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presentation / webcast

Xstrata plc launches new Sustainable Development Framework

31 March 2008

In 2007, a comprehensive internal and external review was undertaken of Xstrata’s policies, standards and procedures relating to sustainable development. The new Sustainable Development Framework was approved by the Board at the end of 2007 and is being rolled out throughout the Group. The revised framework draws on leading practice across a range of industry sectors and comprises the following documents:

Business Principles – Xstrata’s Business Principles set out the ethical framework for our activities globally and are provided in the 15 languages spoken by our employees and contractors
Sustainable Development Policy – Xstrata’s SD policy comprises our commitments in the areas of health, safety, environment, community and to our people
Sustainable Development Standards – Xstrata’s 17 Sustainable Development Standards set out performance expectations for all managed operations

Xstrata’s Sustainable Development Framework has been mapped to international standards including the ICMM and UN Global Compact principles, Voluntary Principles on Security and Human Rights, ISO14001 and OHSAS18001. The framework is supported by Xstrata’s independent Sustainable Development Assurance Programme. Every managed operation and project is independently audited through this programme against Xstrata’s Business Principles, SD policy and 17 standards at least every three years, based on risk.