2007 Annual Report
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Reporting in accordance with the Global Reporting Initiative (GRI), ICMM Sustainable Development Framework and the United Nations Global Compact

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A+ GRI Report, self-declared

AngloGold Ashanti is an organisational stakeholder of the Global Reporting Initiative (GRI) and has prepared this Report to Society 2007 in accordance with the GRI 2006 G3 Sustainability Guidelines.

Application Level Grid

As a founding member of the ICMM we are committed to good business practices in sustainable development and to implementing the ICMM Sustainable Development Framework and compliance with policy statements of the ICMM Council. Further, AngloGold Ashanti is a signatory to the United Nations Global Compact and, as such, is committed to providing a progress assessment on how the principles of the Global Compact have been progressed throughout policies and actions during the year. We report on our progress in complying with the principles to the Global Compact on a quarterly basis.

In the schedule below, we have reported in accordance with the GRI indicators (including the Mining and Metals Supplement), providing an indication of where this information may be found, as well as the corresponding ICMM principles and Global Compact principles.

GRI and the principles of GRI

The GRI is a large multi-stakeholder network of experts worldwide, who participate in GRI’s working groups and governance bodies, use the GRI Guidelines to report, access information in GRI-based reports, or contribute to develop the Reporting Framework in other ways, both formally and informally.

The GRI’s vision is that reporting on economic, environmental, and social performance by all organisations is as routine and comparable as financial reporting. The GRI network accomplishes this vision by developing, continuously improving, and building capacity around the use of a Sustainability Reporting Framework, the core of which are the Sustainability Reporting Guidelines. Other components in the Reporting Framework are Sector Supplements and Protocols.

AngloGold Ashanti is an Organisational Stakeholder of GRI and is thus committed to reporting in accordance with GRI. The GRI principles have been developed to define a compact between the reporting organisation and the report user, ensuring that both parties share a common understanding of a GRI-based report.

By adhering to the 11 principles, users can ensure that reports:

  • Present a balanced and reasonable account of economic, environmental and social performance, and the resulting contribution of the organisation to sustainable development over time;
  • Facilitate comparison over time;
  • Facilitate comparisons across organisations; and
  • Credibly address issues of concern to stakeholders.

The principles are as follows:

  • Transparency: Full disclosure of the processes, procedures and assumptions in report preparation are essential to its credibility.
  • Inclusiveness: The reporting organisation should systematically engage its stakeholders to help focus and continually advance the quality of its reports.
  • Auditability: Reported data and information should be recorded, compiled, analysed, and disclosed in a way that would enable internal auditors or external assurance providers to attest to its reliability.
  • Completeness: All information that is material to users for assessing the reporting organisation’s economic, environmental and social performance should appear in the report in a manner that is consistent with the declared boundaries, scope, and time period.
  • Relevance: Relevance is the degree of importance assigned to a particular aspect, indicator, or piece of information, and represents the threshold at which information becomes significant enough to be reported.
  • Sustainability context: The reporting organisation should seek to place its performance in the larger context of ecological, social, or other limits or constraints, where such context adds significant meaning to the reported information.
  • Accuracy: The accuracy principle refers to achieving the degree of exactness and low margin of error in reporting information necessary for users to make decisions with a high degree of confidence.
  • Neutrality: Reports should avoid bias in selection and presentation of information and should strive to provide a balanced account of the reporting organisation’s performance.
  • Comparability: The reporting organisation should maintain consistency in the boundary and scope of its reports, disclose any changes, and restate previously reported information.
  • Clarity: The reporting organisation should remain cognisant of the diverse needs and backgrounds of its stakeholder groups and should make information available in a manner that is responsive to the maximum number of users while still maintaining a suitable level of detail.
  • Timeliness: Reports should provide information on a regular schedule that meets user needs and comports with the nature of the information itself.

For further information see www.globalreporting.org

The 10 principles of ICMM

The International Council on Mining and Metals (ICMM) was formed in October 2001 to represent leading international mining and metals companies. Its vision is a “viable mining, minerals and metals industry that is widely recognised as essential for modern living and a key contributor to sustainable development.” ICMM members believe that by demonstrating superior business practices they will gain preferential access to land, capital and markets.

