining and Metals Sector Supplement and is supported by Gold Fields’ internal definition, available on request. Our 2016 GRI submission can be viewed here.

Business Ethics Standards


Our Code of Conduct is aligned with national and international business ethics and anti-corruption standards, including the UN Convention against Corruption (2003) and the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (1997)

We support the principles and processes of the Extractive Industry Transparency Initiative (EITI), through our membership of the ICMM. Ghana and Peru are the EITI-compliant countries in which we operate

We comply with the following legislation and governance requirements:

South Africa’s King III Code, and the Prevention and Combating of Corrupt Activities Act (2004)

The United States’ Sarbanes-Oxley Act (2002), Dodd-Frank Act (2010) and the Foreign Corrupt Practices Act (1977)

All other relevant regulations and legislations in jurisdictions in which Gold Fields operates