2010
          
        
        
          AMBATOVY SUSTAINABILITY REPORT
        
        
          55
        
        
          Text Annex 1: Major Stakeholders by Group
        
        
          
            Local Communities
          
        
        
          The support, cooperation and well-being of the local
        
        
          communities in which we operate are at the heart of
        
        
          Ambatovy’s stakeholder engagement policy. We understand
        
        
          that the individuals who make up these communities are the
        
        
          very people who can be most impacted by the Project and
        
        
          they are therefore important to us. The communities around
        
        
          our sites are represented by individuals, leaders and local
        
        
          associations and our interactions take on a variety of forms.
        
        
          For example, we meet regularly with the
        
        
          
            tangalamena
          
        
        
          , or
        
        
          local elders, from project-affected communities. Our CSR
        
        
          field agents conduct regular visits to Project-Affected Persons
        
        
          (PAPs), particularly those from the resettlement villages.
        
        
          In 2010, we initiated steps to work with local and regional
        
        
          coordination committees in Moramanga and Toamasina,
        
        
          which are comprised of local authorities and community
        
        
          leaders.
        
        
          
            Civil Society
          
        
        
          Ambatovy is pleased to partner with a number of civil society
        
        
          organizations to build strong community relations and
        
        
          support the development of the communities in which we
        
        
          work. These organizations may receive technical or financial
        
        
          assistance, provide technical expertise or facilitate effective
        
        
          communication with local communities. See Annex 2 for a
        
        
          complete list of these partners.
        
        
          
            Government and Regulatory Bodies
          
        
        
          Compliance with regulatory requirements and best practices
        
        
          in the mining sector is fundamental to success. We strive
        
        
          to have an open and transparent relationship with the
        
        
          Government of Madagascar and the regulatory bodies that
        
        
          oversee our construction and operations. We meet with
        
        
          relevant ministries and authorities on national, regional and
        
        
          local levels. For example, we regularly meet  with and report
        
        
          to the National Environment Office (ONE) and the Large-
        
        
          Scale Mining Investments Committee. In addition, we consult
        
        
          mayors and other local representatives of the communities
        
        
          where we work. Finally, we work in cooperation with
        
        
          international voluntary oversight bodies, such as the Business
        
        
          Biodiversity Offsets Program (BBOP) and the Extractive
        
        
          Industries Transparency Initiative (EITI).
        
        
          
            Media
          
        
        
          We recognize the importance of disseminating clear and
        
        
          timely information about our activities. We endeavour to
        
        
          be open and consistent with the media, providing accurate
        
        
          information both nationally and internationally. We work
        
        
          with local media outlets to ensure transparent, effective
        
        
          and widespread communication. To cite one important
        
        
          example, we have worked with the media to communicate
        
        
          safety procedures around Project sites to the general
        
        
          public. Ambatovy also regularly issues press releases and
        
        
          newsletters and offers tours to foreign and national journalists.
        
        
          
            Financial Community
          
        
        
          The financial community plays an integral role in supporting
        
        
          our operation. Critical financial stakeholders include the
        
        
          Project partners and lending institutions. Ambatovy received
        
        
          the largest-ever project financing in sub-Saharan Africa,
        
        
          involving a consortium of 14 lenders. This consortium is
        
        
          comprised of government-sponsored export credit agencies,
        
        
          international development and commercial banks. In addition,
        
        
          we communicate through the Project partners to financial
        
        
          and industry analysts who assess commodity markets. We
        
        
          communicate with these stakeholders through a number of
        
        
          channels, such as quarterly releases, regular meetings and
        
        
          conference calls.
        
        
          
            Business Community
          
        
        
          Ambatovy is a member of a supply chain and our suppliers
        
        
          and customers are integral stakeholders. While our suppliers
        
        
          come from around the world, as a part of our commitment to
        
        
          the sustainable development of Madagascar, we endeavour
        
        
          to select local producers and suppliers whenever possible.
        
        
          ALBI sources from and offers technical support to local
        
        
          enterprises. This has resulted in local enterprises supplying a
        
        
          range of goods, such as employee uniforms, cafeteria produce
        
        
          and pallets for product transportation. Finally, we engage
        
        
          regularly with the business community in Madagascar. We
        
        
          are a member of the Chamber of Mines of Madagascar as
        
        
          well as the Madagascar Business Association 
        
        
        
        
        
          
             GEM
          
        
        
          ) and the Madagascar
        
        
          Industries Union 
        
        
        
        
          
            , SIM
          
        
        
          ).
        
        
          
            Workforce and Contractors
          
        
        
          Ambatovy is committed to maximizing national employment
        
        
          and developing a skilled local workforce. Thousands
        
        
          of Malagasy employees at the Project have received
        
        
          construction, technical and administrative training. Investing in
        
        
          such programs ensures that they will be able to assume roles
        
        
          with increased responsibilities during the operations phase.
        
        
          The partnerships we maintain with local technical schools
        
        
          assure capacity-building for the Project workforce and also for
        
        
          the wider local population. Furthermore, Ambatovy employees
        
        
          are held to a code of conduct that governs behaviour both
        
        
          on and off the worksite to promote a positive impact from the
        
        
          interaction of our staff with local communities.
        
        
          
            2010
          
        
        
          AMBATOVY SUSTAINABILITY REPORT