ESG: Supporting our Strategy

Sylvania’s second ESG Report 2023 entitled ‘Supporting our Strategy’, outlines the operational and nonfinancial performance of Sylvania Platinum Limited for the 12 months ended 30 June 2023. This provides stakeholders with insight into the Company’s influence and impact on the environment, the communities in which it operates, the contribution to the South African economy and the commitment of the Board and management to good governance.

Sylvania embarked on its ESG journey by initiating the creation of its inaugural ESG report. This journey entailed identifying and mobilising the catalysts behind its ESG impact. It activated the collection of foundational data on potential significant risks to guarantee that forthcoming objectives were grounded in credible information and well-founded assumptions. As we advanced on this path, the transition phase unfolded, characterised by the formulation of a robust ESG strategy and a comprehensive reporting framework. Ultimately, ESG has become an integral part of Sylvania’s overall business strategy. It is now embedded in every facet of our operations, and we have integrated ESG considerations into Sylvania’s strategic risk register. This strategic move ensures that mitigation strategies pertaining to risks or opportunities tied to ESG factors receive top priority.

The ESG report highlights the material issues which could affect the prospects of the Company and how management is navigating these issues for the benefit of shareholders, clients, communities and employees. As mandated by the Board, Sylvania’s Executive Committee acknowledges its responsibility for ensuring the integrity of the ESG report, and has been diligent in the collection of data, defining assumptions, as well as the preparation and presentation of the report.

The Board believes the Sylvania 2023 ESG Report is aligned with global trends for sustainability reporting and addresses all material matters linked to the Company’s core business. It offers a balanced view of how the Company addresses impacts on society, the environment and the economy in the short, medium and long term.

Environment KPIs


Environment KPIs


Environment KPIs

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7 September 2023

Annual Report FY2023

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