Members are required to practice their commitment to environmental, economic and social responsibility. Significant progress has been made in helping the members raise their contribution towards achieving sustainable development by creating tools to improve performance, including sharing examples of good practice.

Member companies are committed to the ICMM Sustainable Development Framework, including a set of 10 principles, supported by public reporting and independent assurance. AngloGold Ashanti is a founding member of ICMM.

The ICMM Principles:

  1. Implement and maintain ethical business practices and sound systems of corporate governance.
  2. Integrate sustainable development considerations within the corporate decision-making process.
  3. Uphold fundamental human rights and respect cultures, customs and values in dealings with employees and others who are affected by our activities.
  4. Implement risk management strategies based on valid data and sound science.
  5. Seek continual improvement of our health and safety performance.
  6. Seek continual improvement of our environmental performance.
  7. Contribute to conservation of biodiversity and integrated approaches to land use planning.
  8. Facilitate and encourage responsible product design, use, reuse, recycling and disposal of our products.
  9. Contribute to the social, economic and institutional development of the communities in which we operate.
  10. Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders.

For further information see www.icmm.com

UN Global Compact and the 10 principles

In an address to the World Economic Forum on 31 January 1999, the former Secretary-General of the United Nations, Kofi Annan, challenged business leaders to join an international initiative – the Global Compact – that would bring companies together with UN agencies, labour and civil society to support universal environmental and social principles. The Global Compact’s operational phase was launched at UN Headquarters in New York on 26 July 2000. Today, thousands of companies from all regions of the world, international labour and civil society organisations are engaged in the Global Compact, working to advance ten universal principles in the areas of human rights, labour, the environment and anti-corruption . Through the power of collective action, the Global Compact seeks to promote responsible corporate citizenship so that business can be part of the solution to the challenges of globalisation. In this way, the private sector – in partnership with other social actors – can help realise the Secretary-General’s vision: a more sustainable and inclusive global economy.

The Global Compact is a purely voluntary initiative with two objectives:

  • To mainstream the 10 principles in business activities around the world; and
  • Catalyse actions in support of UN goals.

To achieve these objectives, the Global Compact offers facilitation and engagement through several mechanisms: Policy Dialogues, Learning, Country/Regional Networks, and Partnership Projects. The Global Compact is not a regulatory instrument – it does not “ police”, enforce or measure the behaviour or actions of companies. Rather, the Global Compact relies on public accountability, transparency and the enlightened self-interest of companies, labour and civil society to initiate and share substantive action in pursuing the principles upon which the Global Compact is based. AngloGold Ashanti is a signatory to the Global Compact.

The 10 Principles

The Global Compact’s 10 principles in the areas of human rights, labour, the environment and anti-corruption enjoy universal consensus and are derived from:

  • The Universal Declaration of Human Rights
  • The International Labour Organization’s Declaration on Fundamental Principles and Rights at Work
  • The Rio Declaration on Environment and Development
  • The United Nations Convention Against Corruption

The Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment, and anti-corruption:

Human Rights

Principle 1:

Businesses should support and respect the protection of internationally proclaimed human rights.

Principle 2:

make sure that they are not complicit in human rights abuses.

Labour Standards

Principle 3:

Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.

Principle 4:

the elimination of all forms of forced and compulsory labour.

Principle 5:

the effective abolition of child labour.

Principle 6:

the elimination of discrimination in respect of employment and occupation.

 

Environment

Principle 7:

Businesses should support a precautionary approach to environmental challenges.

Principle 8:

undertake initiatives to promote greater environmental responsibility.

Principle 9:

encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10:

Businesses should work against all forms of corruption, including extortion and bribery.

For more information see www.unglobalcompact.org.



AngloGold Ashanti also reported payments to government in line with the Extractive Industries Transporting Initiative (EITI).

