Anglo American has launched its sustainability strategy, outlining an ambitious and innovative approach to three major areas of sustainability – the environment, community development, and driving greater trust and transparency across the mining industry – including specific stretch goals to be delivered between now and 2030.
Anglo American’s sustainability strategy is part of FutureSmart Mining, the company’s innovation-led approach to sustainable mining. It is the blueprint for the future of the business. A future in which all mines will be safer, more sustainable and efficient, and better harmonised with the needs of their host communities.
The three major focus areas as outlined above each encompass three global stretch goals. These goals relate to Anglo American as a whole, at an aggregate level and the company is mobilising its people and resources to deliver them by 2030.
The goals include:
- Creating five jobs off-site for every job on-site in our host communities;
- Working with government to ensure every school in its host communities performs amongst the top 20% of state schools in the country;
- Reducing greenhouse gas emissions by 30%;
- Improving energy efficiency by 30%; and
- Reducing freshwater abstraction by 50% in water-scarce regions.
“Our metals and minerals are the precious ingredients that enable and celebrate so many aspects of our modern lives. But our role in today’s world is far greater than simply as a supplier of physical products. If Anglo American is to play its part in creating a sustainable future for the world and improving the lives of all of us who live here, then we must be prepared to challenge our business and ourselves, by re-imagining mining,” says Mark Cutifani, chief executive of Anglo American.
The innovative strategy has been developed following a robust consultation process with the employees and a wide array of external stakeholders and is in alignment with the United Nation’s Sustainable Development Goals. The strategy is holistic and comprises mutually reinforcing elements that together are expected to positively transform how the stakeholders experience the business.
“Delivering on these commitments will transform the way Anglo American does business. Keeping our people and the environment safe, supporting excellent education, and using our unique approach of collaborative regional development to further enhance our ability to provide truly sustainable benefits for our host communities present a different picture of the future of mining.”
“The financial benefits to our business by 2030 are expected to be significant, including from substantially reduced energy and water costs. At the same time, we expect our innovative approach and the technologies we are developing to open up new mineral resource opportunities for us over the medium term,” Cutifani concludes.