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Living up to DIAMONDS

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Living up to DIAMONDS Living UP TO DIAMONDS REPORT TO SOCIETY 2010 SUMMARY REVIEW CONTENTS 1 16 About this report Economics 2 24 Chairman’s introduction Ethics 4 32 Acting CEOs’ introduction Employees 6 40 Operating highlights Communities 9 48 Our approach to sustainability Environment 10 56 Reporting on our approach Assurance statement 12 58 Engaging with stakeholders Further information 14 Managing our sustainability risks For further information on the De Beers Family of Companies and its sustainability performance, please see the online resources below: GRI COMPLIANCE TABLE De Beers Family of Companies Report to Society 2010 This table sets out how the Global Reporting Initiative (GRI) Reporting Framework Reports referenced has been applied in our sustainability reporting, and how our reporting links CONTENTS D e B eers Family of Family of eers C ompanies At De Beers 1 16 to the UN Global Compact and UN Millennium Development Goals. It primarily About this report Economics we believe in addressing 2 24 SUSTAINABILITY ISSUES Chairman’s introduction Ethics openly and honestly. 4 32 WE ARE COMMITTED TO Acting CEOs’ introduction Employees 6 40 covers the De Beers Family of Companies Report to Society 2010 (RtS) – Living up ‘living up to diamonds’ Operating highlights Communities Operating & IN ALL WE DO. Living 9 Financial Review48 Our approach to sustainability2010 Environment UP TO DIAMONDS 10 56 Reporting on our approach Assurance statement 12 58 to Diamonds – and its counterpart Summary Review, but also makes reference Engaging with stakeholders Further information FEEDBACK We appreciate your feedback on this report or any other aspect of our sustainability performance. Please contact us at: 14 Managing sustainability External and Corporate Affairs De Beers UK Ltd, 17 Charterhouse Street, London, EC1N 6RA E [email protected] T +44 (0) 207 404 4444 For further information on the De Beers Family of Companies and its sustainability performance, please see the online resources below: www.debeersgroup.com REPORT TO SOCIETY 2010 SUMMARY REVIEW to the Operating and Financial Review 2010 (OFR). We have prepared the table Review 2010 – Summary to Society Report GRI table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“Core” indicators Partially reported 1 !!UN Global Compact Principles B49B&12'%&F&%1'#;'1012345364%427'8&";#"A35<&L'+2'41'#0"'6&%4&;'2B32'E&'B3F&' “Additional” indicators Fully reported 1 !!UN Millennium Development Goals 388%4&:'2B&')*+'*&8#"2459'G"3A&E#"H'2#'2B&'B49B&12'QR'1235:3":L !39&' ?@' !"#$%&'(')*+',)-.'/012345364%427'*&8#"2459')04:&%45&1 "&;&"&5<& =>2&52 A&<B3541A1 @#2&1 1 /2"32&97'35:'353%7141 1.1 Statement from the most senior decision maker about the relevance of sustainability 2, 4 to the organisation and its strategy 1.2 Description of key impacts, risks and opportunities 8-10, 16-17,32- 33, 48-49, 66- 67, 84-85, OFR 2 C"93541324#53%'8"#$%& Miss Chandapiwa Monamati, Cat 789 haul truck operator at Orapa Mine. 2.1 Name of the organisation Cover, 6, OFR 2.2 Primary brands, products and/or services OFR 2.3 Operational structure including main divisions, operating companies, 6, OFR subsidiaries, joint ventures www.debeersgroup.com Report to Society 2010 Our2.4 GRILocation of complianceorganisation’s headquarters table Cover, 6, OFR 2.5 Number of countries where the organisation operates, names of countries 6, OFR with major operations or sustainability issues Full Report 2.6 Nature of ownership and legal form 6, OFR 2.7 Markets served (geographic breakdown, sectors served and types 6, 23, 28-31, 44, of customers/bene!ciaries) OFR 2.8 Scale of the organisation, including: number of employees; net sales; capitalisation 18-20, 23, 29, and quantity of products provided OFR 2.9 Signi!cant changes during the reporting period regarding size, structure or ownership OFR 2.10 Awards received in the reporting period 55, 78 in order to help stakeholders quickly find the information they want. 1 De Beers Family of Companies Report to Society 2009 RtS – Report to Society 2010. Application of the GRI Reporting Framework forms a key part of our commitment Both the detailed Report and its counterpart Summary Review are to continuous improvement and to achieving the highest levels of sustainability available for download from www.debeersgroup.com/sustainability