Slide 1: Presentation to Socially Responsible Investment Analysts
PRESENTATION TO SOCIALLY RESPONSIBLE INVESTMENT ANALYSTS 5 JULY 2012
Slide 2: Agenda
AGENDA • Safety briefing • Chairman’s welcome • 2011 performance • Q&A
Slide 3: Welcome
WELCOME SIR JOHN PARKER, CHAIRMAN
Slide 4: Overview of Performance
OVERVIEW OF PERFORMANCE CYNTHIA CARROLL, CHIEF EXECUTIVE
Slide 5: 2011 Results Highlights
2011 RESULTS HIGHLIGHTS A consistent strategy and simplified organisation delivering value • Record operating profit of $11.1bn, underlying Operating profit 1 ($bn) earnings $6.1bn and underlying EPS $5.06 11.1 • Final dividend of $0.46 per share, up 15% 9.6 9.3 8.6 • Asset optimisation and supply c
Slide 6: A Challenging and Evolving Supply Landscape
A CHALLENGING AND EVOLVING SUPPLY LANDSCAPE Key risks Taxes / royalties Canada Availability of human resources Mongolia Access to infrastructure Community opposition Licensing / permitting Guinea Access to water Electricity supply USA Philippines Indonesia Brazil Peru DRC Chile Australia South Afric
Slide 7: Strategy
STRATEGY Sustainable and responsible mining is at the heart of our strategy 7
Slide 8: Safety
SAFETY Zero harm is our number one priority • Group Safety Leadership Summits in April 2011 and 2012 – Focus on leadership and accountability • Tragically, the number of people who lost their lives at our operations increased from 15 to 17, with 12 from Platinum • With the exception of Platinum, our
Slide 9: Health
HEALTH Zero harm to health during working life and in retirement • Workplace health hazards, mainly dust and noise: – Working with our suppliers to minimize health hazards from equipment – Group-wide dust and noise communication and engagement programme • Burden of disease in developing countries: –
Slide 10: Environment
ENVIRONMENT A focus on operational excellence, technology and partnership • Climate change: Carbon emissions (million tonnes) – 23% of energy now from renewable sources – ECO2MAN tool used to set new targets and create marginal abatement cost curves for every site – Carbon neutral mine study with Un
Slide 11: Resource Nationalism
RESOURCE NATIONALISM Mining experience will remain different to oil and gas, but requires careful management • Ongoing pressure from governments to see greater developmental benefits from mining • Anglo American is supportive of this desire, and believe it can best be achieved through partnerships b
Slide 12: Government Relations
GOVERNMENT RELATIONS Increasing expectations beyond business-as-usual contributions • Relationships with governments have become more Government relations planning important as resource nationalism and community activism around mining have grown • All significant countries must produce annual • Enha
Slide 13: Social Performance
SOCIAL PERFORMANCE Increasing expectations beyond business-as-usual contributions Social way compliance improves Quellaveco dialogue table • Established in context of growing conflict around mining projects in Peru • Backed by regional and national governments • Focus areas: environmental impact and
Slide 14: Human Resources
HUMAN RESOURCES Addressing the skills challenge to support our current operations and growth plans Workforce planning and labour relations Talent management and employee development • Continued pressure in certain skill areas from within • Further embedded our global capability framework our sector
Slide 15: Building Confidence in Our Industry
BUILDING CONFIDENCE IN OUR INDUSTRY Investing in telling our story, and building confidence across stakeholder groups • Global advertising campaign: – Aims to tell positive stories through the voices of our employees – Launched in all Anglo American operating geographies, customised to in-country st
Slide 16: Taking the Lead in Responsible Mining
TAKING THE LEAD IN RESPONSIBLE MINING Extensive external recognition for our safety, health, environment and community programmes Anglo American is the only mining company to have achieved platinum status in the UK’s leading benchmark of responsible business – Business in the Community’s Corporate R
Slide 17: Q&A
Q&A