Anglo American's Effective Partnerships are Essential for Achieving Sustainable Change
LONDON, March 16, 2015 /PRNewswire/ --
Anglo American published its 14th annual Sustainable Development Report today, detailing the global diversified mining company's sustainability performance for 2014. The focus of this year's report is effective partnerships and collaboration with key stakeholders, which Anglo American believes are essential for a sustainable future for the mining industry.
Sir John Parker, Chairman of Anglo American, commented: "One of the greatest challenges facing Anglo American, and the mining industry as a whole, is reconciling the different views and concerns of our stakeholders about how mining should be conducted. At Anglo American, we believe the solution lies in forging the effective partnerships we need to build safe, sustainable businesses and ensure long-term shareholder value.
"We believe in the benefits of a smarter approach but this does not mean operating alone. Our sustainability performance is critical to our ability to drive value for all of our stakeholders - we simply will not be able to make progress unless we can take our key constituencies along with us on of our journey. We must all be in this together."
Mark Cutifani, Chief Executive of Anglo American, welcomed the report, commenting: "Our vision of long-term partnership with our stakeholders reflects our belief that, for us to be successful, we need to co-create a new deal around our core mining business. We will only be able to continue to deliver returns to shareholders if, in the eyes of our key stakeholders, we continue to build on this vision by delivering value to and with broader society. Getting this right is 'mission-critical' for Anglo American if we are to make a positive difference and achieve that vision of being partners in the future."
Safety: Providing a safe and healthy workplace is our first priority.
Enterprise Development: Supporting the development of new businesses is recognised as one of the most effective means of ensuring that communities benefit from mining over the long-term.
Water: With more than 70% of our mines located in water stressed areas, water is more important than ever to Anglo American.
Health: Managing health risks protects Anglo American's employees and communities, enhances productivity, and helps to ensure the long-term future of the business.
Climate Change and Energy: Climate change poses a significant business challenge. Energy and policy-associated costs are rising, consumer demand for products is changing, and the threat of the physical impact of climate change on operations and host communities is escalating.
To access the Sustainable Development Report 2014 in full, please visit our new reporting centre: http://www.angloamerican.com/reportingcentre.
For more information about Anglo American's approach to sustainable development, please visit http://www.angloamerican.com/development.aspx, or watch Anglo American's sustainable development videos on YouTube: http://www.youtube.com/angloamerican.
You can also follow us on Twitter at http://www.twitter.com/angloamerican, or Facebook at http://www.facebook.com/angloamerican.
Notes to editors:
Anglo American is a global and diversified mining business that provides the raw materials essential for economic development and modern life. Our people are at the heart of our business. It is our people who use the latest technologies to find new resources, plan and build our mines and who mine, process and move and market our products - from bulk commodities and base metals to precious metals and diamonds (through De Beers) - to our customers around the world. Our diversified portfolio of products spans the economic development cycle and, as a responsible miner, we are the custodians of precious resources. We work together with our key partners and stakeholders to unlock the long-term value that those resources represent for our shareholders, but also for the communities and countries in which we operate - creating sustainable value and making a real difference. Our mining operations, growth projects and exploration and marketing activities extend across southern Africa, South America, Australia, North America, Asia and Europe.
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