Key performance indicators (PDF) - Xstrata

38 | Business review: strategy
Key performance indicators continued
Non-financial key
performance indicators
In addition to monitoring the Group’s
financial performance, as a measure
of the Company’s performance against
its objectives, Xstrata’s Board also
regularly monitors a range of nonfinancial
KPIs to assess performance
against sustainable development
targets and strategic objectives.
Xstrata’s Board sets and overviews the
Group’s industry-leading Sustainable
Development (SD) Framework. The
SD Framework has been mapped to
international standards and comprises
Xstrata’s Statement of Business
Principles, SD Policy, SD Standards
and Assurance Programme.
Xstrata operates a highly devolved
management model. Each commodity
business is responsible for the
implementation of the Group’s SD
Framework throughout its business.
Performance against the SD Framework
is reviewed and evaluated on a quarterly
basis by the commodity businesses and
progress reported to the Board’s Health,
Safety, Environment and Community
Committee. The Committee benchmarks
Xstrata’s performance against other
mining and extractive sector companies.
The KPIs that relate to the SD Framework
include safety, environmental incidents,
water and energy usage, employee
turnover, training, and support for
community initiatives, and are regularly
reported to Xstrata’s Board, Executive
Committee and senior management. The
Group’s internal audit programme also
examines health, safety, environment,
ethical and community risks.
Safety
(Injury frequency rate)
We are committed to providing a
safe workplace and believe that every
work-related incident, illness and injury
is preventable.
In 2010, three people (two contractors and
one employee) lost their lives at Xstrata’s
managed operations in South Africa
(2009: nine people). We value the safety of
contractors in exactly the same way as our
employees. We monitor the performance of
all contractors and insist on full compliance
with our safety standards and procedures.
All of our sites implement regular and
appropriate behaviour-based training,
with emphasis on the identification and
management of major hazards. Our
managers work with their supervisors and
operators in the field to identify appropriate
topics to be covered in daily team talks and
safety training.
Total recordable injury frequency rate
(per million hours worked)
20%
decrease
15
10
5
0
10.2
08
8.8
09
7.0
10
We track total recordable injuries, which
include lost time injuries, medical treatment
injuries and restricted work injuries, as this
provides a more complete measure than
lost time injuries alone. The total recordable
injury frequency rate and lost time injury
frequency rates are reported per million
hours worked and include contractors.
For the tenth consecutive year, a significant
reduction was achieved in the frequency of
total recordable and lost time injuries. Total
recordable injuries fell by 20% and lost
time injuries were 10% lower than in 2009
per million hours worked.
Lost time injury frequency rate
(per million hours worked)
10%
decrease
3
2
1
0
2.7
08
2.1
09
1.9
10