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Sustainable Development & Financial Report Sustainable Development & Financial Report 2009 COPPER OPERATIONS IN CHILE 2. 3. Highlights of the year Anglo American 4 Chief executive’s foreword 6 Committed to the victims of the earthquake Record production and work safety 8 Scope 12 Anglo American plc performance. 16 Anglo American Chile 22 Operations in Chile Anglo American 30 2009 performance and 2010 targets 5,933 small- and medium-sized business entrepreneurs supported by the Emerge programme. mission Financial Capital 34 Economic performance Anglo American aims to be the leading US$584 million paid to the State in tax. global mining company – through the operational excellence of world class Financial Capital Capital Financial US$6.7 million invested in social initiatives and assets in the most attractive commodities the community. and a resolute commitment to safe and sustainable mining. Human Capital 48 Safety and occupational health US$1.7 billion in profit. 56 Our people invested in the year. US$926 million Human Capital Review and relaunch of the Good Citizenship Business Principles. Social Capital 66 Corporate presence in the community 72 Community engagement plans New management systems published for social and environmental performance. Social Capital REPORT APPLICATION LEVELS Natural Capital C C+ B B+ A A+ 82 Environmental management 84 Energy efficiency programme Self 86 Performance by division Declared 98 Environmental performance indicators Mandatory Natural Capital Natural Third Party Checked Optional GRI Manmade Capital 106 Procurement and contracts Checked Assured Externally Report Assured Externally Report 110 Supplier development programme 112 Lifecycle Manmade Capital Manmade Capital Financial Statements For further information, 114 Condensed and audited please contact: financial statements Marcelo Esquivel External Affairs Manager [email protected] Financial Statements Statements Financial In seeking to mitigate the possible impacts of this process on the environment, this Sustainable Development and Financial Report Appendices 2009 was printed on couché paper made from 146 Appendix 1 100% chemical paste and free of chlorine 147 Appendix 2 and acid, and used vegetable-based dye in 148 Appendix 3 the printing process. The UV varnish used 150 GRI index does not contain toxic substances, PCP, PVC, Appendices NVP, or heavy metals, such as lead, cadmium, chromium,Anglo American arsenic, / anthin, Copper barium / Chile or Sustainable mercury. Development & Financial Statements Report 2009 4. Chief executive’s foreword 5. Chief executive’s foreword Anglo American Rebuilding a better society 2009 will be recalled as a record year for Anglo American Chile. There was record production, investment was 22% up on 2008, important prospects were discovered near Los Bronces and the company attained the best safety result in its history. Moreover, it implemented and sharpened social and environmental management systems and asset optimisation, which bolstered the sustainability strategy and management. I must start this foreword by touching on the principals and all the players involved to in 2009, in which Chile has become the social and supply chain management. enhancing the quality of life of their families. dramatic consequences of the earthquake provide a quick and efficient response in headquarters of the Copper business unit, Regarding the former two, The Anglo The target is to support a total of 7,000 and tsunami that hit the centre and south of keeping with needs arising. underpins the challenge of making us the Environment Way and Anglo Social Way entrepreneurs in 2010. Chile on 27 February 2010. Like the whole investment, partner and employer of choice. standards were released, which systematise of society, Anglo American’s employees Although there are many months to go before The new structure aims to boost the efficiency the vision, policies and management systems Progressing with transparency and executives were moved by the grief of assessing the impact of our endeavours, of our operations and co-ordination with the underpinning Anglo American’s work in these thousands of families who lost their loved we believe the action we took faithfully company’s other activities worldwide. areas. We are checking all our methodologies Anglo American Chile wanted to make ones and all their personal effects. At the reflects the scope of our philosophy of and and processes at operations in Chile to fully progress with its commitment to same time, we witnessed the strength of commitment to contributing towards the The zero harm goal for safety and occupational migrate to these guidelines. transparency, for which it commissioned our country to get back on its feet and start sustainable development of society and the health is essential for all our activities and PricewaterhouseCoopers to carry out limited reconstruction thanks to the solidarity of the communities with whom we engage. Our operations. The accident rate index was 0.17 Progress continued with embracing the independent verification of this report. The entire society. experience, based on sound methodological (per 200,000 hours worked) in 2009 and our supply chain sustainability focus by means content and information reported by the five criteria, has enabled us to develop capabilities five operations were among the top seven of the Anglo American Supply Chain (AASC) divisions were therefore checked against Anglo American immediately realised that are heavily embedded in our entire with the best safety performance in Chile that programme. This model is driving global the scope outlined in the verification report this disaster was not only a test of the organisation, which we knew how to fully year. management of different procurement and enclosed below. Embracing a new commitment and willingness of companies deploy when the country most needed service categories. Such endeavours, in to contribute to the well-being of their them. In brief, we not only made a donation The challenge for 2010 is to carry on addition to asset optimisation measures, As in all the previous versions, this report corporate structure neighbours and the country in general but and provided money but we also made our disseminating and empowering the safety will generate benefits of US$2 billion for the was drawn up based on the guidelines of the would also measure the ability to manage management capacity and professionals concept in all the company’s areas and Group worldwide in 2011. Global Reporting Initiative (GRI). We also used in 2009, in which resources efficiently to implement solutions available to the community to allow 4,500 functions. Our goal is still zero accidents and, different sources of information, studies and Chile has become with a high social impact. Although no schoolchildren to return to their classes in although we are getting close, we should step With regard to the contribution to generating recommendations to detect those issues of corporate social responsibility model has most record time. up efforts to make this a reality. social capital, we have undertaken the interest to our stakeholders. the headquarters of likely ever been designed to address such a commitment of making a contribution to disaster, we decided to honour our corporate The challenges of a new scenario The progress with the Los Bronces improving the quality of education. Besides Please review the content and let us know the Copper business values and our traditional way of acting with Development Project leads us to foresee sharpening this area in the community your comments and suggestions, which will be people. That was evident in our response to 2009 started out with the great difficulty further challenges for the growth of the scale engagement plans of each division, Anglo very useful to improve the reporting process unit, underpins the provide direct relief to the towns in the area caused by the global financial crisis. The of operations involved in the start-up in 2011. American has embraced high-impact initiatives and our general undertakings. hit most by the disaster, which is outlined copper price plummeted in late 2008 and This scenario will require highly skilled teams, in this area like the Enseña Chile and Elige challenge of making in the first few pages of this report, and in only started to recover as of March 2009. for which reason the company is increasing its Educar programmes. us the investment, donating US$10 million in aid, one of the Nevertheless, as we mentioned in the previous people development, continuous improvement largest donations made in the country. report, this crisis did not entail trimming and internal communication programmes, Moreover, in 2009 we decided to support the partner and employer our contribution to the communities, our aware that without raising our competencies work of Un Techo Para Chile (A Roof for Chile) Our contribution was essentially aimed at environmental endeavours or the focus on the and the ability to attract the most talented to bring an end to the shanty towns that still of choice”. recovering the educational infrastructure by safety of our employees. Quite the contrary, people to the company, it will not be possible exist in the Metropolitan Region and help building and implementing modular schools. Anglo American Chile continued to invest in to suitably respond to this growth of the more than 4,660 families obtain dignified and Miguel Ángel Durán We thereby enabled schoolchildren from its sustainable development projects and had company. definitive housing. Chief
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