Global Reporting Initiative (GRI) G3 Content Assessment.
Referenced page numbers refer to our printed Integrated Annual Report for 2015 which is also available in pdf format on our website, the other references are to our online integrated report for 2015 on our website which contains additional information and information in other areas of our website.
| STANDARD DISCLOSURES PART I: Profile Disclosures | ||||||
| 1. Strategy and Analysis | ||||||
| Profile Disclosure | Description | Reference | Section | |||
| 1.1 | Statement from the most senior decision-maker of the organization | 35 | Chairman's report | |||
| 1.2 | Description of key impacts, risks, and opportunities. | 2-3, 4, 6, 7-8, 48 |
Organisational overview and business model, Our operating context; Material issues, Approach to risk management | |||
| 2. Organisational Profile | ||||||
| 2.1 | Name of the organization. | FC | Front and inside cover | |||
| 2.2 | Primary brands, products, and/or services. | 2 - 6, 16 - 18, 50 | Organisational overview and business model, Our operating context; | |||
| 2.3 | Operational structure of the organization, including main divisions, operating companies, subsidiaries, and joint ventures. | 2, 50 - 51 | Organisational overview, Directors reports; | |||
| 2.4 | Location of organisation's headquarters. | IBC, and online | Corporate information | |||
| 2.5 | Number of countries where the organization operates, and names of countries with either major operations or that are specifically relevant to the sustainability issues covered in the report. | 2, 6, 16, 18 | Organisational overview and business model Our operating context; Manufactured capital | |||
| 2.6 | Nature of ownership and legal form. | IFC, 2, 50, 52, 53 | About this report; Directors report; | |||
| 2.7 | Markets served (including geographic breakdown, sectors served, and types of customers/beneficiaries). | 6, 9-11, | Our operating context; Chief Executive Officer’s strategic review; | |||
| 2.8 | Scale of the reporting organization. | 2, 3, 4, 6, 12 - 15, 16 - 17, 30 |
Group condensed statement of comprehensive income, Organisational overview, Our operating context, Financial capital and Manufactured capital. The total workforce of Glencore-Merafe Chrome Venture by employment contract | |||
| 2.9 | Significant changes during the reporting period regarding size, structure, or ownership. | IFC, 2, 3, 35 | About this report, Organisational overview | |||
| 2.10 | Awards received in the reporting period. | IFC, 3, 35 | About this report, Chairman's report; | |||
| 3. Report Parameters | ||||||
| 3.1 | Reporting period (e.g., fiscal/calendar year) for information provided. | IFC, 12 - 15, 50 - 51 | About this report, Financial capital, Directors report; | |||
| 3.2 | Date of most recent previous report (if any). | IFC | About this report | |||
| 3.3 | Reporting cycle (annual, biennial, etc.) | IFC, 1 | IFC | |||
| 3.4 | Contact point for questions regarding the report or its contents. | IFC | Corporate information | |||
| 3.5 | Process for defining report content. | IFC , 7-8, 49 | About this report, Material issues | |||
| 3.6 | Boundary of the report (e.g., countries, divisions, subsidiaries, leased facilities, joint ventures, suppliers). See GRI Boundary Protocol for further guidance. | IFC, 49, 50 | About this report, Directors report | |||
| 3.7 | State any specific limitations on the scope or boundary of the report (see completeness principle for explanation of scope). | IFC, 49, | About this report, Sustainabilty review and Assurance; | |||
| 3.8 | Basis for reporting on joint ventures, subsidiaries, leased facilities, outsourced operations, and other entities that can significantly affect comparability from period to period and/or between organizations. | IFC, 2, 50 - 51 | About this report; Directors report; | |||
| 3.9 | Data measurement techniques and the bases of calculations, including assumptions and techniques underlying estimations applied to the compilation of the Indicators and other information in the report. Explain any decisions not to apply, or to substantially diverge from, the GRI Indicator Protocols. | 27, IFC, 4, 7 - 8, 49 | Human capital, Material issues, Sustainabilty review and Assurance; | |||
| 3.10 | Explanation of the effect of any re-statements of information provided in earlier reports, and the reasons for such re-statement (e.g., mergers/acquisitions, change of base years/periods, nature of business, measurement methods). | 20, 21, 22 | Greenhouse gas emissions (GHGs) and energy use, Climate change, Energy and Environmental sections; | |||
