Progress and ASsurance


Transparency on Sustainability Progress

We believe in timeous, accurate and transparent sustainability reporting. Our report broadly serves to account for our sustainability performance in a year, and inform stakeholders of our processes in managing sustainability related issues.

Sustainability Reporting

We currently produce a detailed online sustai​nability report and also an abbreviated printed sustainability report. All sustainability reporting was self-declared as being aligned with the Global Reporting Initiative (GRI) G4 standard. We also seek to ensure we align with the objectives of other key organisations in the mining sector including the International Council on Mining and Metals (ICMM), the United Nations Global Compact (UNGC), the Extractive Industries Transparency Initiative (EITI) and the Voluntary Principles on Security and Human Rights (VPSHR). Our reporting was reviewed by GRI. GRI’s statement may be found with the GRI Index.  The G4 standard represents a significant shift from the previous GRI standards, with the emphasis now on reporting what is material to the business rather than previously reporting information, much of which was not relevant to the company.

We are committed to progressive implementation of integrated reporting at all levels of our business. This integrated reporting seeks to provide a more holistic account of our business – both financial and non-financial objectives, our performance against these objectives, and our vision for the future.​ 

Performance Assurance

The assurance approach of our Group Internal Audit (GIA) team takes both financial and non-financial aspects of our business into account. GIA developed specific capacity in the area of sustainability assurance. Audits are performed in accordance with the Institute of Internal Auditors’ Standards for the Professional Practice of Internal Audit and assessed for validity, accuracy and completeness in line with the relevant GRI indicators, together with various data transfer and integrity checks.

Under the guidance of the Audit and Corporate Governance Committee, the adoption of a combined assurance model was progressed during 2014 with the aim of providing a coordinated approach to all assurance activities. This model facilitates group-wide integration of the various control, governance and assurance processes. Its introduction gives a new dimension to assurance within the group through the value derived from integrated assurance teams. Certain operations within AngloGold Ashanti are subjected to risk-based, integrated and combined assurance reviews. The outcome of these reviews provides reasonable assurance to allow the board, on the recommendation of the committee, to determine the effectiveness of the group’s system of internal controls over financial reporting.

External Assurance

External assurance of our sustainability reporting is currently provided by Ernst & Young. Data indicators are selected for assurance by external audit teams on the basis of their assessment of the issues and indicators that are most significant to the sustainability performance of the business, as well as the key risks identified by the group. Ernst & Young Inc.’s sustainability assurance statement can be found here​

​Leadership messages