Diversified miner Anglo American CE Mark Cutifani has called for a society-wide response to the global Covid-19 crisis and says the miner is committed to global tax and the Extractive Industries Transparency Initiative (EITI).
In its Tax and Economic Contribution report for the year ended December 31, 2019, Cutifani says the company remains resilient and highly competitive and is maintaining strict capital discipline, while continuing to unlock significant further potential.
"As the chief executive of a company with a longstanding reputation of positively contributing to the international debate around society’s most pressing issues, I appreciate that much of the talk in the current Covid-19 crisis is, quite rightly, about resilience. It is also clear to me that the response has to be about society as a whole, not just its individual components," he comments in the report.
He further states that corporate leaders must achieve a balance between ensuring the business is safe for employees and communities, while continuing to generate incomes for the workforce, economic activity for host communities, and the revenues that support the fiscus in host countries.