Environmental indicator supplement (PDF -574KB)

Reporting Status Key

Fully reportedAnnual Financial Statements (AFS)
Partially reportedCountry reports
Not applicableSocial and Labour Plan Reports
AngloGold Ashanti websiteNot reported

GRI content index
GRI GuidelinesICMM sustainable development frameworkUN Global compactLocation in the reportStatus
GRI NumberContentICMM principleContentGlobal compact principleContent  
Profile
1. Strategy and analysis
1.1Statement by the CEO about the relevance of sustainability to the organisation and its strategy2Integrate sustainable development considerations within the corporate decision-making process  
1.2Description of key impacts, risks and opportunities
2. Organisational profile
2.1Name10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
2.2Primary brands, products and services
2.3Operational structure and major divisions,
2.4Location of headquarters
2.5Countries of operations
2.6Nature of ownership and legal form,
2.7Markets served,
2.8Scale of reporting organisation,
2.9Significant changes during the year,
2.10Awards received,
3. Report parameters
3.1Reporting period10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
3.2Date of previous report
3.3Reporting cycle
3.4Contact point
Report scope and boundary
3.5Process for defining report content10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
3.6Boundary of the report
3.7Limitations
3.8Basis for reporting on joint ventures or subsidiaries
3.9Data measurement techniques
3.10Explanation of the effects of any restatements
3.11Significant changes from previous reporting period
GRI content index
3.12Table identifying location of disclosure10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
  • All content on this page
Assurance
3.13Policy and current practice with regard to seeking external assurance of the report10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
4.Governance, commitments and engagement
4.1Governance structure including committees1Implement effective and maintain ethical business, practices and sound systems of corporate governance  ,
4.2Independence of the chair
4.3Independence of Board
4.4Mechanisms for shareholders and employees to provide recommendations or direction to the board
4.5Linkage between compensation and performance,
4.6Process to ensure conflicts of interest are avoided, ,
4.7Process for determining qualifications of the board
4.8Internally developed relevant statements of mission or principles
4.9Procedure for risk identification and compliance,
4.10Process for evaluating board’s own performance,
Commitments to external initiatives
4.11Explanation of use precautionary approach4Implement risk management strategies based on valid data and sound science7Support a precautionary approach to environmental challenges,
4.12Externally developed charters, principles and other initiatives endorsed
4.13Memberships of associations and advocacy bodies10Implement effective and transparent engagement, communication and independently verified reporting arrangements with out stakeholders 
Stakeholder engagement
4.14List of stakeholders10Implement effective and transparent engagement, communication and independently verified reporting arrangements with out stakeholders  ,
4.15Basis of identification of stakeholders  
4.16Approaches to stakeholder engagement  
4.17Key topics and concerns of stakeholders  
Economic performance indicators
Aspect: Economic performance
 Management approach 9Contribute to the social, economic and institutional development of the community in which we operate  ,
Aspect: Economic performance
EC1Direct economic value generated  and distributed9Contribute to the social, economic and institutional development of the community in which we operate  
EC2Financial implications and risks due to climate change4Implement risk management strategies based on validation  and sound science  
EC3Coverage of the organisation's defined benefit plan obligations10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
EC4Significant financial assistance from government
EC5Ratio of standard entry level wage compared to local minimum wage at significant areas of operation
MM1Identify those sites where the local economic contribution and development impact is of particular significance and interest to stakeholders and outline policies with respect to assessing this contribution9Contribute to the social, economic and insitutional development of the community in which we operate  ,
  
