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ARMís approach to sustainable development arises out of our business strategy and the ďWe do it betterĒ management style that guides our day-to-day actions. Our business strategy relies heavily on ensuring operational efficiencies with the goal that all operations are to perform below the 50th percentile of the global cost curve.
ARMís sustainable development model was developed from the ARM strategy to help us integrate sustainability into our business. It is a graphic representation reflecting the interrelatedness of economic, environmental and social considerations in generating economic value for shareholders and broad social benefit for all stakeholders. Our business operates within an enabling framework of good corporate governance and risk management that is supported by our combined assurance model. This framework helps to improve the integrity of the management, monitoring and reporting of our sustainable development data. It also supports continual improvement in our sustainability reporting and the deeper integration of sustainability into our risk management system Sustainable development model and operational processes by identifying areas for improvement.
A detailed Sustainability Review has been published in our 2016 integrated annual report.