| 3.11 | Significant changes from previous reporting periods in the scope, boundary, or measurement methods applied in the report. | IFC | About this report | |||
| 3.12 | Table identifying the location of the Standard Disclosures in the report. | IFC, AFS | ||||
| 3.13 | Policy and current practice with regard to seeking external assurance for the report. | IFC, 35, 49 | Chairman's report; Sustainability Review and Assurance | |||
| 4. Governance, Commitments, and Engagement | ||||||
| 4.1 | Governance structure of the organization, including committees under the highest governance body responsible for specific tasks, such as setting strategy or organizational oversight. | 37 - 41 | Our approach to governance | |||
| 4.2 | Indicate whether the Chair of the highest governance body is also an executive officer. | 36, 35, 37, 38, 41 | Directorate section, Chairman's report; Our approach to governance; | |||
| 4.3 | For organizations that have a unitary board structure, state the number of members of the highest governance body that are independent and/or non-executive members. | 36, 37, 38, 41 | Directorate, Our approach to governance | |||
| 4.4 | Mechanisms for shareholders and employees to provide recommendations or direction to the highest governance body. | 4, 7, 35, 39, 54 - 55 |
Chairman's report, Social, Ethics & Transformation Committee, Stakeholder engagement in online integrated report for 2015; | |||
| 4.5 | Linkage between compensation for members of the highest governance body, senior managers, and executives (including departure arrangements), and the organization's performance (including social and environmental performance). | 42 - 47 | Abridged remuneration report; Remuneration policy; | |||
| 4.6 | Processes in place for the highest governance body to ensure conflicts of interest are avoided. | 37 - 38, 41, 45, and website | Reporting in terms of Section 3.84 of the JSE; Our approach to governance in our online integrated report for 2015 | |||
| 4.7 | Process for determining the qualifications and expertise of the members of the highest governance body for guiding the organization's strategy on economic, environmental, and social topics. | 38, 40, 41 | Remuneration and Nomination Committee; | |||
| 4.8 | Internally developed statements of mission or values, codes of conduct, and principles relevant to economic, environmental, and social performance and the status of their implementation. | 37, 38, 39, 40, 41 and website | Social, Ethics and Transformation Committee report, Ethics section of online integrated report for 2015, Our approac to governance, Material issues and Risk section; | |||
| 4.9 | Procedures of the highest governance body for overseeing the organization's identification and management of economic, environmental, and social performance, including relevant risks and opportunities, and adherence or compliance with internationally agreed standards, codes of conduct, and principles. | 7 - 8, 48 and our online integrated report for 2015 | Social, Ethics and Transformation Committee report, Ethics section of online integrated report for 2015 | |||
| 4.10 | Processes for evaluating the highest governance body's own performance, particularly with respect to economic, environmental and social performance. | 37 - 38, 48, 41 | Our approach to governance | |||
| 4.11 | Explanation of whether and how the precautionary approach or principle is addressed by the organisation. | 37, 41 | Material issues | |||
| 4.12 | Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organisation subscribes or endorses. | 34 | Human capital, See online report | |||
| 4.13 | Memberships in associations (such as industry associations) and/or national/international advocacy organizations in which the organization: * Has positions in governance bodies; * Participates in projects or committees; * Provides substantive funding beyond routine membership dues; or * Views membership as strategic. | 20, also stakeholder engagement on our website | Externally developed principles, charters and initiatives which Merafe and Venture subscribe | |||
| 4.14 | List of stakeholder groups engaged by the organization. | 4, 8 and 48 | Stakeholders | |||
| 4.15 | Basis for identification and selection of stakeholders with whom to engage. | 4, 7 - 8 and on website | Stakeholders and Stakeholder engagement table which forms part of our online integrated report for 2015, Material issues; | |||
