Anglo American Platinum Limited |
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Relationship with Anglo American
The Anglo American Group (AAplc) is our majority shareholder and holds 79.7% of Anglo American Platinum Limited (Amplats). Anglo American sets business policy and performance standards to which we conform. These policies and performance standards have been developed by AAplc to meet its many sustainable development obligations. AAplc is, among other things, a signatory to the Global Compact, a member of the International Council on Mining & Metals (ICMM) and a signatory to the Voluntary Principles on Security and Human Rights.
At Amplats we have aligned our sustainable development-related policies and management systems fully with those of AAplc; and report internally on our performance at prescribed periods. Implementation of the AAplc policies is confirmed from time to time via peer-reviews and internal and external audits. The diagram below is an illustration of the hierarchy of AAplc policies and documents; and of the ways in which these obligations interrelate with Amplats’s policies, procedures and guidelines.
Aplc is a member of the ICMM and therefore needs to meet the ICMM’s sustainable development reporting and assurance requirements. Although Amplats does not specifically have to meet these requirements, a set of ICMM principles is provided in the GRI indicator.
