Embracing Sustainability:
AMMAN’s Path to Responsible Mining
Amid the escalating global focus on sustainable practices, AMMAN takes immense pride as a proponent of responsible mining operations. As AMMAN navigates the ever-evolving practice of responsible mining, AMMAN’s commitment remains steadfast, guided by its Sustainability Strategy Framework.
AMMAN’s 2022 Sustainability Report invites you to explore the achievements through collaborative responsible mining practices spirit, contributing to a brighter and more sustainable future creating a legacy of best.
AMMAN’s Sustainability Strategy Framework
AMMAN acknowledges the importance of integrating sustainability into its business practices and operations to secure long-term stakeholder value. One important step in this process is translating AMMAN’s list of material topics into a sustainability strategy framework. In doing so, the company aims to develop a comprehensive and integrated approach to sustainability that reflects the interests of its stakeholders and the unique challenges of its business. AMMAN remains steadfast in developing and implementing a sustainability strategy that is aligned with its values, mission, and long-term vision.
In developing AMMAN’s Sustainability Strategy Framework, the company categorized its material topics into four ‘Sustainability Pillars’: Advancing People, Preserving the Environment, Managing Resources, and Upholding Ethics.
In addition to these Pillars and our material topics, AMMAN has also identified ‘Key Enablers,’ namely Leadership, Commitment, Communications, Resources, and Demonstration of Impact and Commercial Values. These ‘Key Enablers’ represent internal and external factors that support the implementation and success of its sustainability programs and initiatives. They aim to facilitate the adoption of sustainable practices, enhance performance, and create value for their stakeholders.
AMMAN’s Sustainability Strategy Framework is illustrated below.
Advancing
People
Preserving
Environment
Managing
Resources
Upholding
Ethics
Advancing People
AMMAN believes that its people are the company’s most valuable resource and that AMMAN’s success is closely tied to the well-being and development of the company’s surrounding communities. AMMAN understands that its operations can significantly impact the livelihoods of its employees and the surrounding communities in which the company operates.
Through its focus on labour and human capital development and health and safety, AMMAN seeks to provide employees with a safe and supportive working environment where they can develop the skills and knowledge needed to grow their careers. Under this Pillar, AMMAN is also committed to upholding human rights in all operations and supply chains. AMMAN sees it as a responsibility to respect and safeguard the workforce’s and surrounding communities’ rights. Furthermore, AMMAN believes that community development is key to the long-term sustainability of its business. AMMAN work closely with local communities to identify and address their needs, investing in programs that support education, health, and economic development. Under this Pillar, AMMAN aims to ensure that its journey in sustainability integration is inclusive.
Managing Resources
‘Managing Resources’ represents AMMAN’s commitment to improving the efficiency of its natural resource utilization throughout the different stages of operations. This also includes AMMAN’s efforts in ensuring sustainable and responsible mine closures.
Energy is a critical resource essential to operations, and AMMAN is determined to reduce its carbon footprint by implementing programs and initiatives to improve energy efficiency. In addition, AMMAN prioritizes responsible water management practices to ensure that the company minimizes water consumption and reduces the impact on water resources. Amman Mineral also responsibly manages waste and hazardous materials, adopting best practices to minimize their environmental impact and ensure safe handling and disposal. Finally, AMMAN plans for sustainable mine closure, recognizing the responsibility to restore the land and support the long-term well-being of local communities after the closure of its operations.
Upholding Ethics
‘Upholding Ethics’ is a critical aspect of AMMAN’s commitment to ethically, responsibly, and transparently operating the business. The company is committed to upholding the highest ethical standards in all aspects of operations.
Through AMMAN’s corporate governance, compliance, and transparency, it strives to maintain an ethical, transparent, and accountable corporate culture. AMMAN implements policies and procedures that support ethical conduct and regularly reviews and updates its corporate governance practices and risk management processes to ensure that they align with best practices.
AMMAN’s stakeholders and entities within its value chain significantly impact the business. Therefore, through AMMAN’s stakeholder and supply chain management initiatives, the company engages with them openly and transparently to ensure that they implement and uphold the same standards and principles that the company does.
AMMAN believes that upholding high ethical standards can build trust with stakeholders and drive continuous improvement in operations.
ESG Steering Committee
AMMAN established an Environmental, Social, and Governance (ESG) Steering Committee to assist the Board of Directors in overseeing the Company’s ESG and Sustainability strategy, policies, performance standards, guidelines, systems, and objectives for various ESG aspects, including Environment, Occupational Health & Safety, Employment, Human Rights, Stakeholder Engagement, Community Development, Social Impact, Responsible Supply Chain, and Corporate Governance. This Committee also monitors and reviews the implementation of the ESG and Sustainability for all ESG aspects.
Enterprise Risk Management Committee
An Enterprise Risk Management Committee is also established by AMMAN to assist the Board of Directors in overseeing the company’s enterprise risk management strategy, policies, performance standards, guidelines, systems, and objectives for various risk categories, including Occupational Health & Safety, Security, Environment, Community, External Relations, ESG & Sustainability, Permitting & Regulatory Compliance, Reputation, Production & Quality, Supply Chain, Business
Continuity, Crisis Management, Project Development & Execution, Human Capital, Cyber-Security, Sales & Marketing, and Financial Performance. This Committee also monitors and reviews the implementation of the risk management framework for all risk categories.