MM2Value added disaggregated by country  ,
Aspect: Market presence
EC6Policy, practices and proportions of  spending on locally-based suppliers at significant locations of operation9Contribute to the social, economic and institutional development of the community in which we operate  
EC7Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation  
Aspect: Indirect economic impacts
EC8Development and Impact of infrastructure investments and services provided for public benefit9Contribute to the social, economic and institutional development of the community in which we operate  
EC9Indirect impacts
Environmental performance indicators
 Management approach   8Undertake initiatives to promote greater environmental responsibility
Aspect: Materials
EN1Weight of materials used6Seek continual improvement of our environmental performance8Undertake initiatives to promote greater environmental responsibility,
EN2Percentage of materials used that are recycled,
Aspect: Energy
EN3Direct energy consumption by primary source6Seek continual improvement of our environmental performance8Undertake initiatives to promote greater environmental responsibility,
EN4Indirect energy consumption by primary source,
Aspect: Water
EN8Total water withdrawal6Seek continual improvement of our environmental performance  ,
Aspect: Biodiversity
EN11Location and size of land owned, leased or managed in, or adjacent to protected areas7Contribute to conservation of biodiversity and integrated approaches to land use planning  Undertake initiatives to promote greater environmental responsibility ,
EN12Description of significant impacts of activities, products and services on biodiversity and protected areas of high biodiversity value outside of protected areas,
Aspect: Emissions, effluents and waste
EN16Total direct and indirect GHG emissions by weight6Seek continual improvement of our environmental performance8Undertake initiatives to promote greater environmental responsibility,
EN17Other relevant indirect GHG emissions by weight,
EN19Emissions of ozone depleting substances by weight,
EN20NOx, Sox and other significant air emissions by weight,
EN21Total water discharge by quality and destination,
EN22Total weight of waste by type and disposal method,
EN23Total number and volume of significant spills
Aspect: Products and services
EN26Initiatives to mitigate environmental impacts of products8Facilitate and encourage responsible product design, use, re-use, recycling and disposal8Undertake initiatives to promote greater environmental responsibility
EN27Percentage of products sold that is reclaimed at the end of the products’ useful life by product category ,
Aspect: Compliance
EN28Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations6Seek continual improvement of our environmental performance8Undertake initiatives to promote greater environmental responsibility,
Aspect: Overall
EN23 GRI 2002, MM supplementTotal amount of land owned, leased, and managed for production activities or extractive use. Total land disturbed and unrehabilitated, newly mined and rehabilitated land7Contribute to conservation of biodiversity and integrated approaches to land use planning8Undertake initiatives to promote greater environmental responsibility
MM3The number/percentage of sites identified as requiring biodiversity management plans, and the number/percentage of sites with plans in place,
MM4Percentage of product(s) derived from secondary materials. This includes both post-consumer recycled material and waste from industrial sources (e.g. new scrap from fabricators and old scrap from end of life equipment), but excludes internal recycling within the facility8Facilitate and encourage responsible product design, use, re-use, recycling and disposal of our products,
MM5Describe policies for assessing the eco-efficiency and sustainability attributes of products (e.g. recyclability, material use, energy use, toxicity, etc.) ,
MM6Describe approach to management of overburden, rock, tailings, and sludges/ residues including assessment of risks; structural stability of storage facilities; metal leaching potential; and hazardous properties6Seek continual improvement of our environmental performance   ,
Social performance indicators
Labour practices and decent work
Aspect: Employment9Contribute to the social, economic and institutional development of the communities in which we operate    
 Management approach
LA1Total workforce by employment type, contract and region
LA2Total number and rate of employee turnover by age group, gender
LA3Benefits provided to full time employees
Aspect: Labour/management relations
LA4Percentage of employees covered by collective bargaining agreements3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities  
LA5Minimum notice period and consultation and negotiation practices with employees and/or their representatives regarding operational changes
Aspect: Occupational health and safety
  5Seek continual improvement of our health and safety performance    
LA6Percentage of workforce represented in formal joint management-worker health and safety committees that help monitor and advise on occupational safety programmes
LA7Rates of injury, occupational diseases, lost days and absenteeism, and total number of work related fatalities by region
LA8Education, training, counselling, prevention and risk control programmes in place to assist workforce members, their families or community members regarding serious disease5Seek continual improvement of our health and safety performance   
LA9Health and safety topics covered in formal agreements with trade unions
MM12Describe approach to identifying, preparing for, and responding to emergency situations affecting employees, communities, or the environment. Include a description of the nature of existing skills, teams who respond to emergency situations, training, drills, review processes and community involvement. 
MM13Number of new cases of occupational disease by type. Describe programmes to prevent occupational disease. 
Aspect: Training and education
LA10Average hours of training per year per employee per category9Contribute to the social, economic and institutional development of the communities in which we operate  
LA11Programmes for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings,
LA12Percentage of employees receiving regular performance and career development reviews