performance. It is our belief, and the independent assessment of SGS, an Page number references are to the detailed Report to Society. assurance provider, that we have applied the GRI Reporting Framework OFR – Operating and Financial Review 2010. Available both online and as a PDF download from to the highest A+ standard. www.debeersgroup.com/ofr2010/index.html Page number references are to the PDF download. Independent SGS United Kingdom Ltd was commissioned by De Beers to conduct an independent assurance of the De Beers Report to Society, Summary Review 2010. In addition we have carried out a full evaluation of the GRI Application Level against GRI G3 (2006) and the requirements of the GRI Mining and Metals Sector Supplement. This Assurance evaluation includes the contents of the Summary Review 2010, GRI compliance table on the website, the full Report to Society 2010 and the Operating and Financial Review 2010. We are of the opinion that De Beers’ reporting is in line with Application level A+. Our full assurance statement can be found in the De Beers Report to Society, Summary Review 2010. 1 De Beers Family of Companies Report to Society 2010 www.debeersgroup.com Report to Society 2010 Our GRI compliance table Full Report From its mining operations across Botswana, Namibia, South Africa Our values are encapsulated by the concept of Living up to Diamonds. and Canada, De Beers produces and markets approximately 35% of We aim to achieve this by making a lasting contribution to the the world’s supply of rough diamonds by value. Together with our joint communities in which our people live and work. In this Summary Review, venture partners, De Beers operates in more than 20 countries across we demonstrate how we live up to diamonds by addressing material risks six continents, and employs more than 16,000 people. along the entire diamond pipeline, from mine to consumer. 1 2010 2010 Canada Tonnes Carats DE BEERS CANADA Start of treated recovered A production ’000 ’000 100% owned. A Snap Lake B Established 1998. B Victor Total 54,544 32,997 De Beers Canada 3,602 1,751 2 Namibia* Snap Lake 2007 869 925 NAMDEB Victor 2008 2,733 826 50/50 joint venture with C Atlantic 1 Namdeb 9,434 1,472 the Government of the D Alluvial Contractors C D Republic of Namibia. E Elizabeth Bay Land 1936 9,434 492 Established 1994. F Mining Area 1 Sea (m2 000) 1990 – 980 E G Orange River F G Debswana 24,439 22,218 Orapa 1971 12,928 9,527 3 Botswana Letlhakane 1975 3,307 1,221 DEBSWANA Damtshaa 2002 – – 50/50 joint venture with H Damtshaa H I Jwaneng 1982 8,204 11,470 the Government of the I Orapa J Republic of Botswana. J Letlhakane DBCM 17,069 7,556 Established 1968. K Jwaneng K Kimberley mines and contractors 1980 5,493 823 Finsch 1961 4,483 1,583 4 L South Africa Namaqualand mines and contractors 1928 41 97 DE BEERS CONSOLIDATED MINES N Venetia 1992 4,036 4,288 74/26 partnership L Venetia O M Voorspoed 2008 3,016 732 with BEE partner M Voorspoed P SASA (m2 000) 2007 – 33 Ponahalo Holdings. N Kimberley Established 1888. O Finsch Q P Namaqualand Q SASA Coverage 05 This Summary Review, and its counterpart as De Beers Diamond Jewellers (DBDJ) Diamond demand Report to Society 2010: Living up to Diamonds, and Element Six (E6). Use of ‘our’ or ‘we’ in We are involved in diamond together comprise the sixth annual the Report and Summary Review therefore retail through De Beers sustainability report produced by the relates to the De Beers Family of Companies, Diamond Jewellers (DBDJ), an De Beers Family of Companies. Both Report a collective term used for both wholly- independently managed retail and Summary Review are available for owned and joint-venture business entities. joint venture, and Forevermark, download from www.debeersgroup.com. our proprietary diamond brand. The Report and Summary Review include More information on De Beers’ structure, Through Element Six (E6), our performance data for those businesses operations and performance can be found industrial synthetic diamond that De Beers either owns or has a in the 2010 Operating and Financial Review, supermaterials business, we shareholding in, and that have significant available online or as a PDF download at: supply tool and application economic, social and environmental manufacturers across a diverse impacts. They also include narrative www.debeersgroup.com/ofr2010/ range of global markets.
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