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2012 - AMBATOVY SUSTAINABILITY REPORT
Risk Management
We have always understood that in order to work in Madagascar we must be mindful of the unique social, economic
and environmental context in the areas in which we operate. Many of the impacts related to our activities are positive,
such as the creation of new jobs and industrial capacity, but there are also negative effects that necessarily
accompany mining activities, such as environmental impacts. We are committed to developing and implementing
strategies to eliminate, minimize, manage, mitigate and/or compensate for negative effects.
Ambatovy’s senior management has continued to meet regularly over the year to review the Company’s risk register,
which identifies a range of risks associated with different stakeholders, their mitigation plans and associated
effectiveness.
Stakeholder Engagement
We understand that one of the components of long-term sustainability is to promote and participate in consultation
and dialogue with stakeholders in order to solicit ideas and verify opinions. To ensure proper and appropriate
developments occur, Ambatovy is committed to proactive and continuous communication with agencies,
organizations and individuals with an interest in our work.
Ambatovy has undertaken a comprehensive suite of consultation, disclosure activities and stakeholder engagement
exercises since the beginning of our operation. In 2012, we developed a Public Consultation and Disclosure Plan, a
tool for managing communications between us and our stakeholders and for defining a systematic, effective and
culturally-appropriate approach to stakeholder engagement.
