CONTENTS | ABOUT THIS WORKBOOK |
REPORTING BOUNDARIES | |
IMPORTANT NOTICE | |
RESTATEMENTS |
This workbook discloses Mineral Resources Limited's sustainability performance data for the financial year ending June 30 2022. This workbook is to be read in conjunction with the 2022 Sustainability Report. The scope of this worksheet is to consolidate sustainability reporting metrics for operations managed / owned by Mineral Resources Limited (MinRes). All references to 'MinRes', 'the Company', 'the Group', 'we', 'us' and 'our' refer to Mineral Resources Limited (ABN 33 118 549 910) and the entities it controlled, unless otherwise stated. For management approach disclosures, performance measures and additional context, please refer to our 2022 Sustainability Report and website: https://www.mineralresources.com.au/ If you have any questions or feedback on our sustainability performance data or any other sustainability related disclosure, please email esg.reporting@mrl.com.au
MinRes engaged an independent external auditor, Ernst and Young, to provide limited assurance over seven of our sustainability performance indicators (refer to page 159 of our 2022 Sustainability Report for a copy of the Independent Limited Assurance Statement). This document contains forward-looking statements, including, but not limited to expectations regarding: Climate change and climate related risks and opportunities Future execution of MinRes' Net Zero Emissions Roadmap Achievements of net zero emissions in accordance with the projections from 2023-2050 Development and implementation of technologies or emission reduction projects Trends in commodity prices and their supply and demand Regulatory and policy developments When used herein, the words "anticipate", "believe", "could", "estimate", "expect", "going forward", "intend", "may", "plan", "project", "seek", "should", "will", "would" and similar expressions, as they relate to the Company, are intended to identify forward looking statements. The forward-looking statements are based upon certain assumptions and information available to the Company as at the date of this document. These assumptions may prove to be incorrect. There are also limitations with respect to scenario analysis and it is difficult for the Company to predict which scenarios (if any) may eventuate. Forward looking statements are not a guarantee of future performance as they involve risks, uncertainties and other factors, many of which are beyond the Company's control and may cause results to be different from statements in this document. The Company cautions against undue reliance on any forward-looking statements. This document does not purport to be all inclusive or to contain all information which its recipients may require to make an informed assessment of the Company's sustainability performance. To the fullest extent permitted by law, MinRes and its affiliates and their respective officers, directors, employees and agents, accept no responsibility for any information provided in this document, including any forward-looking statements, and disclaim any liability whatsoever (including for negligence) for any loss howsoever arising from any use of this document or reliance on anything contained in or omitted from it or otherwise arising in connection with this. In addition, MinRes accepts no responsibility to update any person regarding any inaccuracy, omission or change in information or the Company's expectations in this document or any other information made available to a person, nor any obligation to furnish the person with any further information. This document should not be relied upon as a recommendation by, or advice from, MinRes to deal in its securities. This document should be read in conjunction with MinRes' other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX).
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportmailto:esg.reporting@mrl.com.au?subject=Sustainability%20Disclosure%20Query%20We strive to apply consistent reporting boundaries and provide complete and transparent reporting in-line with industry practice. Data tables presenting an aggregated view of MinRes include all sites (except where otherwise stated), where: MinRes has operational control The sites are wholly managed by MinRes MinRes maintains a majority ownership in a joint venture MinRes has management on-site as per a joint venture agreement Operational sites are inclusive of those in 'care-and maintenance' (where active resource extraction has been suspended and may later resume) unless otherwise stated. Entities that we do not control, but have significant influence over, are included in the form of disclosures of management approach. The report does not include data from joint ventures, where we are not an operator.
Historic numbers are sometimes adjusted due to changes in reporting principles, changes of calculation factors used by authorities, or re-classification of incidents after investigations. Where there have been changes to previously reported data, this is shown in italics. Restatements occur due to changes in multipliers outside of our control, such as emission factors, corrections to historical data sets or where we have updated our approach to calculations, reclassification of incidents after investigation, changes in reporting principles. MinRes restates historic numbers and explains the changes if the adjustment represents a change of 10 per cent.
https://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | TABLES & FIGURE LIST | ||
Our Sustainability Performance Data Tables should be read in conjunction with the 2022 Sustainability Report, 2022 Annual Report and Modern Slavery Statement. These documents comprise our annual responsible business reporting suite. | |||
Our annual responsible business reporting suite is developed in accordance with the following frameworks: | |||
· Global Reporting Initiative (GRI) | |||
· Sustainability Accounting Standards Board (SASB) Metals & Mining and Coal Operations Standards | |||
· United Nations Global Compact (UNGC) | |||
· Recommendations outlined by the Taskforce on Climate-related Financial Disclosures (TCFD) | |||
During FY22, we improved our disclosure against these frameworks with 27 new and updated data tables. | |||
New disclosures for FY22 | |||
Our Principles of Governance | Our People | Environment | Climate Change |
CORPORATE GOVERNANCE | EMPLOYEES AND CONTRACTORS | AIR QUALITY | RISKS & OPPORTUNITIES |
Table 1: Key corporate governance documents & policies | Table 1: Total employees by employment contract, type and gender | Table 1: Air quality emissions FY17 to FY22 | Table 1: Climate-related Risks |
Figure 1: Sustainability governance structure | Table 2: Total employees by employment contract type and region during FY22 | Table 2: Climate-related Opportunities | |
Table 3: Total employees by employment contract type and region during FY21 | WATER | ||
