2010
AMBATOVY SUSTAINABILITY REPORT
10
B3. Organizational Approach to Sustainability
B3.1 Guiding Principles
Ambatovy’s Vision
The Ambatovy partners have developed and will operate
a sustainable nickel and cobalt mining and processing
facility that significantly contributes to Madagascar, delivers
outstanding safety, environmental and social records, and
generates attractive economic returns.
Ambatovy’s Corporate Values
Health and Safety
To create and maintain an organizational culture that holds
health and safety as a top priority with a goal of zero harm to
all personnel and host communities.
Environmental Responsibility
To establish mutually beneficial stakeholder partnerships
that respect social and cultural values and contribute to
sustainable economic development while avoiding, minimizing
and mitigating environmental impact in areas of operation.
Stakeholder Alignment and Support
To recognize Ambatovy’s stakeholders, communicate with
them proactively and effectively, and manage stakeholder-
related risks as a means of cultivating a broad level of public
support.
Good Corporate Governance
To foster credibility and trust by complying with principles
developed to protect investors, employees and the general
public.
Honesty and Integrity
To establish and maintain high ethical standards and
transparency in all of Ambatovy’s activities.
Teamwork
To achieve Ambatovy’s vision through teamwork that is based
on mutual respect, trust and constructive relationships.
Continuous Improvement
To strive for continuous improvement in performance.
Project Delivery
To complete construction in a safe, timely and financially
sound manner, and ensure that Ambatovy meets production
targets once operational.
Creation and Sustainability of Shareholder Value
To generate significant returns for shareholders.
Ambatovy’s goal is to deliver outstanding safety, environmental, social and economic results. Protecting the interests of
our employees, local communities, shareholders, partners and lenders is foremost in our efforts. We are also committed to
respecting human rights and the cultures, customs and values of those affected by the Project’s activities.
Our approach to governance is focused on ensuring transparency, sustainability and responsible operating practices.
By nurturing public trust and participation and demonstrating good governance through our behaviour, Ambatovy strives to
establish and maintain a firm foundation for long-term sustainability in Madagascar.
We are focused on good relationships and conduct systematic stakeholder engagement. We are also committed to
participating in external governance initiatives, such as the EITI. Ambatovy is thus able to present stakeholders with a
detailed picture of our activities, thereby contributing to an accurate understanding of the Project.
Ambatovy is committed as well to meeting or exceeding mandatory and voluntary standards, including national and
international compliance requirements. In addition, we strive to implement international best practices. As we prepare
to enter into the operations phase, Ambatovy is working toward improving internal coordination and synergies between
departments to advance sustainability.
