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Article

13 Jul 2008

Author:
Global Compact Critics

Anglo American responds to questions about its investments in Zimbabwe

[Response by Sir Mark Moody-Stuart, chairman of Anglo American, to questions by Matthew Lee from Inner City Press] I understand that you are questioning the basis for Anglo American's investment in building a platinum mine in Zimbabwe and asking what posture a company should adopt in dealing with a government which many people regard as illegitimate...It is certainly not clear to me or the board of Anglo American that it would be a net gain for human rights if we were to [suspend the project]…At the same time…a withdrawal is in fact likely in the present circumstances to be of direct financial benefit to the government…I think the key test that a company has to apply to its operations is whether it can do business whilst continuing to observe international norms and its own business principles…