Sustainability
Sustainability
Xstrata's Sustainability Report 2008
Xstrata's Sustainability Report 2008 covers the economic, environmental and social performance of Xstrata's managed operations. The Sustainability Report provides information about Xstrata's sustainability development policies, practices and performance.
Our Approach
We are committed to the goal of sustainable development. We balance social, environmental and economic considerations in how we manage our business.
Our 2008 performance and 2009 targets
| 2008 targets | 2008 performance | 2009 targets |
|---|---|---|
| Acquired operations to achieve 65% in SD Standards audit within 24 months of acquisition | Seven out of 15 acquired sites achieved >65%. All sites to be reaudited in 2009 | All commodity businesses (CBUs) to implement the Voluntary Principles on Security and Human Rights |
| All businesses to implement a formal review process for major HSEC hazard controls by end of 2008 | All sites have implemented major hazard controls; review process in place at >90% of sites at end of 2008 | All sites to be audited against Xstrata SD Standards in 2009 (annual requirement) |
| Site closure plans to be reviewed annually | Not all closure plans were reviewed in 2008; annual reviews being implemented in 2009 | Third party risk and verification audits at all sites at least every three years |
| All managed operations to review closure plans annually |
The scorecard details our performance during 2008 against the targets we set in key areas. The results can be viewed at either a Group level or by individual commodity businesses. Our targets for 2009 are also detailed.
