Recognising that our future is inseperable from the global pursuit of sustainable development, Australia's minerals industry has adopted Enduring Value, the Australian Minerals Industry Framework for Sustainable Development.
Enduring Value is the centrepiece of the industry's commitment to achieving continual improvement in its environmental, social and economic performance, accountability, and ensuring that it operates in a manner that is attuned to community expectations.
Signatories to Enduring Value are committed to excellence in sustainable development performance through the implementation of the following Principles and their related elements:
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, re-use, 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.
Signatories List:AngloGold Ashanti Australia Limited Austindo Resources Corporation N.L. Barrick Gold of Australia Limited CBM Resources Pty Ltd Exxaro Australia Sands Pty Ltd Freeport-McMoran Copper & Gold Inc. Kingsgate Consolidated Limited Loy Yang Power Management Pty Ltd Pan Australian Resources Limited Providence Gold and Minerals Pty Ltd
As at 20 December 2007. |
All companies operating in the exploration, mining and minerals processing industry are invited to become a Signatory to Enduring Value - the Australian Minerals Industry Framework for Sustainable Development.
Signatories to Enduring Value commit to the progressively implementing sustainable development principles and practices, and to transparently reporting their performance to the community.