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Exxaro Boosts Social Returns On Investment

Date: 04 December 2014

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10 pages

EXECUTIVE SUMMARY

This report provides heads of sustainability and EH&S directors with an independent analysis of Exxaro Resources’ strategic thinking on investments that maximize sustainability and social impact. Exxaro is a R13.6 billion ($1.2 billion) turnover diversified basic resources and mining firm with operations in Africa, Asia, Australia and Europe. As a mining firm listed on the South Africa Johannesburg Stock Exchange (JSE), Exxaro is required to conduct integrated reporting and submit Social and Labour Plans (SLPs) for mining grant approvals. Verdantix analysis finds that Exxaro’s sustainability strategy places heavy emphasis on community development and includes a social impact assessment utilizing the Social Return on Investment (SROI) methodology. Chief Sustainability Officers (CSOs) that want to maximize social returns on investment need to prioritize the appropriate beneficiaries most in need of support, assess local demands and economic strengths, as well as establish and maintain the long-term partnerships necessary for projects to succeed.

TABLE OF CONTENTS

EXXARO BOOSTS SOCIAL RETURNS ON INVESTMENT

Exxaro’s Sustainability Strategy Emphasizes Community Engagement
Exxaro Tackles Challenges In Measuring Community Impact With Social Impact Assessment
Study Reveals Lessons Learned On Improving SROI Impact

Figure 1: Exxaro Identification Of Five Capital Benefits, Risks and KPIs
Figure 2. Exxaro Sustainability Strategy Goals And Performance
Figure 3. Exxaro Community Development Project SROI Impacts
 

ORGANIZATIONS MENTIONED

Bill & Melinda Gates Foundation, Exxaro Resources, GRI, IIRC, Ithemba Governance and Statutory Solutions, Johannesburg Stock Exchange, KPMG, PwC, Social Impact Analysts Association, Social Value International, South Africa Department of Agriculture, South Africa Department of Mineral Resources, The SROI Network, World Business Council for Sustainable Development