https://www.engineeringnews.co.za
Harmony Gold Mining|Gold Mining|MSCI|Beyers Nel
|||
harmony-gold-mining|gold-mining|msci|beyers-nel

MSCI upgrades Harmony’s ESG rating

29th April 2026

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

Financial analytics company MSCI has upgraded gold miner Harmony Gold Mining Company’s environmental, social and governance (ESG) rating from ‘BB’ to ‘A’ following its most recent assessment in March.

MSCI ESG ratings measure companies’ resilience to long-term, financially relevant ESG risks.

These ratings analyse industry-specific risks, management quality and controversies to identify potential impacts on a company’s financial performance.

In a statement, Harmony says the improvement in its rating reflects its strengthened performance across key ESG pillars, underpinned by measurable progress in water management, toxic emissions and waste reduction and enhanced governance practices.

The company’s environmental pillar score improved from 3.0 to 5.1, while its social score improved from 2.4 to 4.7, which it says demonstrates tangible progress in operational efficiency, employee engagement and community relations.

Governance remains a core strength, with a consistently high score of 7.4, Harmony points out.

“This upgrade to an ‘A’ rating by MSCI is a strong endorsement of the progress we have made in embedding sustainability into every aspect of our business.

“It reflects the dedication of our people, the resilience of our operations and our unwavering commitment to creating long-term value for all stakeholders while responsibly managing our environmental and social impacts,” says CEO Beyers Nel

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest News

Showroom

Trotech
Trotech

Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.08 0.828s - 148pq - 2rq
Subscribe Now