Material matters

Our commitment: We are committed to being environmental stewardship advocates through pollution prevention, prudent use of natural resources, maximising the circular economy and a transition to a low-carbon future therefore remediating the impacts of our operations on the environment.

Harmony’s commitment to protecting and regenerating the environment through ecologically responsible mining involves driving environmental sustainability and leadership. We strive for a greener, zero-emissions business with a lasting positive legacy. To coexist with the natural environment it is crucial that we understand and appreciate the negative effects of our operations.

Ecological considerations and ecosystem health are embedded in all our systems and processes from design to construction, operation, decommissioning and closure. We have developed a decarbonisation strategy that moves our business towards net zero emissions by 2045. Our responsible practices extend beyond our mine boundary and include our supplier partners and our market.

Related material matters:

1. Climate change and extreme weather susceptibility and responsibility (including physical and transitional risks)
2. Addressing energy use
3. Water management
4. Circular economy (maximising resource efficiency and reuse/ recycling) and pollution prevention
5. TSF management and safety
6. Ensuring biodiversity and post closure sustainability
7. Pursuing zero emissions and renewable alternatives

Our commitment: We are committed to ensuring that we build trust, which is the cornerstone of enduring relationships with our communities, employees, suppliers, labour and government. Harmony’s host communities have relevant needs and expectations that we aim to understand and address through meaningful contributions, including labour and job creation, socio-economic development and economic empowerment.

We operate in a broader social context and believe our presence in our host countries is the bedrock of economic and socio-economic development. Harmony’s host communities have relevant needs and expectations that we aim to understand and address through meaningful contributions, including labour and job creation, socio-economic development and economic empowerment. Establishing more conducive communities that are healthier and safer for our people, and uplifting broader society, enables us to improve on our social compact.

Related material matters:

8. Ensuring employee safety
9. Protecting employee health and mental wellbeing
10. Maintaining sound labour relations
11. Driving equity, inclusion and diversity
12. Attracting and retaining an engaged, enabled and empowered workforce
13. Respecting cultural heritage
14. Stakeholder engagement and partnerships for sustainable communities
15. Supply chain transformation and preferential procurement

Our commitment: We are committed to bolstering good governance, which we view as a strategic enabler that allows us to deliver on our business imperatives and sustainability endeavours by ensuring responsible and ethical behaviour and improving accountability. For Harmony, ethical mining equals ethical leadership that equals corporate trust.

Harmony adheres to global best practice in reporting standards.

We believe that by presenting a balanced picture of our performance within our operating context and a reliable projection of our future performance, stakeholders are able to make informed decisions about our group.

Good governance lies at the heart of our performance, and our reporting. Guided by our policies and codes, we aim to do the right thing and tell our story honestly.

Related material matters:

16. Crisis response and operational resilience
17. Fair and responsible remuneration
18. Upholding human rights and driving responsible procurement
19. Ensuring legal, regulatory and compliance excellence
20. Cybersecurity
21. Transparent and ethical business (anti-bribery and corruption)

Our commitment: We are committed to pursuing operational sustainability, creating economic benefit and managing business resilience.

It is vital for our sustainability that we anticipate, identify and understand all external influences that affect our business, and develop appropriate responses. This will ensure that we can continue investing in our business and people while rewarding investors and, as a responsible corporate citizen, honouring our socio-economic commitments.

Related material matters:

22. Navigating commodity price and currency/forex fluctuations
23. Managing capital access and allocation for profitability
24. Re-engineering our portfolio and growing our profitable ounces (diversifying commodities, jurisdictions and a mix of ultra-deep level and surface sources)
25. Pursuing technology and innovation for environmental, operational and safety improvements

For more information, see our 2023 Integrated Annual Report