04.11.2014 Views

Creating Value with the Future in Mind - Anglo American South Africa

Creating Value with the Future in Mind - Anglo American South Africa

Creating Value with the Future in Mind - Anglo American South Africa

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Our approach build<strong>in</strong>g relationships <strong>with</strong> stakeholders<br />

Build<strong>in</strong>g relationships<br />

<strong>with</strong> stakeholders<br />

Be<strong>in</strong>g responsive to <strong>the</strong> <strong>in</strong>terests and concerns<br />

of our stakeholders is fundamental to creat<strong>in</strong>g<br />

shared value through partnership and forms<br />

a critical part of our ambition to become <strong>the</strong><br />

lead<strong>in</strong>g global m<strong>in</strong><strong>in</strong>g company.<br />

EXECUTIVE<br />

support for<br />

susta<strong>in</strong>ability<br />

<strong>in</strong> <strong>the</strong> supply<br />

cha<strong>in</strong><br />

Cont<strong>in</strong>uously improv<strong>in</strong>g and ma<strong>in</strong>ta<strong>in</strong><strong>in</strong>g<br />

positive relationships <strong>with</strong> our<br />

stakeholders is one of our pr<strong>in</strong>cipal<br />

priorities and challenges. We believe<br />

that establish<strong>in</strong>g relationships built on<br />

trust is fundamental to our ability to<br />

create value, but recognise that many<br />

stakeholders currently have low levels<br />

of trust <strong>in</strong> bus<strong>in</strong>ess generally.<br />

In <strong>the</strong> table opposite we identify our<br />

ma<strong>in</strong> stakeholder groups, outl<strong>in</strong>e our<br />

approach to listen<strong>in</strong>g to and engag<strong>in</strong>g<br />

each of <strong>the</strong>se groups, and describe<br />

<strong>the</strong> channels of engagement and <strong>the</strong><br />

pr<strong>in</strong>cipal issues raised. We also briefly<br />

review our response to <strong>the</strong>se issues.<br />

In addition to <strong>the</strong>se various channels<br />

of engagement, we ma<strong>in</strong>ta<strong>in</strong> a<br />

web-based, Group-wide compla<strong>in</strong>ts<br />

and grievance procedure to record<br />

and respond to stakeholder feedback,<br />

provid<strong>in</strong>g remedy where appropriate.<br />

We also conduct regular reviews<br />

of media coverage of <strong>the</strong> key<br />

susta<strong>in</strong>ability issues fac<strong>in</strong>g our<br />

bus<strong>in</strong>ess, <strong>in</strong>dustry sector and<br />

stakeholders.<br />

While <strong>the</strong> specific <strong>in</strong>terests and<br />

concerns of our stakeholders typically<br />

vary by stakeholder group and region,<br />

our dialogue processes dur<strong>in</strong>g <strong>the</strong> year<br />

highlighted several priority concerns<br />

across most stakeholder groups.<br />

Issues that received particular<br />

attention <strong>in</strong>clude:<br />

••<br />

The dispute over <strong>the</strong> <strong>Anglo</strong> <strong>American</strong><br />

Sur purchase option <strong>with</strong> state<br />

m<strong>in</strong><strong>in</strong>g company Codelco <strong>in</strong> Chile<br />

••<br />

The nature of <strong>the</strong> relationship<br />

between m<strong>in</strong><strong>in</strong>g companies,<br />

government and labour organisations<br />

<strong>in</strong> <strong>South</strong> <strong>Africa</strong> follow<strong>in</strong>g <strong>the</strong> labour<br />

disputes and related unrest<br />

••<br />

Concerns regard<strong>in</strong>g <strong>the</strong> plat<strong>in</strong>um<br />

m<strong>in</strong><strong>in</strong>g <strong>in</strong>dustry, our exposure to this<br />

sector, and our approach to<br />

address<strong>in</strong>g this challenge<br />

••<br />

Specific challenges relat<strong>in</strong>g to <strong>the</strong><br />

delivery of <strong>the</strong> M<strong>in</strong>as-Rio iron ore<br />

project <strong>in</strong> Brazil<br />

••<br />

Chang<strong>in</strong>g regulatory and societal<br />

expectations regard<strong>in</strong>g <strong>the</strong> roles<br />

and responsibilities of bus<strong>in</strong>ess.<br />

<strong>Anglo</strong> <strong>American</strong> brought senior<br />

leaders from more than 50 of<br />

its significant <strong>South</strong> <strong>Africa</strong>n<br />

contract<strong>in</strong>g companies toge<strong>the</strong>r<br />

<strong>in</strong> November to discuss <strong>the</strong><br />

safety, health and well-be<strong>in</strong>g of<br />

contractors work<strong>in</strong>g on our sites.<br />

The summit, hosted by chief<br />

executive Cynthia Carroll <strong>in</strong><br />

Johannesburg, was a chance to<br />

discuss our new requirements<br />

for contract<strong>in</strong>g companies to<br />

provide a basic healthcare<br />

package for long-term contractors<br />

work<strong>in</strong>g on our sites. This will<br />

<strong>in</strong>clude diagnosis, counsell<strong>in</strong>g,<br />

care, support and treatment for<br />

HIV <strong>in</strong>fection and tuberculosis,<br />

and will be subsidised by<br />

<strong>Anglo</strong> <strong>American</strong> and delivered<br />

through our extensive network<br />

of healthcare facilities.<br />

The CEOs spent time discuss<strong>in</strong>g<br />

<strong>the</strong> requirements and identify<strong>in</strong>g<br />

ways to implement <strong>the</strong>m.<br />

“Look<strong>in</strong>g at <strong>the</strong> feedback, I<br />

believe we met one of <strong>the</strong> ma<strong>in</strong><br />

objectives to engage and <strong>in</strong>spire<br />

people to do th<strong>in</strong>gs differently,”<br />

says L<strong>in</strong>da Wedderburn,<br />

<strong>Anglo</strong> <strong>American</strong>’s global lead for<br />

susta<strong>in</strong>able, responsible supply<br />

cha<strong>in</strong>. “Everyone has a clear<br />

understand<strong>in</strong>g of what is expected<br />

and toge<strong>the</strong>r we have explored<br />

<strong>the</strong> best way to move forward”.<br />

Image<br />

Group director bus<strong>in</strong>ess performance<br />

and projects, David Weston, addresses<br />

<strong>the</strong> summit.<br />

14 <strong>Anglo</strong> <strong>American</strong> plc Susta<strong>in</strong>able Development Report 2012

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!