We understand that good sustainability reporting focuses on the issues that are most important to our stakeholders as well as to us, which is why – as a business – we are refining and improving our content selection process for sustainability reporting.
The year 2009 will be remembered as a year of change. Globally, it was a year in which relationships between business and government were recalibrated, as governments intervened to offset the worst effects of the financial crisis.
We are committed to reporting at an A+ level against the Global Reporting Initiative (GRI) G3 Guidelines.
We report on our sustainability performance as follows:
At AngloGold Ashanti, people are at the centre of the business. In this context, we reaffirm that we cannot accept injuries or impairment to health as a consequence of our work.
Many of AngloGold Ashanti’s operations are located in remote areas where there are few formal employment opportunities, or in regions where artisanal miners operate.
Through the System for People, the group is implementing a structured, common approach for working together to support long-term business improvements and value creation.
AngloGold Ashanti’s primary business is to maximise the returns delivered to shareholders throughout the economic cycle, by responsibly and efficiently producing gold.
As a first step, a change in approach to risk management was enabled by a restructuring of the risk management function that positioned it within the business strategy team.
The Graduate School of Business integrates ideas underpinning adult learning, systems thinking and action learning to design and deliver programmes which are based on an entirely new concept in management education.
Initiated in April 2008, AngloGold Ashanti’s Safety Transformation project is an ongoing programme which seeks to engage people to work collectively to design a new approach to safety in the company.
AngloGold Ashanti decided in 2005 to implement an integrated malaria programme in Obuasi, one that would not only cover mine housing and infrastructure but also private housing and buildings in Obuasi town and in villages within the Obuasi Municipal district.
For many years sub-Saharan Africa has borne the brunt of the HIV and AIDS epidemic and consequently prevalence rates in the region are high.
The need for armed security guards to protect our people, property and assets has unfortunately risen over the last couple of years at several of AngloGold Ashanti’s operations, as a result of an increased number of violent attacks on security staff by armed criminals.
Sadiola and Yatela Gold Mines are adjacent to each other in the south-west of Mali, near the border with Senegal and share a stakeholder forum.
In July 2008, AngloGold Ashanti launched its vision, mission and values globally to employees. AngloGold Ashanti is a values driven company which sees its values as the starting point for developing relationships built on mutual trust and which support each of its employees making a contribution to the organisation’s shared success.
At the end of 2008 a Government Relations department was created within AngloGold Ashanti, and 2009 saw the function establishing itself formally within the business.
This report covers the financial year ended 31 December 2009 and updates information contained in the Report to Society 2008, published in March 2009.