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

Corporate and
sustainability governance
Our governance structures provide
clear lines of accountability from the
Board through to the operations. Our
open reporting lines allow issues that
are encountered at an operational
level to be communicated back up
through the organisation.
Certain Board committees have
responsibilities in relation to
sustainable development issues:
••
The Safety and Sustainable
Development (S&SD)
Committee meets quarterly
under the chairmanship of
non-executive director Peter
Woicke. It provides strategic
oversight on sustainability issues,
reviews the Group’s performance
on managing material risks and
the implementation of our policies,
and monitors relevant national
and international regulatory
and technical developments.
••
The Audit Committee reviews and
monitors the effectiveness of the
Group’s internal controls and risk
management systems, which has a
direct impact on how we identify
and manage S&SD issues.
••
The Remuneration Committee
reviews and sets the safety
improvement targets included in
the directors’ annual performance
contracts. A significant portion of
their remuneration is directly linked
to successful delivery against
these, as well as other business and
sustainable development targets.
In 2012, this was increased to
reflect the growing importance of
sustainability-related performance
to the business.
Sustainable development is also
within the remit of our executive
committees and management
functions:
••
The Group Management
Committee (GMC), which
meets every two weeks, and the
Executive Committee (ExCo),
which meets at least every two
months for a two-day session, are
Our governance
structures
provide clear
lines of
accountability
from the Board
through to the
operations.
responsible for developing
strategy for consideration by
the Board, and for developing
and implementing Group-wide
policies, programmes and best
practice standards.
••
The S&SD Management
Committee is responsible for
setting standards, policies and
the strategic direction on safety
and sustainability issues, as well
as for talent management and
succession planning in this area.
It also conducts an internal
assurance role. The committee,
which meets regularly, includes
members from the Group S&SD
Executive Committee, and the
business unit heads of S&SD,
as well as representatives
from Supply Chain, Mining &
Technology, Government and
Social Affairs and Human
Resources.
••
The Corporate Affairs Council
is responsible for establishing,
monitoring and reviewing our
business principles, social
performance standards and
procedures relating to
government relations.
••
At the functional level, the Group
S&SD and Group Government
and Social Affairs (GSA)
functions provide specialist
expertise and are responsible
for developing and driving
relevant Group-wide strategies,
requirements, guidelines and
tools, and for monitoring,
reporting and assuring the
operations’ performance against
these requirements. They are
assisted by various communities
of practice, consisting of experts
and practitioners that meet
regularly to share good practice,
identify issues to be addressed,
and coordinate programmes
and initiatives.
••
Operations, as part of our
business units, are responsible
for implementing safety and
sustainable development policies
and procedures.
Our approach
Sustainable development governance structure
corporate
functions
S&SD
S&SD
Committee
Government and
Social Affairs
BOARD of
directors
Remuneration
Committee
Chief Executive
Group Management
Committee
Group Executive
Committee
S&SD Executive
Committee
S&SD Management
Committee
and Corporate
Affairs Council
Internal
Audit
Audit
Committee
operations
Anglo American plc Sustainable Development Report 2012 19