| 4.16 | Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group. | 4, 7 - 8, 26, 29, 34, 35, 48 and on our website | Engagement with stakeholders, stakeholder responsiveness and the stakeholder engagement table which forms part of our online integrated report | |||
| 4.17 | Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns, including through its reporting. | 4, 7 - 8, 48 and website | Stakeholders and stakeholder engagement which forms part of our online integrated repor | |||
| STANDARD DISCLOSURES PART II: Disclosures on Management Approach (DMAs) | ||||||
| G3 DMA | ||||||
| DMA EC | Disclosure on Management Approach EC | 7, 9, 12, 17, 35, 37 - 39, 48 |
Strategic Review, Financial Capital and Governance | |||
| DMA EN | Disclosure on Management Approach EN | 20, 22 and online integrated report for 2015 | Incidents and compliance | |||
| DMA LA | Disclosure on Management Approach LA | 27, 28, 29, 30, 31 and our online integrated report for 2015 | Human capital | |||
| DMA HR | Disclosure on Management Approach HR | 34 and our online integrated report for 2015 | Respecting the rights of communities; Human rights | |||
| DMA SO | Disclosure on Management Approach SO | 32 and our online integrated report for 2015 | Social capital | |||
| DMA PR | Disclosure on Management Approach PR | Natural capital section of our online integrated report for 2015 | Product stewardship | |||
| STANDARD DISCLOSURES PART III: Performance Indicators | ||||||
| Economic | ||||||
| Performance Indicator | ||||||
| EC1 | Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments. | 13, 15 | Statement of comprehensive income | |||
| EC2 | Financial implications and other risks and opportunities for the organization's activities due to climate change. | 20 - 21 and our online integrated report for 2015 | The risks associated with climate change | |||
| EC3 | Coverage of the organisation's defined benefit plan obligations. | Our online integrated report for 2015 | Employee benefits | |||
| EC4 | Significant financial assistance received from government. | N/A | N/A | |||
| EC5 | Range of ratios of standard entry level wage compared to local minimum wage at significant locations of operation. | N/A | N/A | |||
| EC6 | Policy, practices and proportion of spending on locally-based suppliers at significant locations of operation. | 34 | Procurement | |||
| EC7 | Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation. | 29, 31, 33, 34 | Job creation and skills development | |||
| EC8 | Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement. | 32 and our online integrated report for 2015 | Socio - economic development | |||
| EC9 | Understanding and describing significant indirect economic impacts, including the extent of impacts. | 32, 34 and our online integrated report for 2015 | Social - economic development | |||
| Environmental | ||||||
| EN1 | Materials used by weight or volume. | 22 | Water | |||
| EN2 | Percentage of materials used that are recycled input materials. | Natural capital section of our online integrated report for 2015 | Waste | |||
| EN3 | Direct energy consumption by primary energy source. | Natural capital section of our online integrated report for 2015 | Natural capital | |||
| EN4 | Indirect energy consumption by primary source. | 21 and our online integrated report for 2015 | Natural capital | |||
| EN5 | Energy saved due to conservation and efficiency improvements. | 5, 18, 21 , 17 | Five year historical review and Manufactured capital | |||
| EN6 | Initiatives to provide energy-efficient or renewable energy based products and services, and reductions in energy requirements as a result of these initiatives. | 20 and our online integrated report for 2015 | Natural capital | |||
| EN7 | Initiatives to reduce indirect energy consumption and reductions achieved. | 20 - 21 and our online integrated report for 2015 | Natural capital | |||
| EN8 | Total water withdrawal by source. | 22 | The Venture's water usage | |||
| EN9 | Water sources significantly affected by withdrawal of water. | 22 | Water use and availability | |||
| EN10 | Percentage and total volume of water recycled and reused. | 22 | Water | |||
| EN11 | Location and size of land owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas. | Our online integrated report for 2015 | Biodiversity and land management | |||
| EN12 | Description of significant impacts of activities, products, and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas. | N/A | N/A | |||
| EN13 | Habitats protected or restored. | N/A | N/A | |||
