Working for sustainable development in primary

industry

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.

• 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.

INTRODUCTION

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.

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.

• 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.

GOOD CITIZENSIP

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.

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?