AAMEG members recognise that the key challenges associated with investing in the countries of Africa relate to governance, capacity building, human rights, social and environmental issues. In supporting its members, AAMEG has chosen a set of documents, listed below, which provide internationally recognised Guiding Principles for responsible business conduct, appropriate for Australian mining and service companies in the context of operating in African countries.
AAMEG members are expected to abide by and commit to embedding these principles into the cultures of their companies.
The selected set of Guiding Documentation may be added to or updated as standards and expectations evolve. In time, AAMEG will seek identification with and recognition from other relevant international bodies.
African Mining Vision
African Mining Vision (2009)
This is a pathway, formulated by African nations themselves, that puts the continent’s long term and broad development objectives at the heart of all policy making concerned with mineral extraction.
African Mining Vision Action Plan (2011)
This provides the roadmap for implementing the AMV in the future.
Guiding principles for Business and Human Rights (2011)
The Guiding principles for Business and Human Rights are a global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity.
Voluntary Principles on Security and Human Rights (2000)
The Voluntary Principles on Security and Human Rights is a multi-stakeholder initiative involving governments, companies, and non-governmental organizations that promotes implementation of a set of principles that guide oil, gas, and mining companies on providing security for their operations in a manner that respects human rights.
Anti-Bribery & Corruption
UN Convention against Corruption (2004)
This is a multilateral convention negotiated by members of the United Nations. It is the first global legally binding international anti-corruption instrument.
Corporate Governance & Ethical Business
Social Responsibility in the Mining and Metals Sector in Developing Countries (2011)
This handbook outlines the key considerations for socially responsible mining development.
OECD Guidelines for Mutlinational Enterprises (2011)
The OECD Guidelines are recommendations providing principles and standards for responsible business conduct for multinational corporations operating in or from countries adhered to the Declaration.
OECD Risk Awareness Tool (2006)
This addresses risks and ethical dilemmas that companies are likely to face in such weak governance zones.
Equator Principles (2013)
The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.
The Extractive Industries Transparency Initiative Standard (2013)
The Extractive Industries Transparency Initiative (EITI) is a global coalition of governments, companies and civil society working together to improve openness and accountable management of revenues from natural resources.