Aspect: Diversity and equal opportunity
LA13Composition of governance bodies and breakdown of employees per category according to gender, age group, minority group membership, and other indicators of diversity1Implement and maintain ethical business practices and sound systems of corporate governance  ,
LA14Ratio of basic salary of men to women by employee category,
Human Rights
Aspect: Investment and procurement practices
HR1Percentage and total number of significant investments and agreements that include human rights screening3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities6Eliminate discrimination in respect of employment and occupation
HR2Percentage of significant suppliers that have undergone screening on human rights and actions taken
HR3Total hours of employee training on policies and procedures concerning aspects of human rights that are relevant to operations, including the percentage of employees trained
Aspect: Non discrimination
HR4Total number of incidents of discrimination and actions taken3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities6Eliminate discrimination in respect of employment and occupation
Aspect: Freedom of association and collective bargaining
HR5Operations identified in which the right to exercise freedom of association and collective bargaining may be at significant risk, and actions taken to support these rights3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities3Uphold freedom of association and recognition of right to collective bargaining
Aspect: Child labour
HR6Operations identified as having significant risk for incidents of child labour3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities5Uphold abolition of child labour
Aspect: Forced and compulsory labour
HR7Operations identified as having significant risk for incidents of forced or compulsory labour, and measures taken to contribute to the elimination of forced or compulsory labour. 3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities 4 Eliminate all forms of forced and compulsory labour
Aspect: Security practices
HR8Percentage of security personnel trained in the organisation’s policies and procedures concerning aspects of human rights that are relevant to operations 3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities  
Aspect: Indigenous rights
HR9Total number of incidents or violations involving rights of indigenous people and actions taken3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities  
Society
Aspect: Community
SO1Nature, scope and effectiveness of any programmes and practices that assess and manage the impacts of operations on communities including entering, operating and exiting2Integrate sustainable development considerations within the corporate decision-making process  
Aspect: Corruption
SO2Percentage and total number of business units analysed for risks related to corruption1Implement and maintain ethical business practices and sound systems of corporate governance  
SO3Percentage of employees trained in organisation’s anti-corruption policies and procedures
SO4Actions taken in response to incidents of corruption
Aspect: Public policy
SO5Public policy positions and participation in public policy development and lobbying10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
SO6Total value of financial and in-kind contributions to political parties, politicians and related institutions.
Aspect: Anti-competitive behaviour
SO7Total number of legal actions for anti-competitive behaviour, anti-trust and monopoly practices and their outcomes10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
Aspect: Compliance
SO8Monetary value of significant fines and total number of non-monetary compliance with laws and regulations10Implement effective and transparent engagement, communication and independently verified reporting arrangements with our stakeholders  
MM11Describe process for identifying local communities’ land and customary rights, including those of indigenous peoples, and grievance mechanisms used to resolve any disputes3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities1 and 2Support and respect protection of internationally proclaimed human rights; and ensure they are not complicit in human rights abuses
MM7Describe significant incidents affecting communities during the reporting period, and grievance mechanisms used to resolve the incidents and their outcomes    
MM8Describe programmes in which the reporting organisation has been involved that addressed artisanal and small-scale mining (ASM) within company areas of operation3Uphold fundamental human rights and respect cultures and values in dealings with employees and others who are affected by our activities1 and 2Support and respect protection of internationally proclaimed human rights; and ensure they are not complicity in human rights abuses
MM9Describe resettlement policies and activities: identify sites where resettlements took place and the number of households resettled in each; and include practices regarding resettlement and compensation, and the degree of alignment with the World Bank Operational Directive on Involuntary Resettlement
MM10Number of percentage of operations with closure plans, covering social – including labour transition – environmental and economic aspects. Describe company policy, stakeholder engagement processes, frequency of plan review, and amount and type of financial provisions for closure2Integrate sustainable development considerations within the corporate decision-making process  ,
Product responsibility
Aspect: Customer health and safety
PR1Life cycle stages in which health and safety impacts of products and services are assessed for improvement, and percentage of significant products and services categories subject to such procedures  9Encourage development and diffusion of environmentally friendly technology
Aspect: Product and service labelling
PR3Procedures for product and service information and labelling    
Aspect: Marketing and communications
PR6Programmes of adherence to laws, standards and voluntary codes related to marketing communications, including advertising, promotion and sponsorship    
Customer privacy
PR9Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services    

Additional indicators are shaded

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AngloGold Ashanti Annual Report 2007 – Report to Society