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A review of our performance
- Scope of the report
- Corporate profile
- The business of gold and the challenges it poses
- A review of our performance
- Key indicators and statistics – by region
- Key indicators and statistics – by issue
- Stakeholder engagement
- Letter from the CEO
- How we report
- Using this report
- Report of the independent assurers
- Reporting in accordance with GRI, the ICMM and the UN Global Compact
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Key indicators and statistics - by issue
ECONOMIC PERFORMANCE
- Continued restructuring with the new company vision, mission and values
- Vision, Mission and Values
- Economic performance: Renewing our vision, mission and values
- Gold production of 5Moz
- Rising costs across the industry
- Restructuring of balance sheet – rights issues, bond refinancing of hedgebook
- Significant payments to government, reporting in line with EITI
ETHICS AND GOVERNANCE
- Affirmation of safety and health as group’s first value
- Ethics and governance: Renewing the vision, mission and values
- Safety and health: Safety: our first value
- Emphasis on risk management
- Amendments to conflicts of interest and gifts, hospitality and sponsorship policies
- A number of significant legal issues, particularly related to taxation, remain unresolved.
- Compliance with voluntary codes – ICMM, EITI, UNGP, UPHR, RJC
- Political donations of $476,415 in Brazil and $26,300 in the USA
SAFETY AND HEALTH
- Significant improvements in safety performance
- 14 fatalities
- All mines OHSAS-compliant – well ahead of target
- Occupational safety and health transformation project to develop ‘safety blueprint’
EMPLOYMENT
- Employment provided to 62,895 people (80% permanent employees and 20% contractors)
- Turnover of 7.9% – lower than in 2007
- Development of System for the Management of People (SMP) based on requisite organisation model
- 86% of all employees are members of a union or participate in collective bargaining structures
- Programme to promote women in mining
- $35 million spent on training and development
HUMAN RIGHTS
- Vice President for Security appointed
- Global security review completed and new approach to asset protection and security being implemented, in line with Voluntary Principle on Human Rights and Security
- Escalating tension between the company and trespassers, and illegal miners
- Human rights: Significant issues
- Community: Significant community incidents
HIV & AIDS AND MALARIA
HIV & AIDS
- Improving health care outcomes
- ART programme delivers result – 1,933 people on ART in South Africa
- Study on economic impact of HIV & AIDS completed
Malaria
COMMUNITY
- Integration of community and environment functions
- Development and implementation of community land use management standard, which includes relocation
- Corporate social investment expenditure of $8.9 million
- Progress made with local economic development programmes
- Dealing with artisanal and small-scale miners
- Significant community incidents reported, four involving company-related security
ENVIRONMENT
- Integration of community and environment functions
- Further development of group’s position on climate change and its business case
- Case study: Developing a business case for climate change
- Closure plans in place at all operations. External review of closure planning and liabilities begun
- Good progress with implementation of Cyanide
- major environmental incidents reported
- Total rehabilitation and decommissioning liabilities of $405 million
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ANGLOGOLD ASHANTI Report to Society 2008