Sustainability governance
Living the Implats Way
Our purpose is to create a better future. We accomplish this through the metals we produce, the way we do business and through our superior performance.
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Our purpose is to create a better future. We accomplish this through the metals we produce, the way we do business and through our superior performance.
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Implats has the advantage of geographical diversification and exploits platiniferous horizons within the Bushveld Complex in South Africa, the Great Dyke in Zimbabwe and the palladium-dominant orebody located in the Lac des Iles Intrusive Complex in Canada. The Bushveld Complex and Great Dyke layered intrusions are unique in terms of size and geological continuity.
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Decarbonisation is an urgent global challenge. There are increasing opportunities to use platinum-catalysed fuel cells to provide zero-emitting, carbon-free energy, in electricity and mobile applications.
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Employee accommodation and living conditions remain key strategic issues for improving the wellbeing of our employees and host communities in South Africa and Zimbabwe. Our focus remains on facilitating the creation of sustainable human settlements and access to decent accommodation for employees who are residing in informal structures.
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The increasing evidence globally of physical climate impacts – wildfires, floods, rising temperatures – is driving a greater sense of urgency in building adaptive capacity and resilience to climate.
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Governance is central to achieving our goal of creating a better future for all stakeholders. Our board of directors adheres to the highest standards of corporate governance and ethics, guided by the principles of the King IV Report on Corporate Governance (King IV™), the Companies Act, 2008, the JSE Listings Requirements and all other applicable laws, standards and codes.
30% decrease year-on-year in conflict of interest and corruption cases recorded.
37% decrease year-on-year in fraud and theft cases recorded.
The board and the audit and risk committee are responsible for establishing the risk management process and internal controls systems, and for setting the criteria regarding risk appetite, risk tolerance and effective communication regarding all risk matters (Group risk management framework).
Implats is committed to upholding the human rights and the dignity of every person involved in our business and we integrate human rights risk management into our business processes and code of ethics
In our workplace, we uphold the basic human rights enshrined by the International Labour Organisation (ILO) by implementing fair employment practices. Policies and processes ensure human rights are observed, including fair pay, the right to freedom of association and collective bargaining, the eradication of child and forced labour, and non-discrimination.
Implats commissioned a specialist service provider to carry out a gap analysis to better understand the degree to which current security practices align with the voluntary principles on security and human rights (VPSHR)
The gap analysis focused on all Group-managed sites in the southern Africa region, with the aim to:
Implats drives an ethics-based culture to support good governance.
The board is responsible for setting standards, policies and the direction for ethics in the organisation, with its NGE and ARC committees approving codes of conduct, ethics policies and monitoring focus areas and ethical outcomes.
Toll-free ethics hotlines (independently managed and available to all employees and external stakeholders):
South Africa |
0800 005 314* HBV hotline: 0800 204 069 | |
Zimbabwe |
0772 161 630 HBV hotline: +27 12 543 5359 | |
Canada |
1-866-921-6714 (toll free) or email the operation at email address: impalacanada@integritycounts.ca to lodge complaints or grievances. HBV hotline: +27 12 543 5359 |
* Impala Bafokeng’s hotlines have been migrated to Implats' South African hotline number.
Implats is cognisant of the ever-increasing global threat of malicious data hacking resulting in breaches of important systems and data.
Each year, we perform a full analysis of the potential impact of a cyber breach on our data management and critical operational technology systems. In addition, our IT infrastructure and information security management systems are audited – and subjected to simulated hacker attacks – by external auditors. In 2024, Implats did not have any material security/cyber security breaches.
In 2024, Implats was proud to become the first multi-metal producer to achieve certification under the Responsible Minerals Assurance Process Standard for its responsible sourcing of metals - PGMs, gold, silver, copper, nickel and cobalt.
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