| EN14 | Strategies, current actions, and future plans for managing impacts on biodiversity. | Our online integrated report for 2015 | Biodiversity and land management | |||
| EN15 | Number of IUCN Red List species and national conservation list species with habitats in areas affected by operations, by level of extinction risk. | N/A | N/A | |||
| EN16 | Total direct and indirect greenhouse gas emissions by weight. | 20; 21 | Natural capital | |||
| EN17 | Other relevant indirect greenhouse gas emissions by weight. | N/A | N/A | |||
| EN18 | Initiatives to reduce greenhouse gas emissions and reductions achieved. | 20 and our online integrated report for 2015 | Natural capital | |||
| EN19 | Emissions of ozone-depleting substances by weight. | N/A | N/A | |||
| EN20 | NOx, SOx, and other significant air emissions by type and weight. | Our online integrated report for 2015 | Managing emissions, Natural capital; | |||
| EN21 | Total water discharge by quality and destination. | N/A | N/A | |||
| EN22 | Total weight of waste by type and disposal method. | Our online integrated report for 2015 | Natural capital, Waste | |||
| EN23 | Total number and volume of significant spills. | 22, Our online integrated report for 2015 | Incidents and compliance | |||
| EN24 | Weight of transported, imported, exported, or treated waste deemed hazardous under the terms of the Basel Convention Annex I, II, III, and VIII, and percentage of transported waste shipped internationally. | N/A | N/A | |||
| EN25 | Identity, size, protected status, and biodiversity value of water bodies and related habitats significantly affected by the reporting organization's discharges of water and runoff. | N/A | N/A | |||
| EN26 | Initiatives to mitigate environmental impacts of products and services, and extent of impact mitigation. | N/A | N/A | |||
| EN27 | Percentage of products sold and their packaging materials that are reclaimed by category. | Our online integrated report for 2015 | Product stewardship | |||
| EN28 | Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations. | 22 | Incidents and compliance | |||
| EN29 | Significant environmental impacts of transporting products and other goods and materials used for the organization's operations, and transporting members of the workforce. | N/A | N/A | |||
| EN30 | Total environmental protection expenditures and investments by type. | N/A | N/A | |||
| Social: Labour Practices and Decent Work | ||||||
| LA1 | Total workforce by employment type, employment contract, and region. | 30 | The total workforce of Venture by employment contract | |||
| LA2 | Total number and rate of employee turnover by age group, gender, and region. | N/A | N/A | |||
| LA3 | Benefits provided to full-time employees that are not provided to temporary or part-time employees, by major operations. | Our online integrated report for 2015 | Employee benefits | |||
| LA4 | Percentage of employees covered by collective bargaining agreements. | 22, 29 | Labour relations | |||
| LA5 | Minimum notice periods regarding significant operational changes, including whether it is specified in collective agreements. | N/A | N/A | |||
| LA6 | Percentage of total workforce represented in formal joint management-worker health and safety committees that help monitor and advise on occupational health and safety programs. | 27 | Accountability | |||
| LA7 | Rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities by region. | 5, 27 | Safety | |||
| LA8 | Education, training, counselling, prevention, and risk-control programs in place to assist workforce members, their families, or community members regarding serious diseases. | 28 and our online integrated report for 2015 | Human capital | |||
| LA9 | Health and safety topics covered in formal agreements with trade unions. | 27, 29 | Accountability | |||
| LA10 | Average hours of training per year per employee by employee category. | 31 | Development and training | |||
| LA11 | Programmes for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings. | 31 and our online integrated report for 2015 | Human capital | |||
| LA12 | Percentage of employees receiving regular performance and career development reviews. | Our online integrated report for 2015 | Our approach | |||
| LA13 | Composition of governance bodies and breakdown of employees per category according to gender, age group, minority group membership, and other indicators of diversity. | 30, 36 | Human capital and Governance | |||
| LA14 | Ratio of basic salary of men to women by employee category. | 29 and our online integrated report for 2015 | Our approach to our employees and Employee remuneration | |||
