REG - Anglo American PLC - Update on sustainability performance

Anglo AmericanAnnouncement

14/04/2022 08:00

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RNS Number : 3439I  Anglo American PLC  14 April 2022

 14 April 2022
 Anglo American updates on carbon emissions, water stewardship and workplace
 culture

Anglo American plc ("Anglo American") is today presenting its twice yearly
sustainability performance update, including specific progress on emissions
reduction, water stewardship and building a safe and inclusive culture.

 

Mark Cutifani, Chief Executive of Anglo American, said: "A sustainable
business is one that has an enduring purpose in society and that considers in
all its decision-making the many different forms of value that it can deliver
for all stakeholders. Much of what we are driving for, particularly in terms
of our energy and water ambitions, will be achieved through the technologies
we are deploying as part of our FutureSmart Mining™ programme. These
technologies are transforming the very nature of mining - how we source, mine,
process, move and market our products - both our physical and social
footprints. 

 

Energy - progressing towards carbon neutral operations

 

"We are targeting carbon neutrality across our operations by 2040 and we are
making good progress. In March we announced our partnership with EDF
Renewables to work together to develop a regional renewable energy ecosystem
in South Africa, aimed at addressing our operational footprint. This agreement
is a further major step towards addressing our on-site energy requirements -
the largest source of our operational emissions - and builds on the agreements
already secured for 100% renewable electricity supply for all our operations
in South America by 2023.

 

"We are also moving towards a solution for the largest portion of our Scope 1
emissions, being the diesel used in our haul truck fleet, and we expect to see
our proof of concept hydrogen fuel cell truck in action in the coming weeks.
Step by step, we are changing the very nature of mining and how our
stakeholders experience our business - while supporting what must be a just
energy transition.

 

Water - responsible stewardship

 

"Water is fundamental for our operations and the communities around us. We
embrace our role as water stewards and, as our approach continues to evolve,
we incorporate learnings and develop or implement new technologies.

 

"Our Sustainable Mining Plan sets out very ambitious targets for reducing our
water footprint, including to reduce fresh water usage by 50% by 2030 and an
intermediate target of 20% by the year 2020, which we met. Today, we are
outlining our pathway for the achievement of the ambitious 50% target,
including a number of defined initiatives such as an integrated water supply
project for Los Bronces in Chile. A win-win for us and our host community, the
project involves the replacement of most of our current fresh water needs with
treated municipal wastewater in a unique swap agreement that delivers fresh
water to the local community while we instead use water not suitable for human
consumption.

 

"In addition, we set a target of achieving 75% water efficiency (reuse and
recycle) in 2020. In that year we recorded an efficiency of 81% and last year
we reached 83%. We now intend to extend this metric to 2030 and by the end of
this year we intend to set out that new target including a pathway, similar to
the one for fresh water.

 

"We are also committed to ensuring that the water assets we manage and the
savings we achieve by reducing our water footprint translate into making
additional water resources available in ways that are socially equitable,
environmentally sustainable and economically beneficial. This is what we refer
to as Water Stewardship. We continue to work on water-related initiatives to
improve the lives of communities local to our operations, including supplying
water and building dams and supporting infrastructure. In South Africa and
South America in particular, we support a variety of water stewardship
initiatives, ranging from water supply projects with our partners and
providing drinking water to our communities, to infrastructure projects with
local government."

 

Living with Dignity - building a safe and inclusive culture

 

"Building a safe and inclusive culture has been a focus for us for a number of
years. We have zero tolerance for any form of bullying, harassment or
victimisation and we know there is no room for complacency. This is constant
work for any company or society, and we are committed to listening to our
people and other stakeholders that are close to our business every day.

 

"We have long understood the role of our business in society, and we believe
our responsibility extends beyond our own mine gates. We launched our Living
with Dignity programme in 2019, founded on the belief that everyone has the
right to dignity - in our homes, schools, at work and everywhere in between.
Through this programme, Anglo American is working collaboratively with our
partners in government and civil society to build sustainable partnerships
aimed at providing direct employee and community support to combat
gender-based and domestic violence.

 

"We continue to build on this important work and just last month we launched
our new Living with Dignity Hub in South Africa that brings together our
policies and its mandates to provide ongoing and committed support to our
employees, contractors and their families. The hub handles all formal
complaints of sexual harassment and gender-based violence (SHGBV) and
bullying, harassment and victimisation (BHV) across our South African
footprint and is overseen by an independent Ambassador to ensure we stand by
our policies and remain committed to amplifying our efforts."

 

Mr Cutifani concluded: "Anglo American's Purpose of re-imagining mining to
improve people's lives guides what we do across the board in considering the
needs and expectations of our employees, shareholders and diversity of
stakeholders. We are making good progress towards our Sustainable Mining
 Plan goals but we also recognise that the world moves on, as do society's
expectations of us. After four years, we are refreshing our Sustainable Mining
Plan, setting new and stretching targets which will continue to challenge us
to lead and innovate."

 

Today's Sustainability Performance presentation will be available on the Anglo
American website www.angloamerican.com at 9am UK time, with the presentation
itself starting at 9.30am UK time. A full recording will be available
following the presentation at:
www.angloamerican.com/investors/investor-presentations.

