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Sibanye-Stillwater Chief Sustainability Officer Melanie Naidoo-Vermaak: 4 Things to Know

January 11, 2024 by Joe Panettieri

Sibanye-Stillwater has hired Melanie Naidoo-Vermaak (pictured above) as chief sustainability officer (CSO). She joined the mining and metals processing company on January 1, 2024.

Here are four things to know about Naidoo-Vermaak's experience and expertise, and Sibanye-Stillwater's sustainability strategy.

1. Business Scope and Scale: Sibanye-Stillwater, founded in 2013, is based in Gauteng, South Africa. The company was formed through the unbundling of Gold Fields Limited's 100% owned subsidiary GFI Mining South Africa Proprietary Ltd. -- which owned the Kloof, Driefontein and Beatrix gold mines. As of 2022, Sibanye-Stillwater had roughly 84,500 employees worldwide.

The company positions itself as one of the world’s largest primary producers of platinum, palladium, and rhodium and is a top tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper and cobalt, the firm says.

This graphic, from the company, explains more of the business history, scope and scale:

Image Source: Sibanye-Stillwater

2. Sustainability Strategy and Goals: Sibanye-Stillwater's energy and decarbonization strategy was refined in 2021 to help the company achieve carbon neutrality by 2040. This 2022 report explains how Sibanye-Stillwater is working towards the United Nations' Sustainable Development Goals.

3. Melanie Naidoo-Vermaak's Experience: Naidoo-Vermaak has more than 20 years’ experience in sustainable development in both the private mining and public sectors in South Africa and globally, the company asserts. She previously held key roles at multiple international mining companies -- including Harmony Gold Mining Company Limited, De Beers Consolidated Mines Limited, BHP Billiton Limited and Anglo American plc.

In terms of sustainability expertise and knowledge, Naidoo-Vermaak holds a Bachelor of Sciences, a Master of Sciences in Sustainable development and a Master of Business Administration (MBA).

Neal Froneman
Neal Froneman, CEO, Sibanye-Stillwater

4. Executive Perspectives: In a prepared statement, Sibanye-Stillwater CEO Neal Froneman said: ”As the Group has grown and evolved, we have continued to attract exceptional talent externally while retaining our top talent internally to ensure efficient delivery of our strategic priorities. Melanie’s appointment will further diversify and strengthen our senior leadership team. Sustainability/ESG is a strategic imperative for the Group and we look forward to Melanie making a positive contribution in our journey to be a Force for good.”

New Chief Sustainability Officer: Why Technology Partners Should Care

By 2027, 25% of Global 2000 companies will have assigned a chief sustainability officer (CSO) responsible for meeting their organization’s ESG goals and making ESG-related IT purchasing decisions, according to IDC.

The bottom line: Technology partners need to extend their sales, marketing, engagement and support strategies to successfully fulfill those CSO customer needs, Sustainable Tech Partner believes.

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