Transforming for good

How should a global, diversified natural resources company respond to and prepare itself for a world that is in urgent need for solutions that can help resolve global environmental and societal challenges? How does a mining company uplift millions out of poverty and become the backbone of a country’s economic aspirations? How does a company take more than two decades of experience in turning around businesses in the metals and mining sector, imagine its next 25 years of growth ambitions?

These were the questions front-and-centre of our minds when we decided to undertake a programme to transform how we do business. What was clear, when we began discussions in early 2021, was that as we grew our business, we had to simultaneously become partners to the world when it came to address issues such as the climate crisis, water stress, biodiversity loss, equity, inclusion, human rights and social development. In other words, we had to align our vision to that of the UN’s Sustainable Development Goals (UN SDGs).

What emerged at the end of these discussions was our desire to go far beyond ‘Transforming Elements’ to ‘Transforming for good’. This one statement encapsulates our ambition to embed ESG-thinking into every business decision we take. The pages that follow outline our ambition and invite you – our stakeholder – to become partners in this journey.