Published on 16th October 2008
JOHANNESBURG (miningweekly.com) - Four of the five top rankings in Ernst & Young’s excellence in sustainability reporting survey, which was released on Thursday, went to companies in the resources sector.
Platinum producer Anglo Platinum, and synfuel producer Sasol shared this year’s top honours, followed by diversified miner BHP Billiton, gold producer Anglogold Ashanti, and financial service provider Standard Bank.
Ernst & Young associate director Jayne Mammatt said the tendency for resources to outperform other sectors was probably attributable to the fact that sustainability reporting evolved from environmental reporting.
“Resources companies are perceived as having a greater impact on the environment and, hence, focused efforts on this type of reporting long before other sectors. This could be a reflection of maturity, more than a reflection of the willingness to report,” she said.
Platinum producer Anglo Platinum, and synfuel producer Sasol shared this year’s top honours, followed by diversified miner BHP Billiton, gold producer Anglogold Ashanti, and financial service provider Standard Bank.
Ernst & Young associate director Jayne Mammatt said the tendency for resources to outperform other sectors was probably attributable to the fact that sustainability reporting evolved from environmental reporting.
“Resources companies are perceived as having a greater impact on the environment and, hence, focused efforts on this type of reporting long before other sectors. This could be a reflection of maturity, more than a reflection of the willingness to report,” she said.
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