Anglo American believes long-term thinking is critical to sustainable development
Monday, Apr 22, 2013
Anglo American will launch its Sustainable Development Report 2012, "Creating Value with the Future in Mind", at today's annual general meeting in London. The report details Anglo American's sustainable development performance for 2012, highlighting how long-term thinking helps to generate wealth, mitigate environmental harm, combat poverty and promote development in the communities in which we operate.
Sir John Parker, Chairman of Anglo American, commented: "Our Sustainable Development Report demonstrates our commitment to continue delivering value to all of Anglo American's stakeholders. Through leveraging our supply chains, nurturing entrepreneurship, developing talent and capacity in and around operations, we help to create healthier and better educated communities, foster local economies and work to eliminate, minimise or mitigate any disturbance from our mining activities.
"Anglo American's large footprint in the developing world means that our capacity to contribute to the social and economic development of vulnerable communities, beyond mining, is significant and the sustainability of our business is inextricably linked to the sustainable development of the communities around our operations. To be able to make meaningful change, businesses have to be prepared to engage, and understand what really matters to the people living near our operations.
"The role of big business in society has rarely been under such close scrutiny, and some of the concerns that people have stem from a lack of trust. To combat this, I believe we should play our part, along with other businesses, in formulating a "social compact" that encourages greater transparency and accountability, better governance and a shared understanding of the role and value of business to society.”
Source: Anglo American