ABET |
Adult Basic Education and Training, aimed at improving literacy levels and providing
learners with nationally recognised qualifications |
ADR facility |
American Depositary Receipt facility |
AIDS |
Acquired Immune Deficiency Syndrome, a disease of the immune system caused
by HIV infection. HIV & AIDS pose serious challenges for the government and the
industry, as South Africa is one of the countries worst affected by the pandemic |
ART |
Anti-retroviral therapy, treatment of retroviruses especially HIV, usually involving a
cocktail of drugs |
BEE |
Black Economic Empowerment, a socioeconomic policy that contributes to the
economic transformation of the country and increases the number of HDSAs
(historically disadvantaged South Africans) participating in the economy |
CDP |
Carbon Disclosure Project is an independent not-for-profit organisation which acts
as an intermediary between shareholders and corporations on all climate change
related issues, providing primary climate change data from the world’s largest
corporations, to the global market place |
CSI |
Corporate social investment |
DEA |
Department of Environmental Affairs |
DMR |
Department of Mineral Resources |
DoL |
Department of Labour, South Africa |
DOT |
Directly Observed Treatment |
DSM |
Demand Side Management |
DTI |
Department of Trade and Industry |
DWA |
Department of Water Affairs, South Africa |
EIA |
Environmental Impact Assessment |
EMP |
Environmental Management Plan |
EMS |
Environmental Management System |
ETFs |
Exchange Traded Funds |
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FIIR |
Fatal injury incidence rate per 200 000 man hours worked |
GHG |
Greenhouse gas |
GRI |
Global Reporting Initiative is a multi-stakeholder governed institution collaborating
to provide the global standards in sustainability reporting. These standards set out
the principles and indicators that organisations can use to measure and report their
economic, environmental, and social performance |
HDSAs |
Historically disadvantaged South Africans, all persons and groups who have been
previously discriminated against on the basis of race, gender and disability. Defined
by the MPRDA |
HIV |
Human Immunodeficiency Virus which causes AIDS by infecting the helper T cells of
the immune system. The HIV virus is transmitted through blood or bodily secretions |
IDP |
Integrated development plans provided for by the Local Government Municipal
Systems Act. (NO. 32 of 2000) |
IFRS |
International Financial Reporting Standards |
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ILO |
International Labour Organisation |
ISO |
Published in 1996 by the International Organisation for 14001 Environmental
Standardisation, it specifies the actual requirements for an environmental
management system (EMS) |
JSE |
JSE Limited, formerly known as the JSE Securities Exchange South Africa |
King III |
King III is the abbreviated name for the King Report on Corporate Governance for
South Africa published in 2010 in South Africa |
KPI |
Key performance indicator |
LED |
Local economic development |
LTIIR |
Lost time injury incidence rate measured per 200 000 man hours worked |
Mining Charter |
The Broad-Based Social-Economic Empowerment Charter for the South African
Mining Industry. The goal of the charter is to bring about an industry that reflects
the promise of a non racial South Africa |
MHSA |
Mine Health and Safety Act 29 of 1996 |
MPRDA |
Minerals and Petroleum Resources Development Act 28 0f 2002 |
MQA |
Mining Qualifications Authority, a Sector Education Training Authority for the
Mining and Minerals Sector. Its mission is to facilitate and promote human resources
development in the sector |
NEMA |
National Environmental Management Act |
NGOs |
Non-governmental organisations |
NIHL |
Noise induced hearing loss |
NUM |
National Union of Mineworkers, the largest collective bargaining agent representing
workers in the mining and energy industries in South Africa |
PGM |
Platinum group metals, including platinum, palladium, rhodium, iridium, ruthenium
and osmium |
PPE |
Personal protective equipment |
OLD |
Occupational lung disease |
RIIR |
Reportable injury incidence rate: injuries resulting in 14 or more days absence from
work per 200 000 man hours worked |
Scope 1 emissions |
Direct GHG emissions from sources that are owned or controlled by the entity. Scope
1 can include emissions from fossil fuels burned on site, emissions from entity owned
or entity-leased vehicles, and other direct sources |
Scope 2 emissions |
Indirect GHG emissions resulting from the generation of electricity, heating
and cooling, or steam generated off site but purchased by the entity, and the
transmission and distribution (T&D) losses associated with some purchased utilities
(e.g., chilled water, steam, and high temperature hot water) |
Scope 3 emissions |
Indirect GHG emissions from sources not owned or directly controlled by the entity
but related to the entity’s activities. Scope 3 GHG emissions sources currently
required for federal GHG reporting include T&D losses associated with purchased
electricity, employee travel and commuting, contracted solid waste disposal, and
contracted wastewater treatment. Additional sources that are currently optional,
and which EPA is considering accounting for in its inventory, include vendor supply
chains, delivery services, outsourced activities, and site remediation activities |
SETA |
Mining Sector Education Training Authority, South Africa |
SHE committee |
Safety, health and environment committee |
SLPs |
Social and labour plans aimed at promoting employment and advancement of the
social and economic welfare of all South Africans whilst ensuring economic growth
and socioeconomic development. Stipulated in the MPRDA |
SRI |
Socially responsible investment index of the JSE |
STIs |
Sexually transmitted infections |
TB |
Pulmonary tuberculosis |
TSF |
Tailings storage facility |
VCT |
Voluntary counselling and testing, a programme aimed at encouraging voluntary HIV
testing in order for individuals to know their status |
VRT |
Virgin rock temperature |
WHO |
World Health Organization |