ETHICS & INTEGRITY | Table 4: Total employees by employment contract type and region during FY20 | Table 1: Water withdrawn by source and water quality for FY18 - FY22 | ENERGY CONSUMPTION |
Table 1: Percentage of employees completing Code of Conduct and Business Integrity e-training | Table 5: Total employees by employment contract type and region during FY19 | Table 2: FY22 water balance by operation, water source and water quality (ML) | Table 1: Total energy consumption FY18 - FY22 |
Table 6: Total employees by employment contract type and region during FY18 | Table 3: FY22 water efficiency | Table 2: Total energy generation FY18 - FY22 | |
Table 2: Number of employees who have utilised the MinRes whistleblowing service, MinRes Integrity Assist | Table 7: Employees covered by collective bargaining agreements | Table 4: Water discharge for FY18 - FY22 | Table 3: Total operational energy spend FY18 - FY22 ($) |
Table 8: Employee-related work stoppages due to employee disputes | |||
Table 3: Nature and total number of ethics matters opened through MinRes Integrity Assist | BIODIVERSITY | GHG EMISSIONS | |
DIVERSITY AND INCLUSION | Table 1: Site biodiversity status and species per IUCN Red List conservation status | Table 1: Scope 1 and 2 greenhouse gas emissions1 | |
Table 4: Percentage of security personnel completing Code of Conduct and Business Integrity e-training1 | Table 1: Board composition by gender profile | Table 2: Greenhouse gases associated with Scope 1 emissions | |
Table 2: Employee diversity | Table 2: Number of IUCN Red List species and national conservation list species with habitats in areas affected by the operations of the organisation, by level of extinction risk | Table 3: Facility level greenhouse gas emissions for FY22 (tCO2e) | |
Table 5: Non-compliance with environmental, social or economic laws and regulations | Table 3: Total employees by role category and gender profile | Table 4: Commodity level greenhouse gas emissions for FY22 (tCO2e) | |
Table 4: Total employees by role category and age profile | Table 5: Carbon intensity of our operations (tCO2e/TMM) | ||
Table 5: Total employees by Aboriginal and Torres Strait Islander profile and role category | |||
RESPONSIBLE PRODUCTION | LAND MANAGEMENT | EMISSIONS REDUCTION | |
Figure 1: Location of MinRes operations | Table 6: New Hires | Table 3: Cumulative land disturbance and rehabilitation information for FY19-FY22 consolidated for all MinRes tenements | Table 6: Emission reduction initiatives |
Table 7: Terminations | Table 7: Low carbon investments | ||
Responsible Supply Chain | Table 8: MinRes employee category mapping | WASTE & TAILINGS | |
MODERN SLAVERY | Table 1: Waste rock | Cultural Heritage | |
Table 1: Modern slavery performance metrics | TRAINING | Table 2: Non-Mineral Waste (tonnes) | CULTURAL HERITAGE |
Table 1: Number of internal training courses/programs available | Table 3: Total amounts of overburden, rock, tailings and sludges for FY18 - FY22 | Table 1: Employee Cultural Awareness Training (CAT) | |
Health & Safety | Table 2: Total hours of training per employee type | Table 2: Heritage site management and deployment of surveys | |
HEALTH & SAFETY | Table 3: Average hours of training per employee by type of employee | Table 4: Acid Rock Drainage potential risk across operations | Table 3: Number of incidents or violations involving the rights of Aboriginal and Torres Strait Islander peoples |
Table 1: Historical safety injury rates for total employees and contractors (per 1,000,000 hours worked)1 | Table 4: Average hours of training per employee by employment contract type and gender profile | ||
TAILINGS FACILITY REGISTER | |||
Table 2: Historical trends in Lost Time Injuries (LTI) - employees and contractors | Table 5: Total hours of Emergency Response training3 per employee by type of employee | Table 1: Tailings Facility Register | RECONCILIATION ACTION PLAN |
Table 4: Recononcialition Action Plan Deliverables | |||
Table 3: Historical trends in Total Recordable Injuries (TRI) - employees and contractors | Table 6: Average hours of Emergency Response training per employee by gender profile | ||
Social & Career Entry Pathways | |||
Table 4: Historical trends in fatality rates - employees and contractors | SOCIAL | ||
Table 5: Historical trends in high consequence work-related injury rates - employees and contractors | Table 1: Total contributions to community partnerships | ||
Table 2: Value generated and distributed for FY19 - FY22 | |||
Table 6: Historical trends in all incident rates - combined employees and contractors | Table 3: Total political contributions made during FY19 - FY22 | ||
Table 7: Historical trends in near miss incident rates - combined employees and contractors | CAREER ENTRY PATHWAYS | ||
Table 5: FY22 career entry programs by gender and Aboriginal and Torres Strait Islander profile | |||
Table 8: Nature of FY21 - FY22 work-related injuries |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | GLOBAL REPORTING INITIATIVE CONTENT INDEX | |||||
Mineral Resources Limited reports in accordance with the Global Reporting Initiative (GRI) Standards 2021, and with the G4 Mining and Metals Sector Disclosures, including MinRes specific ESG performance indicators. | ||||||
GRI Standard | Disclosure | MinRes 2022 Publication / Direct Response | Location Publication, page number(s) and/or URL | Omission | Explanation | UN SDGs |
GRI 2: General Disclosures 2021: the organisation and its reporting practices | 2-1 Organisation details | Mineral Resources Limited (ABN 33 118 549 910) Sustainability Report - About this Report Sustainability Report - Mineral Resources At A Glance Annual Report - Corporate Directory | 2022 Sustainability Report (pages 2-3) 2022 Sustainability Report (pages 8-9) 2022 Annual Report (pages 203-206) | |||
2-2 Entities included in the organisations sustainability reporting | Annual Report - Parent entity information | 2022 Annual Report (pages 189) | ||||
2-3 Reporting period, frequency and contact point | Sustainability Report - About this Report | 2022 Sustainability Report (pages 2-3) 2022 Annual Report (pages 203-206) | ||||
2-4 Restatements of information | Sustainability Performance Tables - Land Disturbance | 2022 Sustainability Report (page 116) | ||||
2-5 External assurance | Sustainability Report - Independent Limited Assurance Statement MinRes Board and Sustainability Committee are updated annually regarding the scope of external assurance. EY has provided external assurance over sustainability performance metrics for MinRes FY20 to date. | 2022 Sustainability Report (page 159) | ||||
GRI 2: General Disclosures 2021: Activities and workers | 2-6 Activities, value chain and other business relationships | Sustainability Report - Mineral Resources At A Glance Modern Slavery Statement | 2022 Sustainability Report (pages 8-9) | Information incomplete | MinRes does not report against GRI 2-6 b iii on entities downstream from our organisation and their activities. MinRes will work on enhancing our disclosures year-on-year. | |
