Company Directory - Gold Fields Limited
Company Details - Gold Fields Limited
Gold Fields Limited
WebsiteSouth Africa
Gold Fields Limited is a globally diversified gold mining company headquartered in South Africa that operates mines in various countries.
CCI Score
CCI Score: Gold Fields Limited
35.74
-0.02%
Latest Event
Lawsuit over Subhuman Working Conditions at Gold Fields Limited
Gold Fields Limited is facing a $7bn lawsuit in New York over allegations of exposing over 500 former employees, predominantly black workers, to subhuman working conditions. This legal action underscores severe labor rights violations and potential discriminatory practices within the company.
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DISSENTER
Gold Fields Limited is currently rated as a Dissenter.
Latest Events
- SEP012025
Gold Fields Limited is facing a $7bn lawsuit in New York over allegations of exposing over 500 former employees, predominantly black workers, to subhuman working conditions. This legal action underscores severe labor rights violations and potential discriminatory practices within the company.
-80
Labor Relations and Human Rights Practices
March 26
The lawsuit alleges that Gold Fields Limited subjected its workers, particularly black employees, to subhuman conditions, which represents a significant breach in labor relations and human rights practices. This negative event exposes systemic exploitation and discriminatory practices that align with concerns over business ethics and the treatment of labor, directly contributing to a higher complicity in oppressive, authoritarian structures.
- JAN012024
Gold Fields demonstrates a strong commitment to ethical labor practices through its public disclosure of fair employment, union rights, and collective bargaining. The company’s approach to labour and management relations underscores its respect for worker rights and adherence to international employment standards, aligning with anti-fascist values in promoting social justice.
+80
Labor Relations and Human Rights Practices
March 26
The article emphasizes Gold Fields’ commitment to fair treatment of employees, equal opportunity, and the right to unionize. By promoting open communication and adhering to international norms for collective bargaining, the company takes a robust stance in protecting labor rights. This positive approach to labor relations is a key indicator of ethical business practices that resist authoritarian exploitation of workers.
- DEC312023
Gold Fields details its comprehensive human rights policies and sustainability initiatives, showcasing strong commitments to ethical labor practices and supply chain due diligence. The company outlines grievance mechanisms and adherence to international standards, while acknowledging areas for improvement in internal trust of its reporting systems.
+80
Labor Relations and Human Rights Practices
March 26
Gold Fields demonstrates a strong commitment to human rights through its robust Human Rights Policy Statement, adherence to international standards such as the UN Guiding Principles, and the implementation of grievance mechanisms. While internal processes have been critiqued for low levels of trust, the overall proactive approach to labor relations and human rights is evident.
+75
Supply Chain Ethics
March 26
The article highlights a rigorous approach to supply chain ethics, including monthly screening of all business partners based on predefined risk metrics. This proactive measure to prevent human rights abuses among suppliers underscores the company's commitment to ethical sourcing practices.
- JAN012023
The Integrated Annual Report 2023 details Gold Fields' commitment to transparency in its political engagements. The company emphasizes its strict adherence to a Code of Conduct that disallows financial contributions to political parties without explicit Board approval, and it outlines robust government engagement practices and regulatory compliance across multiple jurisdictions.
+70
Public and Political Behavior
March 26
Gold Fields demonstrates responsible public and political behavior by explicitly stating that no direct political donations are made unless approved by the Board, ensuring transparency and reducing the risk of undue influence. This ethical stance supports democratic processes and reduces complicity with authoritarian practices.
+60
Business Practices and Ethical Responsibility
March 26
The report outlines a strong adherence to ethical business practices, including a strict policy on political donations that require explicit Board approval. This demonstrates a commitment to corporate transparency and ethical responsibility in political and business realms.
+50
Economic and Structural Influence
March 26
Gold Fields engages constructively with governmental bodies through formal agreements and compliance with evolving regulatory frameworks. This balanced approach to economic influence ensures operational stability without exerting undue pressure on regulatory bodies, avoiding practices that could be seen as complicit in authoritarian endeavors.
- DEC312021
In its 2021 Integrated Annual Report, Gold Fields demonstrated a strong commitment to upholding human rights by rolling out comprehensive e-learning training, conducting thorough human rights due diligence across sites, and establishing robust grievance mechanisms for employees and host communities. These efforts reflect positively on its business practices and labor relations.
+80
Business Practices and Ethical Responsibility
March 26
Gold Fields has demonstrated proactive engagement in its human rights policies by integrating comprehensive training programs, due diligence assessments, and effective grievance mechanisms. This shows significant ethical responsibility in its business practices by ensuring adherence to international human rights standards which counteract oppressive labor practices.
+80
Labor Relations and Human Rights Practices
March 26
The measures implemented by Gold Fields, including the rollout of e-learning human rights training for employees and the establishment of internal and external grievance procedures, underscore a commitment to robust labor relations and human rights practices. Such initiatives are essential for protecting workers and community rights against exploitative practices.
- MAR012021
Gold Fields Limited has reached a wage agreement with trade unions NUM and Uasa for its South Deep mine, ensuring wage increases averaging 6.5% over the period from March 1, 2021, to February 28, 2024. This agreement advances labor rights and signals a commitment to fair treatment of workers in an industry often criticized for exploitative labor practices.
+80
Labor Relations and Human Rights Practices
March 26
The negotiated three-year wage agreement is a significant positive development for labor relations at Gold Fields Limited. By ensuring structured and fair wage increases and addressing broader working conditions, the company demonstrates a commitment to its workforce. This progressive stance supports anti-fascist and pro-worker human rights values, countering broader trends of exploitation within the mining sector.
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- Gold Ore Mining