The AngloGold Ashanti Sustainability Report 2021 presents a detailed overview of our sustainability performance in 2021 from operations within our reporting boundary.
In setting our reporting boundary, we have considered impacts that result both from operations within AngloGold Ashanti and its associated companies, as well as from outside the organisation. While we seek to establish a consistent boundary for reporting across all our sustainability metrics, we also report on developments, impacts and data outside our reporting boundary where these are significant to the business and our sustainability performance. We do not report on non-financial information for Kibali mine in the Democratic Republic of the Congo (DRC), which is managed and operated by our joint venture partner, Barrick Gold Corporation.
This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option and the Sustainability Accounting Standards Board (SASB). These standards are the benchmark for sustainability reporting globally and an important measure of our progress. Both the GRI and SASB indices can be found online.
AngloGold Ashanti is a signatory to the United Nations Global Compact (UNGC) and this report serves as our 2021 Communication on Progress (COP). It is also aligned with the Sustainable Development Framework of the International Council on Mining and Metals (ICMM), of which AngloGold Ashanti is a member. The section on External charters and sustainability indices provides additional detail of compliance with other frameworks, including voluntary memberships.
We voluntarily engage with several third-party entities that rank our sustainability or environment, social and governance (ESG) performance, according to their own methodologies, including MSCI, S&P Global Inc., Responsible Mining Index (RMI) and Sustainalytics. The resultant rankings are based on our ESG-related disclosures and also ESG risks and performance and provide useful external feedback on our performance, and benchmarks against our peers. Some of these ESG rankings are reflected on our website, in our dedicated ESG Transparency Hub.
AngloGold Ashanti is on course to comply with the International Council on Mining and Metals (ICMM) Performance Expectations (PEs), as well as the World Gold Council’s (WGC) Responsible Gold Mining Principles (RGMPs). We have assessed the applicability of each mining principle at the corporate and business unit (asset) levels. We have completed the self-assessment of AngloGold Ashanti’s compliance with these mining principles at the corporate level; the assessment of compliance at asset level is currently underway. An external validation service provider will assess our compliance with the mining principles over a three-year period from October 2022. This validation will be prioritised based on a combination of factors, namely, the size of the operations, contribution to the Group’s revenue, sustainability risk profile, and the most recent conformance levels as assessed by management or through the Group’s combined assurance process. See further detail on the asset prioritisation in the 2021 ESG and Sustainability Data Workbook.
Key data found in our 2021 ESG and Sustainability Data Workbook illustrates our performance against our sustainability metrics. Where possible, we present data for five years to show trends and to emphasise that our sustainability performance is built over time and not just a 12-month period. Where it is feasible, we have provided historical data for continuing and discontinued operations, so that stakeholders have a clear view of likely impacts on the future. Selected data is represented within this PDF and a full Excel datasheet is available for download.
Inclusion of information in this report, including any discussion, analysis or assessment of “material”, “significant”, “key” or similarly described information is not an indication that we deem such information to be material to an investment decision related to our securities or important to an understanding of our business more generally. This report also contains certain forward-looking statements, including “forward-looking statements” made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. In particular, these include, among other statements, forward-looking statements relating to the Company’s future performance, goals and objectives, as well as future regulatory developments, with respect to sustainability and other environmental, social and governance matters. Such statements are often, but not always, made through the use of words or phrases such as “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “seeks”, “will,” “should,” “could” or “may” or words of similar meaning. They may involve estimates and assumptions that are subject to risks, uncertainties and other factors. These and other statements made in this report may be affected by a wide range of variables that could cause actual results and performance to differ materially from those currently anticipated, including the risk factors set forth in our Annual Report on Form 20-F filed on 30 March 2022 with the U.S. Securities and Exchange Commission (SEC).
Ernst & Young (EY) has provided assurance on selected information and key performance indicators. Throughout the report, this data is marked with the symbols RA and LA or to denote reasonable and limited assurance.
- AngloGold Ashanti, the Company or the Group refers to AngloGold Ashanti Limited
- Unless otherwise indicated, $ or dollar refers to the US dollar throughout
- All information is attributable unless otherwise specified
- Metric tonnes (t) are used throughout, and all ounces are troy ounces
- Rounding of numbers may result in computational discrepancies
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We welcome stakeholder feedback on our reporting. Should you have any comments or suggestions on this report, contact our investor relations team at email@example.com