ADDITIONAL INFORMATION | Glossary | Next: Administration

Glossary

  AET   Adult education and training
  AGM   Annual general meeting
  AMCU   Association of Mineworkers and Construction Union
  B-BBEE   Broad-based black economic empowerment
  BEE   Black economic empowerment
  Bloomberg GEI   Bloomberg Gender-Equality Index
  BU   Business unit
  CAF   Combined assurance forum
  CAGR   Compound annual growth rate
  Cennergi   Cennergi Proprietary Limited or Cennergi group of companies
  CEO   Chief executive officer
  Companies Act   Companies Act, 2008 (Act 71 of 2008), as amended
  COAD   Chronic obstructive airway disease
  COGTA   Department of Cooperative Governance and Traditional Affairs
  CoP   Conference of the Parties
  cps   Cents per share
  CSA   Control self-assessment
  CSI   Corporate social investment
  CSIR   Council for Scientific and Industrial Research
  DBP   Deferred bonus plan
  DHS   Department of Human Settlements
  DMRE   Department of Mineral Resources and Energy
  dtic   Department of Trade, Industry and Competition
  DoL   Department of Labour
  Dorstfontein   Dorstfontein Coal Mines Proprietary Limited
  DWS   Department of Water and Sanitation
  EAP   Employee assistance programme
  EBITDA   Net operating profit before interest, tax, depreciation, amortisation, impairment charges or impairment reversals and net loss or gain on disposal of assets and investments (including translation differences recycled to profit or loss)
  ECC   Exxaro Coal Central Proprietary Limited
  ECD   Early childhood development
  ECF   Exxaro Chairman's Fund
  EERF   Exxaro's Environmental Rehabilitation Fund
  EF   Exxaro Foundation
  EME   Exempt micro-enterprises
  EMPR   Environmental Management Programme
  EPDI   Exxaro People Development Initiative
  ESD   Enterprise and supplier development
  ESG   Environmental, social and governance
  ESOP   Employee share option plan
  EVP   Employee value proposition
  Exxaro   Exxaro Resources Limited
  Eyesizwe   Eyesizwe (RF) Proprietary Limited, special purpose private company which has a 30% shareholding in Exxaro
  FD   Finance director
  Ferroland   Ferroland Grondtrust Proprietary Limited
  FUWA   Food and Allied Workers' Union
  GBV   Gender-based violence
  GHG   Greenhouse gas
  GG   Grootegeluk
  HDPE   high density polyethylene
  HEPS   Headline earnings per share
  HPI   High-potential incidents
  ICT   Information and communications technology
  IFRIC   IFRS Interpretations Committee
  IFRS   International Financial Reporting Standards
  IIRC   International Integrated Reporting Council
  Framework   International Integrated Reporting Framework 
  IT   Information technology
  IWUL   Integrated water use licence
  JSE   JSE Limited
  KAM   Key account management
  King IV   King IV Report on Corporate Governance for South Africa, 2016
  KPI   Key performance indicator
  LoM   Life of mine
  LTI*   Long-term incentive
  LTI*   Lost-time injury
  LTIFR   Lost-time injury frequency rate
  LTIP   Long-term incentive plan
  Mafube   Mafube Coal Proprietary Limited
  Mining Charter III   Broad-based Socio-economic Empowerment Charter for the Mining and Minerals Industry 2018
  Minerals Council   Minerals Council of South Africa
  MISA   Municipal Infrastructure Support Agent
  MoI   Memorandum of incorporation
  MPRDA   Mineral and Petroleum Resources Development Act, 2002 (Act 28 of 2002)
  MSR   Minimum shareholding requirements
  NBI   National Business Initiative
  NCOE   Notional cost of employment
  NGO   Non-governmental organisation
  NDP   National Development Plan
  NEMA   National Environmental Management Act,1998 (Act 107 of 1998)
  NIHL   Noise-induced hearing loss
  NPC   Non-profit company
  NPO   Non-profit organisation
  NUM   National Union of Mineworkers
  NUMSA   National Union of Metalworkers of South Africa
  OHIFR   Occupational health incident frequency rate
  PIT   Professionals in training
  PM   Particulate matter
  PPE   Personal protective equipment
  PwC   PricewaterhouseCoopers Incorporated
  QSE   Qualifying small enterprise
  RAP   Resettlement action plan
  ROCE   Return on capital employed
  ROM   Run of mine
  RWG   Resettlement working group
  SDGs   Sustainable Development Goals
  SIOC   Sishen Iron Ore Company Proprietary Limited
  SLP   Social and labour plan
  SME   Small to medium-sized enterprise
  SMME   Small, medium and micro-enterprise
  SPR   Special performance award
  SPV   Special purpose vehicle
  STI   Short-term incentive
  Tata   Tata Power Company Limited
  TCFD   Task Force on Climate-related Financial Disclosures
  TPI   Transition Pathway Initiative
  TRAC SA 2020   Transparency and Corporate Reporting: South Africa 2020
  Tronox   Exxaro's investment in Tronox entities
  Tronox SA   Tronox KZN Sands Proprietary Limited and Tronox Mineral Sands Proprietary Limited
  Tronox UK   Tronox Sands Limited Liability Partnership in the United Kingdom
  Tsitsikamma SPV   Tsitsikamma Community Wind Farm Proprietary Limited
  TSR   Total shareholder return
  Tumelo   Tumelo Coal Mines Proprietary Limited
  UK   United Kingdom
  UNGC   United Nations Global Compact
  USA   United States of America
  WUL   Water use licence

* The abbreviation is context-specific.