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Anglo American Recognizes Water Is A Key Business Risk

Date: 21 March 2013

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9 pages, 4 figures

Executive Summary

This case study is one in a series of Verdantix reports that analyses corporate sustainability strategies. This report provides CSOs and VPs of Sustainability with an independent analysis of Anglo American’s sustainability strategy. Verdantix selected Anglo American, a $30.1 billion global mining company, originally from South Africa and headquartered in London since 1999, for a case study to better understand how firms are exposed to water risks. Verdantix finds that Anglo American has an ambitious sustainability strategy, which is understandable given it operates in extreme environments such as Chile’s Atacama Desert. The sustainability strategy combines social, safety and environmental responsibilities through an embedded zero harm culture. Anglo American has developed a programme of quantifying sustainability as a business risk and is developing true value metrics for water beyond cost. Anglo American’s ambitious long-term aim of zero harm and water and carbon neutrality is both a competitive advantage and a method of securing business continuity in environmentally stressed regions.

TABLE OF CONTENTS

PATHS ANGLO AMERICAN RECOGNIZES WATER IS A KEY BUSINESS RISK
Anglo American’s Strategy Weaves Social And Environmental Ambitions
Anglo American Focuses On Water For Its Medium To Long-Term Strategy
Anglo American Embarks On A Journey To The True Value Of Sustainability

TABLE OF FIGURES

Figure 1. Targets For Diversity, Energy, Health, Society And Water
Figure 2. Anglo American’s Sustainability Initiatives Aim For Brand Enhancement
Figure 3. GHG Emissions And Emissions Intensity Decline
Figure 4. Water Consumption And Intensity Increase Marginally Between 2010 And 2011

ORGANIZATIONS MENTIONED

Altergy, Fauna & Flora International, Imperial College London, International Alert, MBD Energy, United Nations Environment Programme, University of Queensland