| Social: Human Rights | ||||||
| HR1 | Percentage and total number of significant investment agreements that include human rights clauses or that have undergone human rights screening. | N/A | N/A | |||
| HR2 | Percentage of significant suppliers and contractors that have undergone screening on human rights and actions taken. | 32 - 34 | Ethics | |||
| HR3 | Total hours of employee training on policies and procedures concerning aspects of human rights that are relevant to operations, including the percentage of employees trained. | 31 | Development and training | |||
| HR4 | Total number of incidents of discrimination and actions taken. | Our online integrated report for 2015 | Social capital: Our approach | |||
| HR5 | Operations identified in which the right to exercise freedom of association and collective bargaining may be at significant risk, and actions taken to support these rights. | Our online integrated report for 2015 | Social capital: Our approach | |||
| HR6 | Operations identified as having significant risk for incidents of child labour, and measures taken to contribute to the elimination of child labour. | Our online integrated report for 2015 | Social capital: Our approach | |||
| HR7 | Operations identified as having significant risk for incidents of forced or compulsory labour, and measures to contribute to the elimination of forced or compulsory labour. | Our online integrated report for 2015 | Social capital: Our approach | |||
| HR8 | Percentage of security personnel trained in the organisation's policies or procedures concerning aspects of human rights that are relevant to operations. | N/A | N/A | |||
| HR9 | Total number of incidents of violations involving rights of indigenous people and actions taken. | Our online integrated report for 2015 | Social capital: Our approach | |||
| Social: Society | ||||||
| SO1 | Nature, scope, and effectiveness of any programmes and practices that assess and manage the impacts of operations on communities, including entering, operating, and exiting. | 34 | Respecting the rights of communities | |||
| SO2 | Percentage and total number of business units analysed for risks related to corruption. | 34 | Ethics | |||
| SO3 | Percentage of employees trained in organization's anti-corruption policies and procedures. | 31 | Ethics | |||
| SO4 | Actions taken in response to incidents of corruption. | 34 | Ethics | |||
| SO5 | Public policy positions and participation in public policy development and lobbying. | Our online integrated report for 2015 | Externally developed principles, charters and initiatives to which Merafe and the Venture subscribe |
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| SO6 | Total value of financial and in-kind contributions to political parties, politicians, and related institutions by country. | N/A | N/A | |||
| SO7 | Total number of legal actions for anti-competitive behaviour, anti-trust, and monopoly practices and their outcomes. | N/A | N/A | |||
| SO8 | Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations. | N/A | N/A | |||
| Social: Product Responsibility | ||||||
| PR1 | Life cycle stages in which health and safety impacts of products and services are assessed for improvement, and percentage of significant products and services categories subject to such procedures. | Our online integrated report for 2015 | Product stewardship | |||
| PR2 | Total number of incidents of non-compliance with regulations and voluntary codes concerning health and safety impacts of products and services during their life cycle, by type of outcomes. | N/A | N/A | |||
| PR3 | Type of product and service information required by procedures, and percentage of significant products and services subject to such information requirements. | N/A | N/A | |||
| PR4 | Total number of incidents of non-compliance with regulations and voluntary codes concerning product and service information and labelling, by type of outcomes. | N/A | N/A | |||
| PR5 | Practices related to customer satisfaction, including results of surveys measuring customer satisfaction. | N/A | N/A | |||
| PR6 | Programs for adherence to laws, standards, and voluntary codes related to marketing communications, including advertising, promotion, and sponsorship. | N/A | N/A | |||
| PR7 | Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship by type of outcomes. | N/A | N/A | |||
| PR8 | Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data. | N/A | N/A | |||
| PR9 | Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services. | N/A | N/A | |||