The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles. Anglo American joined the Global Compact in 2004, signalling our commitment to human rights, environmental stewardship, labour rights and anti-corruption.
Anglo American’s Business Principles outline the expectations we have of our employees and our associates; our stance on anti-corruption, including political donations and gifts; and our approach to transparency, anti-competitive behaviour, business assurance and securities trading.
Principle 10: performance and practical actions
Our Business Principles, supported by our new Business Integrity policy, prohibit making donations to any political party or politicians, and require that our employees, in giving or receiving gifts and hospitality, abide by our policies and procedures, act in a transparent manner and ensure that they do not seek any improper advantage when conducting business or in their dealings with public officials.
We do not allow our employees, or those acting on our behalf, to offer, solicit, pay or accept bribes. We also do not condone anti-competitive practices and will not tolerate any such activity by our employees. Our employees are also prohibited from trading securities when in possession of unpublished, price-sensitive information.
Anglo American supports the Extractive Industries Transparency Initiative (EITI) and reports annually on the tax and royalty payments we make in our significant countries of operation.
We also promote our standards with organisations we work with, and through the Anglo American supply chain sustainable development code.