Sibanye achieves joint first place in 2023 SDTI research report

23rd August 2023 By: Tasneem Bulbulia - Senior Contributing Editor Online

Sibanye achieves joint first place in 2023 SDTI research report

Sibanye-Stillwater has achieved joint first place in both the metals and mining sector category and joint first place “overall” in the 2023 Sustainability Data Transparency Index

Multinational mining and metals processing group Sibanye-Stillwater has achieved joint first place in both the metals and mining sector category and joint first place “overall” in the 2023 Sustainability Data Transparency Index (SDTI) compiled by Integrated Reporting and Assurance Services (IRAS).

The SDTI is compiled yearly by IRAS and the current results are based on Sibanye’s 2022 financial and other disclosures, published in April.

The group scored 90.75% for the 2023 SDTI – considerably higher than the mining and metals sector's average rating of 64.5%, resulting in the top rating, further improving last year’s ranking of being third overall and the top-rated in the mining sector.

The SDTI report is the outcome of comprehensive research by IRAS to shed light on the extent to which JSE-listed companies are providing stakeholders with transparent and comparable environmental, social and governance (ESG) or sustainability data.

The research covers various data points across 104 ESG and sustainability indicators, evaluating 270 JSE-listed companies.

Sibanye has a diverse portfolio of operations, projects and investments across five continents. The group is also a recycler of platinum group metal autocatalysts and has interests in mine tailings retreatment operations.