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New BSR Report Evaluates Anglo American's Socio-Economic Assessment Toolkit
New BSR Report Evaluates Anglo American's Socio-Economic Assessment Toolkit
Published 11-07-07
Submitted by BSR
SAN FRANCISCO, CA - November 6, 2007 - Business for Social Responsibility (BSR) has published a public report detailing findings of its independent third-party evaluation of Anglo American plc's Socio-Economic Assessment Toolbox (SEAT).
Launched in 2003, SEAT has been implemented at more than 55 Anglo American operations globally and more than 350 personnel have been trained on its usage. BSR was commissioned by Anglo American to determine the impact of SEAT implementation on stakeholder relationships, internal management of social issues and on community development initiatives.
BSR compared SEAT to analogous processes at Anglo American's peers in mining, as well as to relevant industry and external voluntary norms and standards, to assess Anglo American's efforts to align SEAT with leading international practices. The organization conducted nearly 75 interviews with approximately 200 people including academics, local and regional governments, host community members, implementing partners and industry groups. BSR staff members also traveled to Anglo American operations in Chile (Chagres and El Soldado) and South Africa (Anglo Coal's Isibonelo and New Denmark sites), as well as to Mondi Business Paper’s Mkhondo Forestry Operation.
BSR assessed the results of the interviews and synthesized its findings into a set of recommendations for Anglo American to enhance future implementation of SEAT. Separately, BSR also produced a public report. Among its key conclusions, BSR noted the following:
"Overall we believe the updated version of SEAT, which addresses many of the findings that emerged over the course of BSR's assessment, will continue to enable Anglo American to make a strong contribution to sustainable development," said Doug Bannerman, project manager at BSR. "We are pleased, for instance, that SEAT has become a mandatory internal company process -- a decision that more strongly reflects Anglo’s commitment to managing the company's social and economic impacts at the local level."
"We applaud the announcement by Anglo American CEO Cynthia Carroll at BSR’s Annual Conference that the company will share its method and key learnings with others by making SEAT available on its website," added Aron Cramer, BSR president and CEO. "This decision represents transparency with a purpose: to make a significant contribution by enabling other companies "“ regardless of sector "“ to achieve more positive stakeholder relationships, more effective management of social issues, and better community development impacts."
BSR’s evaluation report is available online at www.bsr.org/reports/SEAT_Public_Evaluation.pdf. The SEAT manual, as well as reports from more than a dozen Anglo operations, can be downloaded from the Anglo American website at http://www.angloamerican.co.uk/cr/socialresponsibilty/seat/.
About BSR
Since 1992, Business for Social Responsibility (BSR) has been providing socially responsible business solutions to many of the world’s leading corporations. Headquartered in San Francisco and with offices in Europe, China and Hong Kong, BSR is a nonprofit business association that serves its 250 member companies and other Global 1000 enterprises. Through advisory services, convenings and research, BSR works with corporations and concerned stakeholders of all types to create a more just and sustainable global economy. For more information, visit www.bsr.org.
About Anglo American
Anglo American is one of the world's largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in platinum group metals and diamonds, with significant interests in coal, base and ferrous metals, and industrial minerals. The Group is geographically diverse, with operations in Africa, Europe, South and North America, Australia and Asia. For more information, visit www.angloamerican.co.uk.
BSR
BSR
Since 1992, Business for Social Responsibility (BSR) has been providing socially responsible business solutions to many of the world's leading corporations. Headquartered in San Francisco, with offices in Europe and China, BSR is a nonprofit business association that serves its 250 member companies and other Global 1000 enterprises. Through advisory services, convenings and research, BSR works with corporations and concerned stakeholders of all types to create a more just and sustainable global economy. For more information, visit www.bsr.org.
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