2-7 Employees | Sustainability Report - Our People Sustainability Performance Tables - Our People | 2022 Sustainability Report (page 76) | ||||
2-8 Workers who are not employees | Information unavailable | MinRes will work on enhancing our disclosures year-on-year. | ||||
GRI 2: General Disclosures 2021: Governance | 2-9 Governance structure and composition | Sustainability Report - Our Principles of Governance - Corporate Governance Sustainability Report - Our People - Diversity in Leadership Sustainability Performance Tables - Governance | 2022 Sustainability Report (pages 37,90) | |||
2-10 Nomination and selection of the highest governance body | Board Nomination Committee Charter | Mineral Resources Website: Corporate Governance - Nomination Committee Charter | ||||
2-11 Chair of the highest governance body | Annual Report - Chair's Review MinRes Chair is an Independent Non-Executive Director | 2022 Annual Report (pages 2-3) | ||||
2-12 Role of the highest governance body in overseeing the management of impacts | Sustainability Report - Corporate Governance | 2022 Sustainability Report (page 37) | ||||
2-13 Delegation of responsibility for managing impacts | Mineral Resources Website: Corporate Governance Sustainability Report - Corporate Governance, Climate Governance Board and Committee & Managements Role | 2022 Sustainability Report (pages 37,123) | ||||
2-14 Role of the highest governance body in sustainability reporting | Sustainability Report - Corporate Governance MinRes Sustainability Committee and Board have oversight and approval of sustainability annual reporting activities. | 2022 Sustainability Report (page 37) | ||||
2-15 Conflicts of interest | Corporate Governance Statement | Mineral Resources Website: Corporate Governance Statement | ||||
2-16 Communication of critical concerns | Sustainability Report - Our Principles of Governance | |||||
2-17 Collective knowledge of the highest governance body | Corporate Governance Statement Sustainability Report - Our People - Diversity in Leadership All Directors have experience in the governance of other organisations. All Executive Directors appointed to the Sustainability Committee, have a deep familiarity with the management of material sustainability issues to enable effective oversight. | Mineral Resources Website: Corporate Governance Statement 2022 Sustainability Report (page 90) | ||||
2-18 Evaluation of the performance of the highest governance body | Corporate Governance Statement | Mineral Resources Website: Corporate Governance Statement | ||||
2-19 Remuneration policies | Annual Report - Remuneration Report Sustainability Report - Our People - Remuneration and Benefits | 2022 Annual Report (page 85 -89) 2022 Sustainability Report (pages 78-79) | ||||
2-20 Process to determine remuneration | Annual Report - Remuneration Report | 2022 Annual Report (pages 85 -89) | ||||
2-21 Annual total compensation ratio | Information unavailable | MinRes does not currently report against GRI 2-21. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
GRI 2: General Disclosures 2021: Strategy, policies and practice | 2-22 Statement on sustainable development strategy | Sustainability Report - Chair and Sustainability Chair Review | 2022 Sustainability Report (pages 4-5) | |||
2-23 Policy commitments | Sustainability Report - Our Principles of Governance Sustainability Report - Responsible Supply Chain | 2022 Sustainability Report (pages 37,49) | ||||
2-24 Embedding policy commitments | Sustainability Report - Our Principles of Governance Modern Slavery Statement | 2022 Sustainability Report (page 37) | ||||
2-25 Processes to remediate negative impacts | Sustainability Report - Our Principles of Governance Modern Slavery Statement | 2022 Sustainability Report (pages 50-51) 2022 Modern Slavery Statement (28-30) | ||||
2-26 Mechanisms for seeking advice and raising concerns | Sustainability Report - Our Principles of Governance - Whistleblowing Provisions | 2022 Sustainability Report (page 39) | ||||
2-27 Compliance with laws and regulations | Sustainability Performance Tables - Ethics & Integrity - Table 5 Non-compliance with environmental, social or economic laws and regulations | Refer to Table 5 Non-compliance with environmental, social or economic laws and regulations | ||||
2-28 Membership associations | Sustainability Report - Our Sustainability Approach - Our Stakeholders | 2022 Sustainability Report (page 28) | ||||
GRI 2: General Disclosures 2021: Stakeholder engagement | 2-29 Approach to stakeholder engagement | Sustainability Report - Our Sustainability Approach - Our Stakeholders | 2022 Sustainability Report (pages 25-28) | |||
2-30 Collective bargaining agreements | Sustainability Report - Our People - Grievances and Disputes Sustainability Performance Tables - Our People Modern Slavery Statement - Our Operations Employees not covered by collective bargaining agreements are provided with employment agreements that are underpinned by a Modern Award (where applicable for their occupation or industry), and where no Modern Award exists, the agreements are underpinned by the National Employment Standards within the Fair Work Act 2009 (Cth). | 2022 Sustainability Report (page 86) | ||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-1 Process to determine material topics | Sustainability Report - Our Sustainability Approach Additional information in relation to GRI 3-1ai. Regarding human rights can be located in our 2022 Modern Slavery Statement | 2022 Sustainability Report (pages 13-15) | |||
3-2 List of material topics | Sustainability Report - Our Sustainability Approach | 2022 Sustainability Report (page 16) | ||||
3-3 Management of material topics | Sustainability Report - Our Sustainability Approach. Additionally our 2022 Sustainability Report is aligned to our Material Topics and each section provides detail of the management approach. | 2022 Sustainability Report (pages 18-21) | Excludes GRI topics not considered material to MinRes | |||
THEME: OUR PRINCIPLES OF GOVERNANCE | ||||||
Material Topic: Operating with ethics and integrity | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Our Principles of Governance | 2022 Sustainability Report (pages 36-44) | |||
GRI 205: Anti Corruption 2016 | 205-1 Operations assessed for risks related to corruption | Sustainability Report - Our Principles of Governance | 2022 Sustainability Report (page 42) | |||
205-2 Communication and training about anti-corruption policies and procedures | Sustainability Report - Our Principles of Governance. Anti-corruption training is embedded in our Business Code of Conduct. | 2022 Sustainability Report (page 36) | Information unavailable/incomplete | MinRes does not currently report against GRI 205-2 c, d & e. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
