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De Beers publishes Report to Society 2007

Published 06-16-08

Issued by De Beers

Summary

The report provides an overview of the contribution made by the company to national development goals & sustainable development in their different countries of operation

Report Highlights

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The De Beers Family of Companies Report to Society 2007 "Living up to Diamonds" addresses sustainability issues relevant and material to key stakeholders and is now available in various downloadable formats from www.debeersgroup.com.

The report, sub-titled "From natural resources to shared national wealth", provides an overview of the contribution made by the De Beers Family of Companies to national development goals and sustainable development in their different countries of operation. It specifically evaluates performance in the areas of economics, ethics, employees, communities and the environment and includes information from owned and managed businesses as well as joint venture partnerships with governments. The report also demonstrates accountability against external commitments and standards including the Global Reporting Initiative "G3" sustainability indicators, HIV/AIDS indicators, mining and metals sector supplement indicators, the UN Global Compact Principles and the Millennium Development Goals.

In the report, MD Gareth Penny, invites readers to let the company know whether they believe De Beers is "living up to diamonds". Please send any queries or comments about this report to Livinguptodiamonds@debeersgroup.com.

About De Beers:
De Beers, established in 1888, is the world's leading diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds.  De Beers, and its joint venture partners, operate in 25 countries across five continents employing more than 20,000 people, 17,000 of whom are based in southern Africa. From its mining operations across Botswana, Namibia, South Africa, Tanzania and Canada, De Beers produces and markets approximately 40 percent of the world's supply of rough diamonds. As part of the company's operating philosophy, the people of De Beers are committed to Living up to Diamonds by making a lasting contribution to the communities in which they live and work. De Beers encourages sustainable working to ensure long-term positive development for Africa, and returns approximately US$4.7 billion to the continent every year. For further information about De Beers visit www.debeersgroup.com

De Beers

De Beers

The De Beers Group of Companies has a leading role in the diamond exploration, diamond mining, diamond retail, diamond trading and industrial diamond manufacturing sectors.

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