Business Context and Reporting Period
Company: Gold Fields Limited
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: May 19, 2005
Context: The filing announces that Gold Fields Limited has been ranked in the top 20% of high environmental impact companies in the second round of the Johannesburg Stock Exchange (JSE) Socially Responsible Investment (SRI) Index.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate social responsibility achievements and does not contain financial performance data.
Material Changes
No material financial changes versus a prior comparable period are reported in this document. The primary change noted is the company's recognition in the JSE SRI Index, which assesses the integration of socially responsible investment and sustainability principles into business practices.
Guidance, Outlook, and Management Commentary
Management Commentary:
- CEO Ian Cockerill stated that the ranking demonstrates the company's commitment to converting policies into sustainable business practices globally.
- The company views its holistic strategy for sustainability as yielding tremendous long-term benefits for business transformation.
- Community Investment: Extensive programs in remote rural parts of Southern Africa.
- Venture Capital: Programs to establish non-mining businesses in mining communities (e.g., the Living Gold cut rose facility in Merafong with over 300 employees).
- Health: A comprehensive HIV/AIDS prevention and treatment program with an estimated 1,600 employees enrolled.
- Environment: Support for environmental education, including the establishment of over 20 facilities in the SADC region and the Gold Fields Participatory Course at Rhodes University.
The filing text does not provide a clear value or specific discussion regarding financial risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the methodology and criteria used by Sustainability Research and Intelligence (SR&I) and KPMG for the JSE SRI Index ranking.
- Confirm the operational status and economic impact of the Living Gold cut rose facility in Merafong.
- Review the company's annual report (Form 20-F) for financial performance data not included in this 6-K filing.
- Assess the scalability of the HIV/AIDS wellness program and its impact on workforce productivity and costs.