Working for sustainable development in primary industry

1
Working for sustainable development in primary
industry
2
LEARNING OUTCOMES FOR THIS LESSON

• Know that Anglo American is a global leader in
  the mining and natural resources sector.
• Appreciate that natural capital can be used to
  develop social and human capital.
• Know that Anglo American is a socially
  responsible company.

3
INTRODUCTION

• Anglo American is a worldwide mining company.
• In some cases - such as Anglo's forestry business
  - these can be renewed. In mining, this is not
  the case.
• Anglo American tries to make sure that it's
  mining is sustainable.
• Sustainability is about replacing what has been
  taken out.

4
HELPING POORER COUNTRIES

• Poorer countries supply a high proportion of
  resources.
• Wealth from mining can help poorer countries to
  improve health and education.
• Many firms have a duty to help poorer countries
  to develop.

5
RESPONSIBILITY TO STAKEHOLDERS

• Stakeholders are any group that is affected by or
  has a stake in a business.
• Anglo American thinks all groups, not just
  shareholders, are important.
• Grouping a long term business it believes that it
  best serves its shareholders by also showing
  consideration to other stakeholders.

6
GOOD CITIZENSIP

• Anglo American recognises that its reputation is
  determined by the quality its relationships.
• The communities with which the Company is
  concerned range from people living next door to a
  paper mill to anyone living alongside a road used
  by the company's vehicles.
• Managing these is a key part of building a strong
  reputation and being a good corporate citizen.

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CONCLUSION

• Anglo American requires all its operations to
  have Community Engagement Plans.
• Anglo American makes mining sustainable by adding
  to social capital in areas where it works.
• Anglo American also seeks to ensure that its
  environmental impacts are carefully controlled.

8
ASSESSMENT OF LEARNING OUTCOMES

• How well do you know that Anglo American is a
  global leader in the mining and natural resources
  sector?
• How well do you appreciate that natural capital
  can be used to develop social and human capital?
• How well do you know that Anglo American is a
  socially responsible company?