205-3 Confirmed incidents of corruption and actions taken | During FY22, the Company identified some irregularities in the activities of an employee. The Company engaged a third party to investigate the conduct of this employee and based on the results of that investigation, the employee's employment was terminated. The Company also commenced legal proceedings against the former employee in relation to their conduct while employed with the Company. | Refer to direct response | Information unavailable/incomplete | MinRes does not report against GRI 205-3 a, b & c. | ||
GRI 206: Anti Competitive behaviour | 206-1 Legal actions for anti-competitive behaviour, anti-trust, and monopoly practices | There were no legal actions for anti-competitive behaviour, anti-trust, and monopoly practices during FY22. | Refer to direct response | |||
GRI 406: Non-discrimination | 406-1 Incidents of discrimination and corrective actions taken | Sustainability Report - Ethics & Integrity, Safe and Respectful Behaviours | 2022 Sustainability Report (pages 41, 62) | |||
GRI 409: Forced or compulsory labour 2016 | 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor | Modern Slavery Statement | ||||
GRI 410: Security Practices | 410-1 Security personnel trained in human rights policies or procedures | Sustainability Performance Tables - Ethics & Integrity | Refer to Table 4 - Percentage of security personnel completing Code of Conduct and Business Integrity e-training | |||
GRI 412: Human rights assessment 2016 | 412-1 Operations that have been subject to human rights reviews or impact assessments | Modern Slavery Statement | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
412-2 Employee training on human rights policies or procedures | Modern Slavery Statement | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |||
412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening | Modern Slavery Statement | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |||
GRI 418: Customer privacy 2016 | 418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data | MinRes received no substantiated complaints in relation to customer privacy and losses of customer data for which we are aware during FY22 | Refer to direct response | |||
GRI 419: Socioeconomic Compliance | 419-1 Non-compliance with laws and regulations in the social and economic area | Sustainability Performance Tables - Ethics & Integrity | Refer to Table 4 - Percentage of security personnel completing Code of Conduct and Business Integrity e-training | |||
GRI G4 - MM: Compliance | G4-S08 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations | Sustainability Performance Tables - Ethics & Integrity | Refer to Table 4 - Percentage of security personnel completing Code of Conduct and Business Integrity e-training | |||
MinRes specific topic indicator | Number of employees completed Code of Conduct and Business Integrity e-training | Sustainability Report - Our Principles of Governance - Code of Conduct and Business Integrity Sustainability Performance Tables - Ethics & Integrity | 2022 Sustainability Report (page 39) Refer to Table 4 - Percentage of security personnel completing Code of Conduct and Business Integrity e-training | |||
MATERIAL TOPICS | ||||||
THEME: Value Creation | ||||||
Material Topic: Economic performance and value creation | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Our Sustainability Approach - Creating value through our business | 2022 Sustainability Report (pages 31-33) | |||
GRI 201: Economic Performance | 201-1 Direct economic value generated | Sustainability Report - Our Sustainability Approach - Creating value through our business Sustainability Performance Tables - Social & Career Entry Pathways | 2022 Sustainability Report (pages 31-33) | |||
201-2 Financial implications and other risks and opportunities due to climate change | Sustainability Report - Climate Change Sustainability Performance Data Tables - TCFD Index & Climate Risks and Opportunities | 2022 Sustainability Report (page 131) Refer to Table 1: Climate-related Risks, Table 2: Climate-related Opportunities | ||||
201-3 Defined benefit plan obligations and other retirement plans | Information unavailable | MinRes does not currently report against GRI 201-3. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
201-4 Financial assistance received from government | Information unavailable | MinRes does not currently report against GRI 201-4. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
GRI 207: Tax 2019 | 207-1 Approach to tax | Audit and Risk Committee Charter Audit and Risk Committee provides review of key financial processes such as the tax and treasury operations, to ensure prudent management practices are in place. | Information incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
207-2 Tax governance, control, and risk management | Sustainability Report - Our Principles of Governance Whistleblower Policy Annual Report - Assurance statement | 2022 Sustainability Report (pages 37,39, 41) 2022 Annual Report (pages 200-201) | Information incomplete | MinRes does not report against 2072 a. i, ii and iii. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
207-3 Stakeholder engagement and management of concerns related to tax | Information incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
207-4 Country-by-country reporting | FY22 all reported tax disclosure related to operations solely based in Australia. | Refer to 2022 Annual Report and direct response | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |||
GRI G4 MM: Economic Performance | G4-EC1 Direct economic value generated and distributed | Sustainability Report - Our Sustainability Approach - Creating value through our business Sustainability Performance Tables - Social & Career Entry Pathways | 2022 Sustainability Report (pages 31-33) | |||
MATERIAL TOPICS | ||||||
THEME: Responsible Supply Chains | ||||||
Material Topic: Socially, environmentally responsible, transparent and agile supply chain | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Responsible Supply Chain | 2022 Sustainability Report (pages 48-49) | |||
GRI 204: Procurement Practices | 204-1 Proportion of spending on local suppliers | Sustainability Report - Responsible Supply Chain - Our Performance Sustainability Performance Tables - Modern Slavery MinRes defines local spend as spend within Western Australia. All our operations and activities are located in Australia. | 2022 Sustainability Report (pages 51-54) Refer to Table 1: Modern slavery performance metrics | |||
GRI 308: Supplier Environmental Assessment 2016 | 308-1 New suppliers that were screened using environmental criteria | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |||
308-2 Negative environmental impacts in the supply chain and actions taken | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
GRI 408: Child Labor | 408-1 Operations and suppliers at significant risk for incidents of child labor | Modern Slavery Statement | ||||
