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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Implats is committed to being a reputable and responsible PGM producer through ethical production. The Group has implementing a rigorous platinum and palladium sourcing policy across all our operations.
Implats has engaged PwC to assist with assessing our current practices and policies against the 2019 requirements of the London Platinum and Palladium Markets’ (LPPM) Responsible Platinum and Palladium Guidance. Where necessary improvements will be made to ensure compliance, which is a key business imperative and will endorse the LPPM’s regard for Impala as a good delivery refiner.
Systems are in place to ensure we conduct appropriate due-diligence audits on the companies from which we source our platinum and palladium. We have established criteria for identifying high risk suppliers – for instance in terms of money laundering, child labour, funding of conflict, or political exposure – and how to address risks and instances of non-compliance with our expectations.
Implats has a large and diverse base of suppliers from which we procure goods and services, with clear principles that guide the selection of reputable contractors with the right skills and value systems to do specific tasks that we are not able to do. All our suppliers are apprised of our policies and business practices and are expected, as a minimum, to abide by these principles in their business conduct and practices at all our operations. These include requirements regarding health and safety, environmental protection and respecting human rights.
Our responsible sourcing policy is communicated to all our employees and third-party suppliers and due diligence audits are the norm. Our sourcing process and practices are subject to continuous independent assurance review.