Sustainable development report 2015
Supplement to the integrated annual report 30 June 2015
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OUR APPROACH TO CREATING VALUE
CEO’s statement

Dear Stakeholder

In each of my two previous annual letters, I highlighted the unprecedented challenges facing our company and the platinum sector more generally. Unfortunately it seems that volatility, and increasing societal challenges, have become the new normal as once again we have had a particularly difficult year. In the context of a subdued global PGM market, a continuing rise in input costs and less than desired productivity, we have been faced with a challenging regulatory environment, persistent electricity supply constraints, and heightened stakeholder expectations across a range of fronts.

The events across the sector have highlighted the business significance of society issues, and underlined the importance of maintaining a strong focus on sustainability.

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“Implats is one of the world’s foremost producers of platinum and associated platinum group metals (PGMs)

 

AT A GLANCE
Summary of the influences to the group strategy

OUR ABILITY TO DELIVER ON THESE FOUR STRATEGIC OBJECTIVES IS IMPACTED ON AN ONGOING BASIS BY THE RISK ENVIRONMENT IN WHICH WE FIND OURSELVES AS A BUSINESS MORE

 

OUR APPROACH TO CREATING VALUE
Identifying our material sustainability focus areas

We identify our strategic business objectives, and our material sustainability focus areas, through our structured internal risk management process, and with consideration to the views and interests of our stakeholders.

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“Implats’ risk management process sets out to achieve an appropriate balance between minimising the risks associated with any business activity and maximising the potential reward