Our Stakeholders
Key stakeholders are generally identified as people who are adversely or positively impacted by our operations, those who have an interest in what we do, or those who have an influence on what we do.
Our HSEC Management Standard 7 requires that 'Effective, transparent and open communication and consultation is maintained with stakeholders associated with Company activities. Stakeholders are encouraged to participate in and contribute to sustainable development through HSEC performance improvement initiatives.'
We require the identification and consideration of stakeholders, their expectations and their concerns for all operational activities, across the life cycle of operations. Importantly, we also require sites to specifically consider any minority groups (such as indigenous groups), and any social and cultural differences that may be critical to stakeholder engagement.
A regular review process is also a central requirement of stakeholder identification, to ensure that all appropriate groups and individuals are effectively identified and suitably engaged.
Our key stakeholders are many and varied and include:
- some 38,000 employees and 66,000 contractors
- local and Indigenous communities, most of which are located in rural and remote areas neighbouring our operations
- a diverse shareholder base
- customers, typically other large organisations
- the global investment community, both mainstream financial analysts and Socially Responsible Investment (SRI) analysts
- business partners, including those organisations with which we have joint ventures
- community organisations that represent local and indigenous communities near our operations
- unions who are concerned about upholding workers' rights and interests
- non-government organisations
- suppliers that range from businesses local to our operations to large international companies
- governments – local, national and international
- members of the media
- industry associations, including commodity-specific and sector-specific associations at national and international levels.
For each of the above groups, we have endeavoured to present who they are, their interests and concerns, and the key mechanisms we use to engage them in dialogue.