 

 

For further information, please contact:

 

 Media                                                                              Investors

 UK                                                                                 UK

 James Wyatt-Tilby                                                                  Paul Galloway

 james.wyatt-tilby@angloamerican.com                                                paul.galloway@angloamerican.com (mailto:paul.galloway@angloamerican.com)
 (mailto:james.wyatt-tilby@angloamerican.com)

                                                                                  Tel: +44 (0)20 7968 8718
 Tel: +44 (0)20 7968 8759

                                                                                  Emma Waterworth
 Marcelo Esquivel                                                                   Emma.waterworth@angloamerican.com (mailto:Emma.waterworth@angloamerican.com)

Tel: +44 (0) 20 7968 8574
 marcelo.esquivel@angloamerican.com (mailto:marcelo.esquivel@angloamerican.com)

 Tel: +44 (0)20 7968 8891

                                                                                  Juliet Newth

                                                                                  juliet (mailto:juliet.newth@angloamerican.com) .newth@angloamerican.com
 Katie Ryall                                                                        (mailto:juliet.newth@angloamerican.com)

 katie.ryall@angloamerican.com (mailto:katie.ryall@angloamerican.com)               Tel: +44 (0)20 7968 8830

 Tel: +44 (0)20 7968 8935

                                                                                    Michelle Jarman

 South Africa                                                                       michelle.jarman (mailto:michelle.jarman@angloamerican.com) @angloamerican.com

                                                                                  (mailto:michelle.jarman@angloamerican.com)
 Nevashnee Naicker

                                                                                  Tel: +44 (0)20 7968 1494
 nevashnee.naicker@angloamerican.com

 Tel: +27 (0)11 638 3189

 Sibusiso Tshabalala

 sibusiso.tshabalala@angloamerican.com
 (mailto:sibusiso.tshabalala@angloamerican.com)

 Tel: +27 (0)11 638 2175

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 diamonds (through De Beers), copper, platinum
group metals, premium quality iron ore and metallurgical coal for steelmaking,
and nickel - 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 (http://www.angloamerican.com)

 

 

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(https://www.instagram.com/angloamericanplc/?hl=en)
(https://www.youtube.com/channel/UC3KrEjbgxO7cnM8-hEzapjw)
(https://twitter.com/angloamerican)

 

 

 

Forward-looking statements:

This document includes forward-looking statements. All statements other than
statements of historical facts included in this document, including, without
limitation, those regarding Anglo American's financial position, business,
acquisition and divestment strategy, dividend policy, plans and objectives of
management for future operations (including development plans and objectives
relating to Anglo American's products, production forecasts and Ore Reserve
and Mineral Resource positions) and environmental, social and corporate
governance goals and aspirations, are forward-looking statements. By their
nature, such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Anglo American or industry results to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements.

 

Such forward-looking statements are based on numerous assumptions regarding
Anglo American's present and future business strategies and the environment in
which Anglo American will operate in the future. Important factors that could
cause Anglo American's actual results, performance or achievements to differ
materially from those in the forward-looking statements include, among others,
levels of actual production during any period, levels of global demand and
commodity market prices, mineral resource exploration and development
capabilities, recovery rates and other operational capabilities, safety,
health or environmental incidents, the effects of global pandemics and
outbreaks of infectious diseases, the outcome of litigation or regulatory
proceedings, the availability of mining and processing equipment, the ability
to produce and transport products profitably, the availability of transport
infrastructure, the impact of foreign currency exchange rates on market prices
and operating costs, the availability of sufficient credit, the effects of
inflation, political uncertainty and economic conditions in relevant areas of
the world, the actions of competitors, activities by courts, regulators and
governmental authorities such as in relation to permitting or forcing closure
of mines and ceasing of operations or maintenance of Anglo American's assets
and changes in taxation or safety, health, environmental or other types of
regulation in the countries where Anglo American operates, conflicts over land
and resource ownership rights and such other risk factors identified in Anglo
American's most recent Annual Report. Forward-looking statements should,
therefore, be construed in light of such risk factors and undue reliance
should not be placed on forward-looking statements. These forward-looking
statements speak only as of the date of this document. Anglo American
expressly disclaims any obligation or undertaking (except as required by
applicable law, the City Code on Takeovers and Mergers, the UK Listing Rules,
the Disclosure and Transparency Rules of the Financial Conduct Authority, the
Listings Requirements of the securities exchange of the JSE Limited in South
Africa, the SIX Swiss Exchange, the Botswana Stock Exchange and the Namibian
Stock Exchange and any other applicable regulations) to release publicly any
updates or revisions to any forward-looking statement contained herein to
reflect any change in Anglo American's expectations with regard thereto or any
change in events, conditions or circumstances on which any such statement is
based.

 

Nothing in this document should be interpreted to mean that future earnings
per share of Anglo American will necessarily match or exceed its historical
published earnings per share. Certain statistical and other information about
Anglo American included in this document is sourced from publicly available
third party sources. As such it has not been independently verified and
presents the views of those third parties, but may not necessarily correspond
to the views held by Anglo American and Anglo American expressly disclaims any
responsibility for, or liability in respect of, such information.

 

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