Responsibility Report - Peabody Energy

More documents

Recommendations

Info

Economic and corporate responsibility | 12significant federal tax credit offered by the city and committing to invest $25 millionto upgrade and expand its facilities.Peabody also invests in nonprofit organizations and cultural institutions thatstrengthen the urban core:• Chairman and Chief Executive Officer Greg Boyce currently leads theUnited Way of Greater St. Louis 2012 campaign to raise funds for 170 healthand human services agencies.• The company continues its $5 million grant toward the Consortium for Clean CoalUtilization at Washington University in St. Louis to advance low-carbon and greencoal technology research.• Peabody was recognized as Corporate Partner of the Year for its support of thenationally renowned Saint Louis Zoo and the zoo’s conservation mission.• In October 2011, a historic entertainment venue that was shuttered for morethan 77 years reopened as the Peabody Opera House, once again lighting updowntown St. Louis and attracting patrons from all walks of life.For the past five years, Peabody EnergyAustralia has cultivated a signaturecorporate partnership with the QueenslandYouth Orchestra Council. The Brisbanebasedcouncil works to promote and fosterscholarship, interest, enthusiasm and socialwelfare through learning, playing and theappreciation of music by youth.Similarly, Peabody’s miningoperations and regional officesfoster community partnerships.To promote environmentalsustainability, the company’sMidwest and Southern PowderRiver Basin operations havehosted mining and restorationfield days, inviting communityleaders, academics, local farmersand agricultural organizationsto experience mining andland reclamation firsthand. Acollaborative community effortto restore historic buildings onmine property is under way atPeabody’s Colorado operations,while the New Mexico andMidwest operations haveinvested in community and schoolrecycling programs.Education is a primary focus, with funding that enhances high school industrial artsprograms by providing mining-related equipment and a workforce partnership withGillette College to train industrial electrical technicians. Numerous other programssupport students pursuing mining technology, engineering and vocational paths at anumber of higher education institutions as well as regional high schools.Peabody Energy Australia has a robust community relations strategy in Queenslandand New South Wales.Community consultative committees at Australian mines serve as a key engagementchannel. The committees constitute a diverse group of local community membersand interest group representatives, and provide a forum for open discussion on themine’s operations, exploration and expansion plans. The committees also providea forum for community initiatives. For example, the committee for Peabody’sMetropolitan Mine in Helensburgh, New South Wales, identified the lack of anup-to-date media channel as a key issue for local entrepreneurs. The mine is helpingthe committee develop a community website that promotes local events, businessesand news as well as marketing opportunities for area business owners. Many ofthe Australian operations publish quarterly newsletters to keep the community andworkforce informed on industry issues and mine expansion plans. Each mine sitealso has a community hotline to manage community inquiries.In Australia, Peabody also invests in community safety initiatives and in programs thatsupport arts and culture, education and health care. A flagship corporate partnershipwith the Queensland Youth Orchestra Council now is in its fifth year. This world-classorganization, based in Brisbane, has 470 musicians in eight orchestras and ensembles.The company also is a major sponsor of the Central Queensland Rescue helicopter,which serves the mining industry and the broader community.Disaster ReliefPeabody’s global response to emergency relief in the wake of natural disastersremains steadfast, and the company has contributed more than half a million dollarsin disaster relief this past year.In early 2011, the worst flooding to hit Australia in 35 years destroyed thousandsof homes, possessions and businesses. The company responded with anA$250,000 contribution to the Premier of Queensland’s flood appeal. Employeesdonated A$33,570, which the company matched to enable A$70,000 in fundingto the Salvation Army; the funds supplied two counselors to serve ruralQueensland communities.
Corporate and Social responsibility | 13In addition, Peabody donated $250,000 through the International Red Crossfollowing the earthquake and tsunami that devastated Japan in March 2011.Peabody aided communities in the U.S. Midwest following severe weather inspring 2011 and in early 2012. The company donated $50,000 to the AmericanRed Cross, and many employees volunteered in the aftermaths. When a tornadostruck near Peabody’s Southern Illinois operations, dozens of Peabody employeeswho serve in emergency medical technician and mine emergency response rolesimmediately assisted in the rescue and recovery.Engaging Employees to Give BackPeabody encourages employee charitable giving and volunteerism and has programsin place to convert each employee’s good deeds into an even greater impact.The company’s Matching Gifts program was made available to non-U.S. employees,and the annual match limit increased to $5,000 per donor in 2011.The company also launched a Dollars for Doers program that empowers employeesto give back to their communities through donations of time and talent, providing a$250 company contribution to an eligible nonprofit for every 10 hours that anemployee volunteers with that organization, up to $1,000 per year.Recognition for Community PartnershipsIn recognition of its commitment to power economic prosperity and drive communityleadership, Peabody has earned multiple honors, including:• The Missouri Growth Association selected Peabody as winner of its 2012Community Betterment Award for extraordinary community commitment.• Peabody was named a 2012 Business of the Year by the Grants Chamber ofCommerce in New Mexico, which recognized the Lee Ranch and El Segundooperations for job creation, corporate citizenship and community involvement.Corporate GovernanceGood corporate governance is the foundation of Peabody’s actions at every level,and the Board of Directors has adopted a robust corporate governance program itbelieves is in the best interests of the company and its shareholders.The company’s mission statement is prominently displayed in office locations andthroughout mining locations. The company’s working statement of principles receivesconstant care and attention. In 2011, the company’s mission underwent slightmodifications, notably adding the word “enable” where the word “power” once stood.The company encourages employee charitable giving and volunteerism such assponsorship and participation in Pedal the Cause, a cycling event to raise fundsfor Siteman Cancer Center and St. Louis Children’s Hospital.
Page 2 and 3: Corporate and Social responsibility
Page 8 and 9: Economic and Corporate Responsibili
Page 10 and 11: Economic and corporate responsibili
Page 18 and 19: 18From left are Hopi Education Endo
Page 20 and 21: employee responsibilityPeabody Ener
Page 33 and 34: 41 33Safety at the Core of the Mini
Page 47: Corporate and Social responsibility
Page 50 and 51: public responsibility | 50China and
Page 52 and 53: public responsibility | 52Peabody i
Page 54: Peabody EnergyPeabody Plaza701 Mark

Responsibility Report - Peabody Energy

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?