| 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 veriļ¬cation audits at all sites at least every three years |
| All managed operations to review closure plans annually |
Sustainability website
Sustainability Report 2008
Xstrata's Sustainability Report 2008 covers the economic, environmental and social performance of Xstrata's managed operations for the 12-month period from 1 January to 31 December 2008. The Sustainability Report provides information about Xstrata's sustainability development policies, practices and performance.
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Commodity Business , Divisional and Site Sustainability Reports
Copper has published 11 project and divisional reports to cover its global operations.
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Chief Executive's Report
The operating environment for the mining sector underwent a dramatic upheaval in 2008. Strong demand for our products, robust prices and significant competition for people, equipment and key inputs experienced for the majority of the year rapidly deteriorated in the third quarter, as the financial crisis resulted in a global economic recession almost unparalleled in modern times.
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Xstrata plc publicly supports the Extractive Industries Transparency Initiative (EITI).