17 March 2011
Anglo American’s commitment to sustainability recognised by FTSE4Good Index
Anglo American’s commitment to sustainability has been recognised through the company’s inclusion in the FTSE4Good Index, the index of companies that meet a series of stringent corporate responsibility standards. The index is globally renowned and forms the basis of a wide range of ethical and sustainable investment funds. Anglo American’s inclusion follows the semi-annual review of the FTSE4Good Index Series, managed by index provider FTSE Group.
Cynthia Carroll, Chief Executive of Anglo American, said:
“Anglo American’s inclusion in the FTSE4Good Index is a
further demonstration that placing sustainability at the heart of
our business is not only the right thing to do, but also delivers
clear benefits to all our stakeholders. Operating safely,
sustainably and responsibly is embedded in everything we do and is
a key component towards our goal of becoming the leading global
mining company.”
FTSE’s dedicated Responsible Investment team, together
with the independent FTSE4Good Index Policy Committee, develops the
robust index criteria through an extensive consultation process
with independent experts including NGOs, governmental bodies,
consultants, academics, investors and the corporate sector. The
criteria help investors to identify companies that minimise social
and environmental risks. Companies with larger risks and impacts
have to meet more challenging requirements.
Anglo American has a long established track record in
responsible business practices
In response to the HIV/AIDS crisis, Anglo American was the first
major employer to offer free testing, counselling and treatment to
its employees and dependants; the Group’s enterprise
development programmes currently support 17,200 new jobs in small,
micro and medium-sized enterprises, while Anglo American invested
US$111 million in more than 700 community development projects in
2010.
Anglo American is committed to environmental stewardship and
minimising the impact of its operations. Anglo American has
pioneered innovative water treatment technologies for the mining
industry, such as the eMalahleni facility in South Africa, which
treats coal mine water to drinking standard and supplies it to
water-stressed local communities. Biodiversity action plans are in
place at all operations located within valuable ecosystems.
Anglo American manages climate change through energy efficiency
initiatives driven by its asset optimisation process, investment in
new low-carbon technologies and ongoing adaptation to climate
change.
Anglo American has received numerous awards for its sustainable
development performance. It is the first mining company to
have a commitment to meeting the Millennium Development Goals
recognised by the United Nations-run Business Call to Action, and
its HIV/AIDs programmes have been recognised on a number of
occasions by the Global Business Coalition on HIV/AIDS,
Tuberculosis and Malaria. Anglo American is also the only
mining company to have secured the CommunityMark, an award for
excellence in community development awarded by Business in the
Community, Europe’s leading corporate responsibility
organisation.
Inclusion in the FTSE4Good Index complements the role Anglo
American plays in a number of key international organisations
working in sustainability, including the International Council on
Mining and Metals (ICMM), Business Action for Africa, the
Extractive Industries Transparency Initiative, Global Business
Coalition on HIV/AIDS, Tuberculosis and Malaria, Investment Climate
Facility for Africa, United Nations Global Compact, Voluntary
Principles on Security and Human Rights and the World Business
Council for Sustainable Development.
United Kingdom
James Wyatt-Tilby, Media
Relations
Tel: +44 (0)20 7968 8759
South Africa
Pranill Ramchander, Media
Relations
Tel: +27 (0)11 638 2592
Notes to editors:
Anglo American
Anglo American plc is one
of the world’s largest mining companies, is headquartered in
the UK and listed on the London and Johannesburg stock exchanges.
Anglo American’s portfolio of mining businesses spans
precious metals and minerals – in which it is a global leader
in both platinum and diamonds; base metals – copper and
nickel; and bulk commodities – iron ore, metallurgical coal
and thermal coal. Anglo American is committed to the highest
standards of safety and responsibility across all its businesses
and geographies and to making a sustainable difference in the
development of the communities around its operations. The
company’s mining operations and extensive pipeline of growth
projects are located in southern Africa, South America, Australia,
North America and Asia.
www.angloamerican.com
For further information about FTSE Group and the FTSE4Good Index
Series:
www.ftse.com/Indices/FTSE4Good_Index_Series/index.jsp
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