Anglo American plc (the “Company”)
Registered office: 17 Charterhouse Street, London EC1N 6RA
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

31 October 2022

Anglo American updates on carbon neutrality, biodiversity and responsible mining assurance

Anglo American plc (“Anglo American”) is today presenting its twice-yearly sustainability performance
update, including in relation to decarbonisation, net positive biodiversity and progress towards assuring
all operations against recognised responsible mining standards.

Duncan Wanblad, Chief Executive of Anglo American, said: “There is growing awareness of the centrality
of mining to enabling the energy transition and the contribution we can make to a more sustainable
future. Recognising that many of the metals and minerals we produce are critical to the technologies
required to decarbonise the world’s energy and transport systems, our commitment to being part of the
solution to climate change begins in our own business by meeting our emissions reduction and carbon
neutrality goals. All the while, we know we also have a role to play to support host countries and
communities in terms of skills, jobs and new fields of economic opportunity that are emerging. This
transition must include all of society – it must be “Just”.

“As a further commitment to our holistic set of sustainability ambitions, we put in place our Sustainability
Financing Framework in recent months, meaningfully linking certain of our funding requirements to the
stretching sustainability objectives we have set for our business. Within that framework we issued our
first sustainability-linked bond, including performance targets to reduce greenhouse gas emissions and
fresh water abstraction, and to support job creation in host communities – a first of its kind for the mining
sector.”


Emissions reduction – progressing towards carbon neutral operations by 2040

Anglo American set a target in 2018 to reduce GHG emissions by 30% by 2030, on our pathway to
achieving carbon neutrality across our operations by 2040. On-site energy requirements are the largest
source of our operational emissions and we are making good progress towards their abatement. By 2023,
all our South America operations will have 100% renewable electricity supply and, for southern Africa,
we have partnered with EDF Renewables to develop 3-5 GW of clean generation capacity, which is
expected to meet Anglo American's operational power requirements and support the resilience of local
electricity supply systems. We have also set an ambition to reduce our scope 3 emissions by 50% by 2040,
including by forming a number of partnerships with major steel customers to work together to unlock
clean steelmaking technologies.


Biodiversity – delivering net positive impact

Anglo American’s Sustainable Mining Plan commits us to achieving a net positive impact on biodiversity
across our managed operations. We have completed detailed baseline assessments, defining significant
biodiversity features to protect and further restore, including key habitats and species and important
Anglo American plc
17 Charterhouse Street, London, EC1N 6RA, United Kingdom
Registered office as above. Incorporated in England and Wales under the Companies Act 1985.
Registered Number: 3564138 Legal Entity Identifier: 549300S9XF92D1X8ME43
ecosystems. We are investing in innovative technologies and nature-based solutions to mitigate climate
change impacts and water scarcity, and to nurture wildlife habitats, with biodiversity management plans
for each site being integrated into our life of asset plans.




Responsible mining – assuring all our operations against recognised standards

Anglo American has been engaging to develop responsible mining standards since 2005. Our Sustainable
Mining Plan commits us to assuring all our sites against recognised responsible mining standards by 2025
and we are on track to meet that goal. We are increasingly finding that our most important customers
are those whose own values and aspirations align with those of Anglo American, attributing value not
only to the physical characteristics of the products we sell, but also to the ethical approach and
commitments of those who produce them.


Mr Wanblad added: “The world we are living in is changing in so many ways, not least in society’s
expectations of businesses across many industries. We have set up Anglo American to be resilient,
disciplined, opportunistic – and responsible. We have the people, the assets and the capabilities to deliver
sustainable returns over the long term. It is incumbent on us to deliver the metals and minerals the world
so urgently needs in the cleanest and most socially responsible way possible.”


Today’s Sustainability Performance presentation will be available on the Anglo American website
www.angloamerican.com at 12.30pm UK time, with the presentation itself starting at 1.30pm UK time.
A full recording will be available following the presentation at:
www.angloamerican.com/investors/investor-presentations.

