JOHANNESBURG, November 12, 2010 /PRNewswire via COMTEX/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that it was ranked joint first in the JSE Top 100 Carbon Disclosure Leadership Index (CDLI), which rates companies listed on the Johannesburg Stock Exchange in South Africa on their disclosure of carbon emissions.
In 2009 Gold Fields was fifth in the CDLI, but this year it improved to joint first (with FirstRand) with a disclosure rating of 93 percent. The awards were handed over at a function in Johannesburg last night by South Africa's new Water & Environmental Affairs Minister, Mrs Edna Molewa.
The CDLI is carried out annually by the global Carbon Disclosure Project (CDP) organisation amongst 5,000 companies in 60 countries. In SA the project is supported by the National Business Initiative.
The CDP also evaluates companies based on their strategies and projects to mitigate the impact of climate change. In this ranking, the Carbon Performance Ratings, Gold Fields was also one of only four JSE Top 100 companies placed in the top band for their climate mitigation and adaptation actions.
Gold Fields Chief Executive Officer, Nick Holland, commented on the awards: "We are committed to sustainable gold mining and our actions on energy efficiency and carbon emissions are integral to the way we do business.
"Mitigating the impact of carbon emissions starts with a detailed inventory of our footprint which then leads to emission reducing projects. That is why we are so pleased that we performed well both in the CDLI and the Carbon Performance Ratings," he adds.
Earlier this year Gold Fields become the world's first gold mining company to sell Certified Emissions Reductions (CERs), the financial securities used to trade carbon emissions. The CERs were derived from the capture of methane gas at its Beatrix Gold Mine in South Africa's Free State province.
More details on Gold Fields' carbon policies and projects are available on the company's website at: http://www.goldfields.co.za/sus_cs_executive.php.
Notes to editors About Gold Fields Gold Fields is one of the world's largest unhedged producers of gold with attributable production of 3.5 million gold equivalent ounces per annum from nine operating mines in South Africa, Ghana, Australia and Peru. Gold Fields also has an extensive growth pipeline with both greenfields and nearmine exploration projects at various stages of development. Gold Fields has total attributable gold equivalent Mineral Reserves of 78 million ounces and Mineral Resources of 281 million ounces. Gold Fields is listed on JSE Limited (primary listing), the New York Stock Exchange (NYSE), the NASDAQ Dubai Limited, the Euronext in Brussels (NYX) and the Swiss Exchange (SIX).
Sponsor: J.P. Morgan Equities Limited SOURCE Gold Fields Limited www.prnewswire.com Copyright (C) 2010 PR Newswire. All rights reserved -0- KEYWORD: North America INDUSTRY KEYWORD: MNG
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