Gold Fields Ltd
GFI
Materials
2
exclusion reasons
2 themes
Gold Fields Ltd is screened out under 2 exclusion reasons spanning 2 issue categories.
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.
Gold Fields Limited is a globally diversified gold and copper producer headquartered in South Africa. The company operates nine mines and one major project across Australia, Canada, Chile, Ghana, Peru, and South Africa, deriving its primary revenue from the extraction and sale of these metals. This core business model of mineral extraction places it squarely within the extractive industries.
Gold Fields Ltd is a major global gold mining company operating large-scale surface and underground mines across multiple continents. The company’s core business of gold extraction is inherently linked to significant environmental disturbance, including land clearing, water use, and the generation of waste rock and tailings.
The environmental impact of gold mining is well-documented, involving deforestation, habitat destruction, soil erosion, and the risk of toxic contamination from chemicals like cyanide and mercury used in ore processing. Industry research, including reports from Earthworks, details that mining companies routinely manage hundreds of millions of tonnes of toxic waste, with improper management posing long-term threats to ecosystems and human health. While Gold Fields publishes commitments to environmental stewardship and compliance, its fundamental operations carry an ongoing and material risk of ecological damage consistent with the documented patterns of the sector.
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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