In May 2010, the S&SD Executive approved the ‘value of sustainability’ pilot project to develop and test an approach that enables the value that can arise from sustainable development to be identified in the early stages of a project, and to assess the potential impact that this will have on key project decisions. Options and future scenarios are then developed and the financial impact of sustainable development aspects is calculated. For each option, the potential net present value (NPV), or ‘value at stake’ range, can be calculated.
In an effort to help close the water volume gap in South Africa, Anglo American has signed-up to an innovative new partnership between the public and private sectors.
Anglo American recognised five of its major partners at its inaugural Supplier Awards in 2010.
In 2009, Anglo American introduced an auditing system as part of our supply chain sustainability programme. Fenner Conveyer Belting was one of the first factories audited by Anglo American.
Anglo American conducts sustainable development assessments of key suppliers to ensure compliance with our policy and code in this area and to identify opportunities for collaboration.
It is important to us that our suppliers share our values. Our Good Citizenship Business Principles incorporate safety, integrity, sustainable development, labour rights, community development and human rights; and we hope to see these qualities championed among our partners.
As part of our commitment to job creation in South Africa, and broader investment in our communities and supply chains, we have developed an innovative internship programme to support the accelerated development of high-potential entrepreneurs.
In January 2011, Anglo American entered into a three-year partnership with International Alert to promote and implement conflict-sensitive business practice. Established more than 25 years ago, International Alert is one of the world’s leading conflict prevention and resolution organisations. Through its advocacy, dialogue, training and research work, the NGO seeks to influence the activities of governments,international institutions and the private sector in many of the world’s trouble spots, with the aim of encouraging policies and practices for sustainable peace.
In June 2011, we hosted 1,500 delegates and 84 exhibitors in Johannesburg at Anglo American’s first Local Procurement and Enterprise Development Trade Fair. The event allowed exhibitors to showcase their products and services, and network with other suppliers and potential customers. Exhibitors ranged from multinational and local suppliers to local entrepreneurs. The trade fair also hosted the Zimele ‘Best Performing Funded Businesses’ awards ceremony where top achievers emerged from all sectors.
Our exploration efforts represent the foundations on which safe, responsible and successful operations are built. In Arctic Finland, our Sakatti exploration project is demonstrating just how successful this combined approach can be.
In 2008, Anglo American launched its Sustainable Development in Supply Chain Policy, which outlines the Company’s commitments in this area as well as the expectations it has of suppliers.
Our commitment to promoting excellent supplier relationships, sustainable development and local procurement was demonstrated with the launch of the Anglo American Supplier Awards in 2010.
Anglo American and its subsidiary companies have invested in Zimbabwe for 60 years. The Anglo Platinum Unki project, in development since 2003, is a long-term investment that will not produce saleable concentrate until the third quarter of 2010 at the earliest.
It has been a number of years since the inception of the Company’s HIV/AIDS anti-retroviral treatment (ART) programme and, while the challenge remains immense, many useful lessons have been learnt
Measuring the true value of natural resources to a country or a community is not a simple task. But, using a methodology we co-developed with the ICMM, we have undertaken a second case study to test whether we can develop a truer picture and communicate the results.
A global shortage of haul truck tyres has focused Anglo American's attention on improving tyre life at its open-pit operations. To meet this challenge, we set up a global multi-disciplinary team, led by Anglo Technical Division (ATD), in 2007 to find ways to improve tyre life by 20% in order to keep our trucks moving.
De Beers has patented a new technology that allows it to identify its diamonds and reassure customers about the integrity of the product they are buying.