GRI 409: Forced of Compulsory Labor | 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor | Modern Slavery Statement | ||||
GRI 414: Supplier Social Assessment | 414-1 New suppliers that were screened using social criteria | Sustainability Report - Responsible Supply Chains Sustainability Performance Tables - Modern Slavery Modern Slavery Statement | 2022 Sustainability Report (page 50, 53) Refer to Table 1: Modern slavery performance metrics | |||
414-2 Negative social impacts in the supply chain and actions taken | Sustainability Report - Responsible Supply Chains Sustainability Performance Tables - Modern Slavery Modern Slavery Statement | 2022 Sustainability Report (pages 50-53) Refer to Table 1: Modern slavery performance metrics | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
THEME: HEALTH, SAFETY & WELLBEING | ||||||
Material Topic: Maintaining a safe working environment that promotes health and wellbeing | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Health and Safety | 2022 Sustainability Report (page 58) | |||
GRI 403: Occupational Health and Safety 2018 | 403-1 Occupational health and safety management system | Sustainability Report - Our Safety Management Framework | 2022 Sustainability Report (pages 64-66) | |||
403-2 Hazard identification, risk assessment, and incident investigation | Sustainability Report - Hazard Identification, Risk Assessment and Incident Management | 2022 Sustainability Report (pages 64-66) | ||||
403-3 Occupational health services | Sustainability Report - Health and Wellbeing | 2022 Sustainability Report (pages 66-67) | ||||
403-4 Worker participation, consultation, and communication on occupational health and safety | Sustainability Report - Health and Safety Training | 2022 Sustainability Report (page 66) | ||||
403-5 Worker training on occupational health and safety | Sustainability Report - Health and Safety Training | 2022 Sustainability Report (page 66) | ||||
403-6 Promotion of worker health | Sustainability Report - Health and Wellbeing | 2022 Sustainability Report (page 66) | ||||
403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships | Sustainability Report - Contractor Management | 2022 Sustainability Report (page 65) | ||||
403-8 Workers covered by an occupational health and safety management system | Sustainability Report - Our Safety Management Framework | 2022 Sustainability Report (pages 64-65) | ||||
403-9 Work-related injuries | Sustainability Report - Health and Safety - Our Performance | 2022 Sustainability Report (page 71 - 72) | ||||
403-10 Work-related ill health | Sustainability Report - Health and Wellbeing | 2022 Sustainability Report (page 69) | ||||
GRI G4 - MM: Occupational Health and Safety | G4-LA6 Type of injury and rates of injury, occupational diseases, lost days and absenteeism, and total number of work related fatalities, by region and by gender | Information unavailable | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |||
THEME: OUR PEOPLE | ||||||
Material Topic: Attracting and retaining talent | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Attracting and Retaining Talent | 2022 Sustainability Report (pages 76 - 77) | |||
GRI 202 Market Presence | 202-1 Ratios of standard entry level wage by gender compared to local minimum wage | Information unavailable/incomplete | MinRes does not currently report against GRI 202-1. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |||
202-2 Proportion of senior management hired from the local community | Information unavailable/incomplete | MinRes does not currently report against GRI 202-2. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
GRI 401: Employment 2016 | 401-1 New employee hires and employee turnover | Sustainability Performance Tables - Our People | Refer to Diversity Table 6: New Hires and Table 7: Terminations | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |
401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees | Sustainability Report - Attracting and Retaining Talent - Remuneration and Benefits | 2022 Sustainability Report (pages 78 - 79) | Information unavailable/incomplete | Partially disclosed. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
401-3 Parental leave | Information unavailable/incomplete | MinRes does not currently report against GRI 401-3. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
GRI 404: Training and Education | 404-1 Average hours of training per year per employee | Sustainability Performance Tables - Training | Refer to Training Table 2: Total hours of training per employee type | |||
404-2 Programs for upgrading employee skills and transition assistance programs | Sustainability Report - Attracting and Retaining Talent - Career Entry Pathways Sustainability Performance Tables - Social & Career Entry Pathways | 2022 Sustainability Report (pages 80 - 81) | ||||
404-3 Percentage of employees receiving regular performance and career development reviews | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
GRI 402: Labor/management relations 2016 | 402-1 Minimum notice periods regarding operational changes | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |||
GRI G4 - MM: Labor/Management Relations | MM4 Number of strikes and lock-outs exceeding one week's duration, by country | No strikes and lock outs have occurred over 2022. | ||||
MinRes specific topic indicators | Number of apprenticeships by gender and Indigenous status | Sustainability Performance Tables - Social & Career Entry Pathways | Refer to Table 5: FY22 career entry programs by gender and Aboriginal and Torres Strait Islander profile | |||
Number of traineeships by gender and Indigenous status | Sustainability Performance Tables - Social & Career Entry Pathways | Refer to Table 5: FY22 career entry programs by gender and Aboriginal and Torres Strait Islander profile | ||||
Number of graduates by gender and Indigenous status | Sustainability Performance Tables - Social & Career Entry Pathways | Refer to Table 5: FY22 career entry programs by gender and Aboriginal and Torres Strait Islander profile | ||||
THEME: OUR PEOPLE | ||||||
Material Topic: Developing a diverse and inclusive workplace | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Our People - Diversity and Inclusion | 2022 Sustainability Report (page 84 - 85) | |||
GRI 405: Diversity and Equal Opportunity 2016 | 405-1: Diversity of governance bodies and employees | Sustainability Report - Our People - Diversity and Inclusion Sustainability Performance Tables - Diversity | 2022 Sustainability Report (page 90) | |||
405-2: Ratio of basic salary and remuneration of women and men | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
MinRes specific topic indicator | Gender balance per MinRes occupational categories | Sustainability Report - Diversity and Inclusion | 2022 Sustainability Report (page 88) | |||
THEME: ENVIRONMENT | ||||||
