22 April 2024
|
Anglo American updates on progress
towards sustainable mining
|
Anglo American is today presenting
its regular sustainability performance update, including how its
integrated approach to sustainability is unlocking value and
securing our ability to deliver responsible long term growth in
future-enabling metals and minerals.
Duncan Wanblad, Chief Executive of Anglo
American, said: "Sustainability is a
pre-requisite for value creation in our industry. The delivery of
our three strategic priorities -
operational excellence, portfolio improvement, and growth - is
underpinned by a set of differentiated
capabilities built over many decades in both developing and
developed markets. Our sustainability and technology capabilities,
and our approach to customer-centric marketing of our metal and
mineral products, position us strongly as a partner of
choice and thereby to create enduring value
for all our stakeholders. Together, these
are central to what we see as a competitive advantage in how we
develop projects such as Quellaveco, Woodsmith and Sakatti,
designed as the next generation of our FutureSmart Mines, with
enhanced sustainability outcomes."
Helena Nonka, Strategy & Sustainability
Director, said: "Sustainability is embedded into our strategy and value
creation model, from portfolio choices to our everyday operational
decisions. It is a core competency that we embed in the way we
design, develop and operate our assets and market our products. One
such example of our integrated approach is our work on nature, for
which there are numerous compelling business cases, such as
significant reductions in closure and rehabilitation costs, but
also helping build greater trust in mining as societal expectations
of our industry continue to increase in parallel with the need for
essential metals and minerals. For Anglo American, the health of
our business is dependent on a healthy environment and we recognise
the value of being able to share how our business measures and
manages its key interfaces with nature so that our stakeholders can
be confident in our approach to achieving a net positive impact on
biodiversity."
Our integrated approach to
nature
Nature rightly continues to gain
momentum on the global agenda, with increased recognition of the
threats to nature, its societal importance and the value of
nature-based solutions to tackle climate change impacts.
Aligned to our Biodiversity stretch
goal to deliver a net positive impact (NPI) on biodiversity across
Anglo American by 2030, as set out in our Sustainable Mining Plan,
Ango American has set out a clear pathway to achieving net
biodiversity gains in the areas we operate, which started with the
roll out and implementation of our Biodiversity Standard at the end
of 2018. This standard defines how we measure, assess and manage
biodiversity across our value chain and mining lifecycle - through
to closure and regeneration.
We have completed detailed baseline
assessments across all managed operations, defining and assessing
significant biodiversity features including key habitats, key
species and important ecosystems to protect and further
restore. In addition, we have developed a biodiversity
management programme for each of our sites. The plans are also used
to feed into regional and national biodiversity programmes, adding
value beyond our own site work.
We are exploring partnerships,
innovative biomonitoring programmes and pioneering measurement
metrics to support NPI. This includes our industry leading eDNA
programme, which samples water, soil, air and down to a microbial
level to help us assess and monitor the environment. As an active
member of the Taskforce on Nature-based Financial Disclosures
(TNFD), we have been an early adopter of the recommendations set
out by this framework.
Sustainability Performance
Presentation
Today's Sustainability Performance
presentation will be available on the Anglo American website
https://www.angloamerican.com/investors/investor-presentations
at 12.30pm UK time, with the presentation itself
starting at 1.30pm UK time. A full
recording will be available following the presentation at:
www.angloamerican.com/investors/investor-presentations.
For further information, please
contact:
Notes to editors:
Anglo American is a leading global
mining company and our products are the essential ingredients in
almost every aspect of modern life. Our portfolio of world-class
competitive operations, with a broad range of future development
options, provides many of the future-enabling metals and minerals
for a cleaner, greener, more sustainable world and that meet the
fast growing every day demands of billions of consumers. With our
people at the heart of our business, we use innovative practices
and the latest technologies to discover new resources and to mine,
process, move and market our products to our customers - safely and
sustainably.
As a responsible producer of copper,
nickel, platinum group metals, diamonds (through De Beers), premium
quality iron ore and steelmaking coal - with crop nutrients in
development - we are committed to being carbon neutral across our
operations by 2040. More broadly, our Sustainable Mining Plan
commits us to a series of stretching goals to ensure we work
towards a healthy environment, creating thriving communities and
building trust as a corporate leader. We work together with our
business partners and diverse stakeholders to unlock enduring value
from precious natural resources for the benefit of the communities
and countries in which we operate, for society as a whole, and for
our shareholders. Anglo American is re-imagining mining to improve
people's lives.
www.angloamerican.com
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"us", and "our" are to refer to either Anglo American plc and its
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Forward-looking statements
and third party information
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and Mineral Resource positions) and sustainability performance
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such other risk factors identified in Anglo American's most recent
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