The Company has a primary listing on the Main Market of the London Stock Exchange and secondary
listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock Exchange
and the SIX Swiss Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:

 Media                                                         Investors

 UK                                                            UK
 James Wyatt-Tilby                                             Paul Galloway
 james.wyatt-tilby@angloamerican.com                           paul.galloway@angloamerican.com
 Tel: +44 (0)20 7968 8759                                      Tel: +44 (0)20 7968 8718

 Marcelo Esquivel                                              Emma Waterworth
 marcelo.esquivel@angloamerican.com                            Emma.waterworth@angloamerican.com
 Tel: +44 (0)20 7968 8891                                      Tel: +44 (0) 20 7968 8574

 South Africa                                                  Michelle Jarman
 Nevashnee Naicker                                             michelle.jarman@angloamerican.com
 nevashnee.naicker@angloamerican.com                           Tel: +44 (0)20 7968 1494
 Tel: +27 (0)11 638 3189

 Sibusiso Tshabalala
 sibusiso.tshabalala@angloamerican.com
 Tel: +27 (0)11 638 2175



Notes to editors:
Anglo American is a leading global mining company and our products are the essential ingredients in
almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad
range of future development options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions
of consumers. With our people at the heart of our business, we use innovative practices and the latest
technologies to discover new resources and to mine, process, move and market our products to our
customers – safely and sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium
quality iron ore and steelmaking coal, and nickel – with crop nutrients in development – we are
committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining
Plan commits us to a series of stretching goals to ensure we work towards a healthy environment,
creating thriving communities and building trust as a corporate leader. We work together with our
business partners and diverse stakeholders to unlock enduring value from precious natural resources for
the benefit of the communities and countries in which we operate, for society as a whole, and for our
shareholders. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com




Forward-looking statements:
This document includes forward-looking statements. All statements other than statements of historical facts included
in this document, including, without limitation, those regarding Anglo American’s financial position, business,
acquisition and divestment strategy, dividend policy, plans and objectives of management for future operations
(including development plans and objectives relating to Anglo American’s products, production forecasts and Ore
Reserve and Mineral Resource positions) and environmental, social and corporate governance goals and aspirations,
are forward-looking statements. By their nature, such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance or achievements of Anglo American
or industry results to be materially different from any future results, performance or achievements expressed or
implied by such forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding Anglo American’s present and
future business strategies and the environment in which Anglo American will operate in the future. Important factors
that could cause Anglo American’s actual results, performance or achievements to differ materially from those in the
forward-looking statements include, among others, levels of actual production during any period, levels of global
demand and commodity market prices, mineral resource exploration and development capabilities, recovery rates
and other operational capabilities, safety, health or environmental incidents, the effects of global pandemics and
outbreaks of infectious diseases, the outcome of litigation or regulatory proceedings, the availability of mining and
processing equipment, the ability to produce and transport products profitably, the availability of transport
infrastructure, the impact of foreign currency exchange rates on market prices and operating costs, the availability
of sufficient credit, the effects of inflation, political uncertainty and economic conditions in relevant areas of the
world, the actions of competitors, activities by courts, regulators and governmental authorities such as in relation to
permitting or forcing closure of mines and ceasing of operations or maintenance of Anglo American’s assets and
changes in taxation or safety, health, environmental or other types of regulation in the countries where Anglo
American operates, conflicts over land and resource ownership rights and such other risk factors identified in Anglo
American’s most recent Annual Report. Forward-looking statements should, therefore, be construed in light of such
risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking
statements speak only as of the date of this document. Anglo American expressly disclaims any obligation or
undertaking (except as required by applicable law, the City Code on Takeovers and Mergers, the UK Listing Rules, the
Disclosure and Transparency Rules of the Financial Conduct Authority, the Listings Requirements of the securities
exchange of the JSE Limited in South Africa, the SIX Swiss Exchange, the Botswana Stock Exchange and the Namibian
Stock Exchange and any other applicable regulations) to release publicly any updates or revisions to any forward-
looking statement contained herein to reflect any change in Anglo American’s expectations with regard thereto or
any change in events, conditions or circumstances on which any such statement is based.

Nothing in this document should be interpreted to mean that future earnings per share of Anglo American will
necessarily match or exceed its historical published earnings per share. Certain statistical and other information
about Anglo American included in this document is sourced from publicly available third party sources. As such it has
not been independently verified and presents the views of those third parties, but may not necessarily correspond
to the views held by Anglo American and Anglo American expressly disclaims any responsibility for, or liability in
respect of, such information.

Legal Entity Identifier: 549300S9XF92D1X8ME43