Material Topic: Managing environmental impacts and enhancing resource efficiency | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Environment | 2022 Sustainability Report (pages 94-95) | |||
GRI 305: Emissions 2016 | 305-7 Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions | Sustainability Report - Air Quality Sustainability Performance Tables - Air Quality | 2022 Sustainability Report (page 96) | |||
GRI G4 MM: Emissions | G4-EN21 NOX, SOX and other significant air emissions | Sustainability Report - Air Quality Sustainability Performance Tables - Air Quality | 2022 Sustainability Report (page 96) | |||
GRI 303: Water and Effluents 2018 | 303-01 Interactions with water as a shared resource | Sustainability Report - Water | 2022 Sustainability Report (pages 97-100) | Information unavailable/incomplete | MinRes does not currently report against GRI 303-01 d. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |
303-02 Management of water discharge-related impacts | Sustainability Report - Water Sustainability Performance Tables - Water | 2022 Sustainability Report (page 102) | ||||
303-3 Water withdrawal | Sustainability Report - Water | 2022 Sustainability Report (pages 104) | ||||
303-4 Water discharge | Sustainability Report - Water Sustainability Performance Tables - Water | 2022 Sustainability Report (page 104) | ||||
GRI 304: Biodiversity | 304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas | Sustainability Report - Biodiversity Sustainability Performance Tables - Biodiversity & Land Management | 2022 Sustainability Report (page 112) | |||
304-2 Significant impacts of activities, products, and services on biodiversity | Sustainability Report - Biodiversity Sustainability Performance Tables - Biodiversity & Land Management | 2022 Sustainability Report (pages 110-111) | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
304-3 Habitats protected or restored | Sustainability Report - Biodiversity Sustainability Performance Tables - Biodiversity & Land Management | 2022 Sustainability Report (pages 114-116) | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operations | Sustainability Report - Biodiversity Sustainability Performance Tables - Biodiversity & Land Management | 2022 Sustainability Report (page 113) | ||||
GRI G4 MM: Biodiversity | MM1 Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated | Sustainability Report - Land Management and Rehabilitation Sustainability Performance Tables - Biodiversity & Land Management | 2022 Sustainability Report (page 112) | |||
GRI 306: Waste 2020 | 306-1 Waste generation and significant waste-related impacts | Sustainability Report - Waste Sustainability Performance Tables - Waste & Tailings | 2022 Sustainability Report (pages 105-110) | |||
306-2 Management of significant waste-related impacts | ||||||
306-3 Waste generated | Sustainability Report - Waste Sustainability Performance Tables - Waste & Tailings | 2022 Sustainability Report (pages 106-110) | ||||
306-4 Waste diverted from disposal | Sustainability Report - Waste Sustainability Performance Tables - Waste & Tailings | 2022 Sustainability Report (page 109) | ||||
306-5 Waste directed to disposal | Sustainability Report - Waste Sustainability Performance Tables - Waste & Tailings | 2022 Sustainability Report (page 109) | ||||
GRI G4 MM: Effluents and waste | G4-EN23 Total weight of waste by type and disposal method | Sustainability Report - Waste Sustainability Performance Tables - Waste & Tailings | 2022 Sustainability Report (page 109) | |||
MM3 Total amount of overburden, rock, tailings, and sludges and their associated risks | Sustainability Report - Waste Sustainability Performance Tables - Waste & Tailings | 2022 Sustainability Report (page 106) | ||||
GRI G4 - MM: Artisanal and Small-scale Mining | MM8 Number (and percentage) of company operating sites where artisanal and small-scale mining takes place on, or adjacent to, the site; the associated risks and the actions taken to manage and mitigate these risks | Sustainability Performance Tables - Waste & Tailings MinRes has 0 operations (0%) where artisanal and small scale mining (ASM) takes place on, or adjacent to the site. | ||||
GRI 307: Environmental Compliance | 307-1 Non-compliance with environmental laws and regulations | Sustainability Report - Environment Sustainability Performance Tables - Ethics & Integrity MinRes had no major environmental incidents and received no fines or prosecutions relating to environmental performance at our operations. | 2022 Sustainability Report (page 94) | |||
THEME: CLIMATE CHANGE | ||||||
Material Topic: Understanding and managing our climate-related obligations, risks and opportunities under a changing climate | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Climate Change | 2022 Sustainability Report (pages 122-124) | |||
GRI 201: Economic Performance | 201-2 Financial implications and other risks and opportunities due to climate change | Sustainability Report - Climate Change | 2022 Sustainability Report (page 131) Refer to Table 1: Climate-related Risks, Table 2: Climate-related Opportunities | |||
GRI 302: Energy 2016 | 302-1 Energy consumption within the organisation | Sustainability Report - Our Performance - Metrics and Targets Sustainability Performance Tables - Energy Consumption | 2022 Sustainability Report (page 132) | |||
302-3 Energy intensity | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
302-4 Reduction of energy consumption | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
302-5 Reductions in energy requirements of products and services | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
GRI 305: Emissions 2016 | 305-1 Direct (Scope 1) GHG emissions | Sustainability Report - Our Performance - Metrics and Targets Sustainability Performance Tables - GHG Emissions | 2022 Sustainability Report (page 133) | |||
305-2 Energy indirect (Scope 2) GHG emissions | Sustainability Report - Our Performance - Metrics and Targets Sustainability Performance Tables - GHG Emissions | 2022 Sustainability Report (page 133) | ||||
305-3 Other indirect (Scope 3) GHG emissions | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
305-4 GHG emissions intensity | Sustainability Report - Our Performance - Metrics and Targets Sustainability Performance Tables - GHG Emissions | 2022 Sustainability Report (page 134) | ||||
305-5 Reduction of GHG emissions | Information unavailable/incomplete | MinRes is targeting Net Zero emissions by 2050 and progresses appropriate mitigation and management strategies. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
305-6 Emissions of ozone-depleting substances (ODS) | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||||
THEME: SOCIAL | ||||||
Material Topic: Protection of cultural heritage | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Social - Protection of Cultural Heritage | 2022 Sustainability Report (pages 138 - 147) | |||
