ANGLO AMERICAN.
NGL0.XETRA | Mining of iron ores
Anglo American is a global mining company with a diverse portfolio of mining operations. The company's primary activities include the exploration, mining, and processing of a wide range of resources, including diamonds (through De Beers), platinum group metals, copper, iron ore, metallurgical coal, ...Show More
Better Health for All
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No evidence available to assess ANGLO AMERICAN on Better Health for All.
Fair Money & Economic Opportunity
-10
Anglo American Platinum's Zimele Loan Fund offers a fixed interest rate of 6% per annum for Supplier Business Loans.
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The company's Kumba Iron Ore’s Inclusive Procurement programme, launched in 2017, allocated $27 million to procurement with host-community businesses.
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In 2024, the company's total local procurement was $12.095 billion, representing 88% of its total procurement.
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The Impact Finance Network (IFN) provided technical assistance and matching to more than 100 companies globally, supporting close to 50,000 jobs and over $100 million of third-party capital invested.
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In 2024, Anglo American's total community and social investment was $145 million, while its pre-tax profit (corporate income tax, royalties, and other payments borne) was $2.778 billion.
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The company provides financial literacy training for youth or individuals with limited financial understanding, covering basics like setting financial priorities, personal savings, budgeting, and borrowing best practices.
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Fair Pay & Worker Respect
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No evidence available to assess ANGLO AMERICAN on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No quantitative data or specific information related to fair trade and ethical sourcing for Anglo American was found in the provided articles.
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The articles explicitly state that the content is insufficient to extract the requested data for any of the specified metrics.
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Honest & Fair Business
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Anglo American has a formal 'YourVoice' whistleblowing program, valid from November 2022, which is available 24/7 with translation services and operated by an independent third-party.
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The company prohibits retaliation against whistle-blowers and acknowledges reports within two business days, aiming to provide updates within three months.
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In 2024, the program received 1,376 reports, with 22% substantiated or partially substantiated, leading to 186 sanctions or exits.
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The company has a comprehensive 'Conducting Business with Integrity Policy' (September 2024) that prohibits bribery, facilitation payments, political donations, and anti-competitive practices, applying globally to all employees, contractors, and suppliers.
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In 2024, 96% of consolidated revenue, 90% of consolidated loss before tax, and 94% of consolidated profit before tax, special items, and remeasurements were covered by external audit.
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However, the company only plans for all assets to undergo audits against third-party standards by the end of 2025, and currently, only specific mine sites are undergoing IRMA surveillance audits, indicating limited current third-party verification of ethical claims across the entire company.
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Kind to Animals
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No evidence was found in the provided articles to assess Anglo American against any of the 'Kind to Animals' KPIs. The articles primarily focus on general sustainability, environmental performance, and biodiversity standards related to mining operations. There is no specific, measurable data related to animal welfare, cruelty-free certifications, animal testing, ethical sourcing of animal products, or measurable wildlife conservation impacts with species recovery metrics as defined by the rubric.
No War, No Weapons
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No evidence available to assess ANGLO AMERICAN on No War, No Weapons.
Planet-Friendly Business
-50
Anglo American's total Scope 1, 2, and 3 greenhouse gas emissions for 2024 were 182.2 Mt CO2e (11.6 Mt Scope 1 and 2, and 170.6 Mt Scope 3).
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The company's carbon reduction targets cannot be verified by the SBTi because the SBTi has not developed a methodology for the diversified mining sector and does not verify companies with over 5% revenue from fossil fuels, which includes steelmaking coal.
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However, the company states its targets are set and validated with a science-based process.
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The company aims for carbon neutrality across operations (Scope 1 & 2) by 2040 and to reduce Scope 3 emissions by at least 50% by 2040 against a 2020 baseline.
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In 2024, 57% of Anglo American's global grid electricity was sourced from renewables, with a target of 60% by 2025.
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The waste diversion rate was 74% in 2024.
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The company recorded zero Level 4-5 environmental incidents in 2024 but paid five significant environmental fines totaling $571,420.
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Anglo American aligns its climate-related disclosures with the TCFD framework and uses climate scenario analysis, including Wood Mackenzie Energy Transition Outlook (2.5°C), Accelerated Energy Transition (1.5°C), and IPCC's Shared Socioeconomic Pathways (SSPs), to assess strategy resilience.
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In 2024, 10-20% of water was sourced from water-stressed basins, with a 27% reduction in fresh water usage below the 2015 baseline.
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The company aligns with the Council for Inclusive Capitalism’s Just Transition Framework and contributed to the National Business Initiative's Just Energy Transition Pathways project.
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The company has a commitment to Net Positive Impact (NPI) for biodiversity by 2030 and implements Biodiversity Management Programmes at all sites.
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Respect for Cultures & Communities
-50
Anglo American has 86 pending applications to mine on Indigenous lands in the Brazilian Amazon, with 23 targeting the Sawré Muybu Indigenous Territory.
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The National Mining Agency (ANM) granted 27 permits for Anglo American to prospect for copper on Indigenous lands.
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Indigenous groups, including the Munduruku, strongly oppose mining on their lands and have publicly denounced these activities, calling for Anglo American to withdraw.
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The Munduruku Resistance Assembly, with over 200 participants from 47 villages, declared opposition to mining on their lands in December 2020.
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This strong, explicit opposition from affected communities indicates that for these operations on Indigenous lands, the company does not possess a social license to operate.
Safe & Smart Tech
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No evidence available to assess ANGLO AMERICAN on Safe & Smart Tech.
Zero Waste & Sustainable Products
-40
Anglo American has faced multiple serious environmental fines and charges. In 2024, five significant environmental fines totaling $571,420 were paid.
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Anglo American Sur in Chile is facing major fines and charges for water and wildlife protection violations at its El Soldado copper mine, including three "serious" charges with a potential fine exceeding $12.4 million and possible mine closure.
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Four charges were also filed against the Los Bronces mine with a potential fine exceeding $17.17 million.
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In 2013, a $4.5 million fine was imposed for 16 environmental regulation violations at the El Soldado copper mine, including water pollution.
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Despite these issues, the company's zero waste to landfill (ZW2L) program achieved a 99% reduction in waste sent to landfill from a 2013 baseline, with all managed operations sustaining ZW2L status for most of 2023, though some sent mixed general waste to landfill in the last quarter.
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Waste reduction initiatives include exploring the use of waste rock, tailings, and other mineral wastes for construction materials, agricultural uses, metal recovery, and carbon sequestration.
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A pilot project produced 230,000 paving blocks from tailings, and a 2023 collaboration with the University of São Paulo aims to produce topsoil from waste streams.
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The company integrates circular economy principles into its operations, encompassing reuse, redesign, sharing, repair, refurbishment, remanufacturing, and recycling.
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Recycled platinum group metals comprise 20% of platinum, 33% of palladium, and 32% of rhodium supply.
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Requirements are in place for suppliers to meet waste reduction and recyclability standards.
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Hazardous waste management is strictly regulated and controlled, with chemical waste neutralized and stabilized before treatment by licensed third-party facilities.
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However, specific timelines for the ZW2L strategy and targets are not explicitly stated.
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