Enduring Value

Enduring Value - the Australian Minerals Industry Framework for Sustainable Development:

aligns with global industry initiatives, and in particular provides critical guidance on the International Council on Mining and Metals (ICMM) Sustainable Development Framework Principles and their application at the operational level;
builds on the Australian Minerals Industry Code for Environmental Management - the platform for industry's continual improvement in managing environmental issues since its introduction in 1996;
provides a vehicle for industry differentiation and leadership, building reputational capital with the community, government and the finance and insurance sectors; and
assists the industry to operate in a manner which is attuned to the expectations of the community, and which seeks to maximise the long-term benefits to society that can be achieved through the effective management of Australia's natural resources.

What is Sustainable Development?

The Brundtland Commission's definition of sustainable development is "development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (Our Common Future, Brundtland 1987).

In the mining and metals sector, this means that investments in minerals projects should be financially profitable, technically appropriate, environmentally sound and socially responsible.

The future of the Australian minerals industry is inseparable from the global pursuit of sustainable development. Through the integration of economic progress, responsible social development and effective environmental management, the industry is committed to contributing to the sustained growth and prosperity of current and future generations.

To give practical effect to the industry's commitment to sustainable development, the Australian minerals industry has developed Enduring Value - the Australian Minerals Industry Framework for Sustainable Development.

Latest Documents

Speech to the India-Australia Coal and Mining Forum
Presented by Melanie Stutsel, Director - Environmental and Social Policy
New Delhi, India - 1 February 2006