GRI 203 Indirect economic impacts 2016 | 203-1 Infrastructure investments and services supported | Sustainability Report - Community and Stakeholder Engagement | 2022 Sustainability Report (page 147) | Information unavailable/incomplete | MinRes does not currently report against all criteria of GRI 203-1. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |
203-2 Significant indirect economic impacts | Sustainability Report - Community and Stakeholder Engagement | 2022 Sustainability Report (page 149) | Information unavailable/incomplete | MinRes does not currently report against all criteria of GRI 203-2. MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
GRI 411: Rights of Indigenous Peoples | 411-1 Incidents or violations involving the rights of indigenous peoples | Sustainability Performance Tables - Cultural Heritage | Refer to Table 3: Number of incidents or violations involving the rights of Aboriginal and Torres Strait Islander peoples | |||
THEME: SOCIAL | ||||||
Material Topic: Developing and maintaining strong community and stakeholder relationships | ||||||
GRI 3: Material Topics 2021: Disclosures on material topics | 3-3 Management of material topics | Sustainability Report - Community and Stakeholder Engagement | 2022 Sustainability Report (pages 148-149) | |||
GRI 413: Local communities 2016 | 413-1 Operations with local community engagement, impact assessments, and development programs | Sustainability Report - Community and Stakeholder Engagement | 2022 Sustainability Report (page 150) | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | |
413-2 Operations with significant actual and potential negative impacts on Local communities | Sustainability Report - Community and Stakeholder Engagement | 2022 Sustainability Report (page 150 - 151) | Information unavailable/incomplete | MinRes will work on enhancing disclosures year-on-year to increase our alignment with the framework. | ||
GRI 415: Public Policy | 415-1 Political contributions | Sustainability Performance Tables - Social & Career Entry Pathways | Refer to Table 3: Total political contributions made during FY19 - FY22 | |||
MinRes specific topic indicators | MinRes community donations | Sustainability Report - Community and Stakeholder Engagement - Community partnerships and contributions | 2022 Sustainability Report (page 149) | |||
Topics not considered material | ||||||
MinRes reports on topics considered material to the company as per our materiality identification process. GRI topics not considered material include topics such as GRI 301 Materials, GRI 416 Customer health and safety and GRI 417 Marketing and labelling. |
2022 Annual Report
https://www.mineralresources.com.au/2022AnnualReport2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://clients3.weblink.com.au/pdf/MIN/02559932.pdfhttps://clients3.weblink.com.au/pdf/MIN/02559932.pdfhttps://clients3.weblink.com.au/pdf/MIN/02559932.pdfhttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/our-sustainability/https://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022SustainabilityReport/xl/drawings/drawing4.xml#'Social%20&%20Career%20Entry%20Pathways'!G29/xl/drawings/drawing4.xml#'Climate%20Risks%20&%20Opportunities'!G26/xl/drawings/drawing4.xml#'Climate%20Risks%20&%20Opportunities'!G48/xl/drawings/drawing4.xml#'Climate%20Risks%20&%20Opportunities'!G48/xl/drawings/drawing4.xml#'Social%20&%20Career%20Entry%20Pathways'!G44/xl/drawings/drawing4.xml#Training!G20/xl/drawings/drawing4.xml#Diversity!G61/xl/drawings/drawing4.xml#'Modern%20Slavery'!G17/xl/drawings/drawing4.xml#'Modern%20Slavery'!G17/xl/drawings/drawing4.xml#'Modern%20Slavery'!G17/xl/drawings/drawing4.xml#'Climate%20Risks%20&%20Opportunities'!G26/xl/drawings/drawing4.xml#'Climate%20Risks%20&%20Opportunities'!G48/xl/drawings/drawing4.xml#'Climate%20Risks%20&%20Opportunities'!G48https://www.mineralresources.com.au/2022SustainabilityReport/xl/drawings/drawing4.xml#'Ethics%20&%20Integrity'!G51/xl/drawings/drawing4.xml#'Ethics%20&%20Integrity'!G51/xl/drawings/drawing4.xml#'Ethics%20&%20Integrity'!G51/xl/drawings/drawing4.xml#'Ethics%20&%20Integrity'!G51/xl/drawings/drawing4.xml#'Ethics%20&%20Integrity'!G59https://clients3.weblink.com.au/pdf/MIN/02559932.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/06/15183158/Board-Nomination-Committee-Charter-2022.pdf/xl/drawings/drawing4.xml#'Cultural%20Heritage'!G22https://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | SUSTAINABILITY ACCOUNTING STANDARDS INDEX | |||
Mineral Resources Limited commenced adoption of SASB - Metals and Mining Sustainability Accounting Standard in FY21 to enhance our disclosure. | ||||
Topic | Code | Accounting Metric | Direct Response/Reference | Workbook Tab |
Greenhouse Gas Emissions | ||||
EM-MM-110a.1. | Gross global Scope 1 emissions, percentage covered under emissions-limiting regulations | MinRes discloses our Scope 1 emissions in our 2022 Annual Report (page 63) and 2022 Sustainability Report (page 133 - 134). Gases included in our emissions air quality data does not include methane. | GHG Emissions | |
EM-MM-110a.2. | Discussion of long-term and short-term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targets | Refer to our 2022 Sustainability Report - Responding to climate change for further information (page 124). | ||
Air Quality | ||||
EM-MM-120a.1. | Air emissions of the following pollutants: (1) CO (2) NOx (excluding N2O) (3) SOx (4) Particulate matter (PM10) (5) Mercury (Hg) (6) Lead (Pb) (7) Volatile organic compounds (VOCs) | MinRes discloses our air quality in our 2022 Sustainability Report (page 96) and 2022 Sustainability Performance Tables. MinRes reports air emissions using our submissions to the National Pollutant Inventory (NPI). Submissions to the NPI cover the air pollutant emissions listed under SASB, as well as additional pollutants that are required by regulatory agencies where MinRes operates. Calculations are aligned with the NPI reporting rules and NPI emissions estimation methodology. This data is available to the public at http://www.npi.gov.au. | Air Quality | |
Energy Management | ||||
EM-MM-130a.1. | (1) Total energy consumed (2) Percentage grid electricity (3) Percentage renewable | MinRes discloses energy consumed in our 2022 Sustainability Report (page 132) and 2022 Sustainability Performance Tables. | Energy Consumption | |
Water Management | ||||
EM-MM-140a.1 | (1) Total fresh water withdrawn (2) Percentage recycled (3) Percentage in regions with High or Extremely High Baseline Water Stress | MinRes has enhanced water disclosure reporting related to the percentage water withdrawn and recycled in regions with high /extremely high baseline water stress. We are working to improve our performance in this area by FY23 in line with our water stewardship pathway, refer to our 2022 Sustainability Report (page 99 - 100 and 104) . | Water | |
