Sustainability overview

  • WE ARE COMMITTED TO:
    A GOAL OF ZERO HARM

  • WE ARE COMMITTED TO:
    A GOAL OF ZERO HARM

The goal of sustainable development is to meet the needs of the present while sustaining the ability of future generations to support their needs. We strive to take a holistic view of business performance and integrate sustainability into all areas of how we operate. We measure our sustainable development progress not only by our achievements but also by the manner in which we manage and mitigate our risks.

Our principles

Creating a safe and healthy working environment

Gem Diamonds promotes a culture of zero harm and responsible care. Our workforce is our most valued asset, and their health and safety is our priority.

Reducing our resource consumption

The Group is reliant on non-renewable resources to conduct its business. The efficient use of these resources is of utmost concern and directly contributes to the resilience of the organisation, helping it adapt to an environment that is increasingly resource constrained.

Product integrity

To Gem Diamonds, product integrity signifies that we have met our responsibilities as an ethical and accountable organisation. To achieve this, we have developed a strong culture of corporate integrity and robust governance.

Minimising our environmental impact

We adopt a precautionary management approach when considering potential environmental impacts. The minimisation, mitigation and management of these impacts are key components of the Group’s duty of care – a responsibility we take seriously.

Developing and retaining our people

Our human resource strategy is to engage, develop and retain high-calibre employees. This is a key element in achieving operational excellence.

Optimising community benefit

Our mines are based within existing socio-economic environments. We benefit from mining diamonds during the life of these operations. In turn, we regard it as our moral obligation to contribute to the sustainable socioeconomic growth of the areas in which we operate.

Materiality

Managing matters that are most material to our sustainability

We consider material matters to be those topics that have a direct or indirect impact on our ability to create or preserve economic environmental and social value for our organisation, our stakeholders and society at large. Material matters, there, include both risks that must be managed as well as opportunities that could be captured to enhance the viability of the business in the short, medium and long term.

Our material matter identification process

We follow a three-step process to determine which matters are most material to the ongoing viability of our business

IDENTIFY

To understand our broader risks and opportunities we look at:
Our economic
context
 
Our social
context
Our environmental
context
Our business context
Our business context includes risks and opportunities that rise from within the business

Our relationships
Through the stakeholder engagement process, key concerns are brought to the attention of management and the Board

PRIORITISE

Once all matters have been identified, these are prioritised and ranked according to the level of influence on our business and relationship with stakeholders.

RESPOND AND MANAGE

OUR MATERIAL MATTERS

Financial and operational

Governance and ethics

Employees

Social

Environmental

2016 Performance overview

We strive to take a holistic view of business performance and integrate sustainability into all areas of how we operate. We measure our sustainable development progress not only by our achievements but also by the manner in which we manage and mitigate our risks.

In this endeavour, key performance indicators (KPIs) are essential measurement tools for Gem Diamonds. Our KPIs are determined by the GRI standards, using measurements relevant to each issue. Tracking these annually allows us to determine which areas require more of our attention going forward. It shows our progress to stakeholders and addresses gaps in our strategic approach. Please see our sustainability performance overview for the KPIs relevant to each matter.

Our progress

Our key performance indicators

Our highlights

Our challenges

Looking ahead