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educational workshops for company culture, work place conduct and anti-corruption. We conducted health and safety assessments in all our business locations and launched an e-learning platform just to mention a few of our activities.The first Communication on Progress (COP), submitted this year, demonstrates our ongoing support to the UN Global Compact and outlines the progress made in implementing the 10 principles in the areas of human rights, labour, environment and anticorruption.International CSR Initiativesmembership in reputable initiatives provides companies with frameworks and guidelines for addressing Corporate Social Responsibility (CSR) issues, helping to integrate them into business operations. Noble benefits in many ways from becoming a signatory to the initiatives described below; reporting on progress achieved and learning from other corporation's best practices. United Nations Global CompactNoble Group is one of the few bulk commodity supply chain managers that have become a signatory to the UN Global Compact, a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, the environment and anti-corruption. Initially Noble ensured that it had a full inventory of all already existing social and environmental initiatives across our offices and assets and that we reached out to all our employees within the company. We have subsequently streamlined our existing policies and guidelines and implemented new initiatives to assure that all 10 of the UN Global Compact principles are addressed. Last year we ran

Web - R0/G0/B0Carbon Disclosure Projectthe carbon disclosure Project (CDP) is the basis for Noble's climate mitigation efforts. CDP is a not-for-profit organization representing 500+ institutional investor signatories and holds the world's largest database of primary corporate climate change information. The project is a global platform for companies to openly communicate their greenhouses gases emissions and climate change strategy with all stakeholders. In 2011 Noble Group has submitted the first response to the CDP, not just reporting our group-wide greenhouse gas emissions but also reporting on the company's governance structure in regards to climate change issues and the structure and processes of climate change risk management. As part of this response, the target was set to reduce our specific carbon footprint by 10% per tonne of traded product by 2015.Clinton Global InitiativeThe initiative, which Noble joined in 2008, was established by former US-President Bill Clinton in 2005. The concept is to turn ideas into real actions, in response to some of the world's most pressing challenges. Over the years, CGI members have made more than 1,900 commitments, which have already improved the lives of nearly 300 million people in more than 170 countries. When fully funded and implemented, these commitments will be valued at $63 billion.Under this framework Noble Group committed to become a Carbon Neutral Company, through the implementation of activities and measures that reduce GHG emissions and offset the remainder with carbon credits. Noble's commitment is realized in a step by step approach extending the scope of the Noble Group's Carbon Neutral Project across business units.