<strong>Sentula</strong> Mining Limited Integrated <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong>Governance reports continued44King III checklist8. Governing stakeholder relationships continued8.2 The Board should delegate to management to proactively deal with stakeholderrelationships ✓8.3 The Board should strive to achieve the appropriate balance between its variousstakeholders groupings, in the best interest of the Company ✓8.4 Transparent and effective communications with stakeholders is essential forbuilding and maintaining their trust and confidence ✓8.5 The Board should ensure that disputes are resolved as effectively, efficiently andexpeditiously as possible ✓9. Integrated reporting disclosure9.1 The Board should ensure the integrity of the Company’s Integrated <strong>Annual</strong><strong>Report</strong> ✓9.2 Sustainability reporting and disclosure should be integrated with the Company’sfinancial reporting9.3 Sustainability reporting and disclosure should be independently assured ✘ The Audit andRisk Committeereviews the needfor externalassurance annually✓The InternationalAccounting andAuditing StandardBoard’sinternationalstandard onassuranceengagements(SAE 3000) andAccountability’sAssuranceStandard(AA1000AS) aretaken into accountin deciding onwhere and whento use externalassuranceproviders
<strong>Sentula</strong> Mining Limited Integrated <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong>Sustainability report45OverviewTwo years ago, <strong>Sentula</strong> Mining embarked on the firstannual review of its performance in the field ofsustainable development. Now in our third year ofreporting, <strong>Sentula</strong> understands that fully integratedreporting is a journey, not a destination.This report covers <strong>Sentula</strong>’s <strong>2012</strong> financial year withthe aim of providing our stakeholders with a broadoverview of our current activities and performance inthe areas of sustainable development, transformation,health, safety, environment and our interaction withlocal communities.The review process is focused primarily on ouractivities in South Africa, where the majority of ouroperations are based, but does include limitedcoverage outside its borders. In addition to SouthAfrica, we operate in Botswana, the DemocraticRepublic of Congo, Ethiopia, Malawi, Mozambique,Liberia, Zambia, Côte d’Ivoire and Tanzania. Due tothe remoteness of many of the operations outsideSouth Africa reporting in these areas remains achallenge; however, in future we expect to providemore information on our sustainable developmentperformance in these areas.This review has been compiled using the principlesfor integrated sustainability reporting as outlined inKing III, the Integrated <strong>Report</strong>ing Committee’sdiscussion document of April 2011 and the Global<strong>Report</strong>ing Initiative (“GRI”) G3.1 sustainabilityreporting guidelines.Key performance indicators (“KPIs”) have been usedto give a high-level overview of our sustainabledevelopment performance. The use of KPIs allows usto compare our performance in these areas to that ofprevious years and across our business. In the lastreview we set targets for selected KPIs and in thisreview we will report on our performance as well asset targets for the next reporting period.Governance<strong>Sentula</strong> is committed to building a clean reputationand credibility as the preferred mining servicescompany on the African continent.As a company listed on the JSE and a responsiblebusiness entity, we embrace the King III Code ofGovernance Principles which advocates integrity in allaspects of business. This means that we need to beable to account for and demonstrate ethical, credibleand transparent business conduct in everything wedo and in our relationships with all our stakeholders.<strong>Sentula</strong> acknowledges its responsibility to goodbusiness practice and strives to be acknowledged asa service provider with integrity.At <strong>Sentula</strong> we strive to meet all our legal requirementsto ensure our credibility and sustainability. Ourmanagement team keeps a close eye on newlegislative developments in an effort to keep up todate with ever-evolving legal requirements. We willnot tolerate any form of bribery or unethical businessconduct, especially as we commence explorationand/or mining activities in new areas throughout thecontinent. The Group philosophy of zero tolerance ofany form of corruption, fraud, abuse or unethicalbusiness practice means that we do not hesitate totake disciplinary action against any employee believedto have transgressed these ethics.As a responsible business entity, we seek to promotethe observance of human rights in the countries inwhich we operate and support the principles set forthin the Universal Declaration of Human Rights. <strong>Sentula</strong>complies with the International Labour Organisation’sConventions and does not employ people belowthe age of 18. No political donations or in-kindcontributions are made.Nkomati Anthracite has experienced a number ofenvironmental legislative challenges in both this andthe previous reporting period. The mine has been inoperation since the 1980s and has changed hands anumber of times during this time. Both legacy andrecently arising challenges exist. However, <strong>Sentula</strong>remains committed to legal compliance and ethicalpractices. In demonstration of this commitment, inMay 2011 Nkomati Anthracite was placed on ‘careand maintenance’ pending the finalisation of theIWULA applications at the operation.
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