Gold Fields

Organization type: Publicly listed company

Industry: Basic materials

Region: Africa

Integrated Report 2017

Integrated Report 2017

Risks and opportunities

IR Guiding Principles

  • Strategic focus and future orientation
Integrated Report 2016

Integrated Report 2016

Overall Winner

Winner

Annual Review 2013

Annual Review 2013

Award: 2014 Excellence in Integrated Reporting - Top 10

Judge's comments

Gold Fields’ report sensibly starts with the International Framework’s definition of an integrated report. This is followed by a clear diagrammatic explanation of the business model and how the model is implemented through a number of value-adding activities. 

The risk disclosures, which follow the explanation of strategic trends, are excellent. These risk disclosures include an explanation of the processes used to identify risk, a description of each risk and the mitigation strategy and a ‘heat map’ that visually presents the severity and probability of each risk. 
Furthermore, risks are categorized between ‘short-term’ and ‘long-term’ and clearly linked to the relevant strategy together with an indication of risk appetite, tolerance level, targets and the change in risk. Sustainability issues are particularly well integrated in the report, and there is a clear link between the external environment and the implications for the business. We also liked the way in which the financial statements are included within the Chief Financial Officer’s report.