The Board seeks to ensure AngloGold Ashanti remains a responsible corporate citizen by delivering on its financial performance objectives and pursuing environment, social and governance (ESG) principles, striving to enhance the economic life of host communities and to protect and minimise harm to the environment. The board acts with independence and its members have the appropriate competencies and experience to execute their fiduciary duties.
A culture of transparent reporting – internal and external – ensures compliance to AngloGold Ashanti’s policies and procedures and that challenges can be addressed as they arise.
In compliance with best practice, and to meet its obligations in terms of the US Sarbanes-Oxley Act of 2002, NYSE and JSE Rules and the King Report IV on Corporate Governance, AngloGold Ashanti’s Board of directors has adopted policies, procedures and guiding principles as part of the company’s corporate governance guidelines. Download our King IV Narratives
For further information on our governance practices, see the 2022 <IR>: Corporate governance.
Our Code of Business Principles and Ethics (Code) is fundamental to our culture of performance with integrity. This Code sets out our expectations for the conduct of our directors, employees, contractors and consultants and affirms our commitment to the highest standards of integrity and ethics in the conduct of our business. It addresses:
In 2023 we launched an updated Code of Business Principles and Ethics to underpin the rollout of AngloGold Ashanti’s new values, demonstrating alignment and consistency of a values-based organisation.
Effective leadership is not limited to compliance with the applicable rules and regulations. AngloGold Ashanti has also adopted non-binding rules, codes and standards that support AngloGold Ashanti being an effective and ethical corporate citizen.
Without limitation, AngloGold Ashanti is a member of and a signatory to the:
- International Council on Mining and Metals (ICMM)
- Minerals Council South Africa
- Principles of the United Nations Global Compact (UNGC)
- Extractive Industries Transparency Initiative (EITI)
- United Nations Guiding Principles on Business and Human Rights
- Voluntary Principles on Security and Human Rights (VPSHR)
- World Gold Council’s Conflict-Free Gold Standard and Responsible Gold Mining Principles
- International Cyanide Management Code