2013 Sustainability Report - Ambatovy
Risk Management
Understanding and managing risks to the business
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 potential negative effects, such as environmental impacts, that may accompany mining activities. We are committed to
developing and implementing strategies to eliminate, minimize, manage, mitigate and/or compensate for negative effects.
Ambatovy senior employees continued to meet regularly over the year to review its risk register, which identifies a range of risks
associated with different stakeholders, their mitigation plans and associated effectiveness.
Industrial Risk Management
Ambatovy continued to participate in and support the Regional Industrial Risks Management Committee’s initiatives, working
in close coordination with the National Office for the Management of Disasters and Catastrophes (BNGRC) and the French
Cooperation Program to facilitate the mobilization of international and national experts to further develop the regional authorities’
emergency response plans. Ambatovy also continued to test and provide training for its own emergency response and crisis
management plans.
In 2013, the United Nations Environmental Program, the Office for the Commission of Humanitarian Affairs and the BNGRC
conducted a risk assessment at Ambatovy to formalize the UN Awareness and Preparedness of Emergencies at the Local Level
(APELL) program. The APELL program focuses on building institutional capacities and capabilities at the regional level. Their
report, including recommendations, is under review.
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