Living the Implats Way
Our purpose is to create a better future to improve the lives of future generations. 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 to improve the lives of future generations. 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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The positive social and economic contributions we make in the communities in which we operate are aimed at creating thriving, self-sustaining and inclusive mine communities. Our goal is for host communities to share in our success through the value created by dividend payments and by benefiting from our numerous compliance and beyond compliance initiatives.
In 2024, the Group concluded a broad-based black economic empowerment transaction at Impala and Impala Bafokeng, which gives the mine communities served by both operations 4% ownership through a community share ownership trust (CSOT). Dividends paid to the CSOT will fund community projects identified by community elected trustees, in addition to the projects earmarked for implementation by Impala and Impala Bafokeng to create a sustainable community beyond mining.
Zimplats’ Empowerment Plan was approved by the Zimbabwean government in 2022, after which Zimplats issued equity in its empowerment companies to a CSOT. The empowerment companies will ensure that communities realise tangible benefits in the form of dividends and capital appreciation.
At Impala Canada, we have community benefit agreements in place with indigenous communities local to the operation, which clearly articulate our commitments on consultation protocols, social interventions such as employment and training, business opportunities, financial consideration and environmental stewardship.
All our operations have established community engagement structures and grievance protocols are in place. Collaborating with our communities and social partners, we co-create solutions to socioeconomic challenges.