EM-MM-140a.2. | Number of incidents of non-compliance associated with water quality permits, standards, and regulations | MinRes had zero incidents of non-compliance associated with water quality permits, standards and regulations through FY22. Refer to our 2022 Sustainability Report - Water-related compliance for further information (page 103). | ||
Waste & Hazardous Materials Management | ||||
EM-MM-150a.4 | Total weight of non-mineral waste generated | MinRes discloses non-mineral waste generated in our 2022 Sustainability Report (page 108 - 109) and 2022 Sustainability Performance Tables. | Waste & Tailings | |
EM-MM-150a.5 | Total weight of tailings produced | MinRes discloses tailings produced in our 2022 Sustainability Report (page 108) and 2022 Sustainability Performance Tables. | ||
EM-MM-150a.6 | Total weight of waste rock generated | MinRes discloses waste rock generated in our 2022 Sustainability Report (page 106) and 2022 Sustainability Performance Tables. | ||
EM-MM-150a.7 | Total weight of hazardous waste generated | MinRes discloses hazardous waste generated in our 2022 Sustainability Report (page 109) and 2022 Sustainability Performance Tables. | ||
EM-MM-150a.8 | Total weight of hazardous waste recycled | MinRes discloses hazardous waste recyclied in our 2022 Sustainability Report (page 109) and 2022 Sustainability Performance Tables. | ||
EM-MM-150a.9 | Number of significant incidents associated with hazardous materials and waste management | MinRes has had zero significant incidents associated with hazardous materials and waste management through FY22. | ||
EM-MM-150a.10 | Description of waste and hazardous materials management policies and procedures for active and inactive operations | MinRes discloses waste and hazardous material management in our 2022 Sustainability Report (page 95 and 105). | ||
Biodiversity Impacts | ||||
EM-MM-160a.1 | Description of environmental management policies and practices for active sites | Description of environmental management policies and practices for active sites can be found in our annual 2022 Sustainability Report and website. | ||
EM-MM-160a.2. | Percentage of mine sites where acid rock drainage is: (1) Predicted to occur (2) Actively mitigated (3) Under treatment or remediation | MinRes discloses this in our 2022 Sustainability Performance Tables. | Waste & Tailings | |
EM-MM-160a.3. | Percentage of (1) proved and (2) probable reserves in or near sites with protected conservation status or endangered species habitat | Biodiversity information on the total number of IUCN Red List species and species of national conservation with habitats in areas affected by our operated assets is disclosed in our 2022 Sustainability Performance Tables and 2022 Sustainability Report (page 112). | Biodiversity | |
Security, Human Rights & Rights of Indigenous Peoples | ||||
EM-MM-210a.1. | Percentage of (1) proved and (2) probable reserves in or near areas of conflict | Zero percent of proved and probable mineral and ore reserves and zero percent of proved petroleum reserves are in or near areas of conflict. | ||
EM-MM-210a.2. | Percentage of (1) proved and (2) probable reserves in or near indigenous land | All of our proved and probable reserves to date have been on Indigenous peoples land. Refer to our 2022 Sustainability Report (page 142). | ||
EM-MM-210a.3. | Discussion of engagement processes and due diligence practices with respect to human rights, indigenous rights, and operation in areas of conflict | Our community engagement processes and due diligence practices with respect to human rights, Indigenous peoples' rights, and operation in areas of conflict are described in our 2022 Sustainability Report (pages 48 - 54 and 138 - 147). | ||
Community Relations | ||||
EM-MM-210b.1. | Discussion of process to manage risks and opportunities associated with community rights and interests | MinRes has a dedicated Communities and Stakeholder Engagement team that manages risks and opportunities associated with community rights and interests. Refer to our 2022 Sustainability Report (page 138 - 147). | ||
EM-MM-210b.2. | Number and duration of non-technical delays | In FY22, there were no protest events or project delays as a result of community concerns, community or stakeholder resistance or protest, or armed conflict in relation to MinRes' operated assets. | ||
Labor Relations | ||||
EM-MM-310a.1 | Percentage of active workforce covered under collective bargaining agreements, broken down by U.S. and foreign employees | All MinRes employees have the right to freedom of association. As at 30 June 2022, 37 per cent of employees were covered by collective bargaining agreements. MinRes has no employees based in the United States. Refer to 2022 Sustainability Report (page 86). | Our People | |
EM-MM-310a.2. | Number and duration of strikes and lockouts | In FY22, no work stoppages involving 1,000 or more workers lasting one full shift or longer occurred at our operated assets. MinRes discloses this in our 2022 Sustainability Performance Tables. | ||
Workforce Health & Safety | ||||
EM-MM-320a.1. | (1) MSHA all-incidence rate (2) Fatality rate (3) Near miss frequency rate (NMFR) (4) Average hours of health, safety, and emergency response training for: (a) Full-time employees and (b) Contract employees | MinRes discloses our workforce health & safety in our 2022 Sustainability Report (page 71 - 72) and 2022 Sustainability Performance Tables. | Health & Safety | |
Business Ethics & Transparency | ||||
EM-MM-510a.1. | Description of the management system for prevention of corruption and bribery throughout the value chain | MinRes discloses our business ethics & transparency in our 2022 Sustainability Report (page 48 - 51). | ||
EM-MM-510a.2. | Production in countries that have the 20 lowest rankings in Transparency International's Corruption Perception Index | MinRes does not operate in any of the countries designated among the 20 lowest rankings in the 2021 Transparency International Corruption Perception Index (TICPI). All of our operations and mineral production is in Australia, which is ranked 11 in the TICPI. Refer to our 2022 Sustainability Performance Tables. | Responsible Production | |
Tailings Storage Facilities Management | ||||
EM-MM-540a.1 | Tailings storage facility inventory table: (1) Facility name (2) Location (3) Ownership (4) Operational status (5) Construction method (6) Maximum permitted storage capacity (7) Current amount of tailings stored (8) Consequence classification (90 Date of most recent independent technical review (10) Material findings (11) Mitigation measures (12) Site-specific EPRP | MinRes discloses our tailings storage facilities inventory in our 2022 Sustainability Performance Data Tables. | Tailings Facility Register | |
EM-MM-540a.2 | Summary of tailings management systems and governance structure used to monitor and maintain the stability of tailings storage facilities | MinRes discloses our tailings storage facilities management in our 2022 Sustainability Report (page 106 - 107). | ||
EM-MM-540a.3 | Approach to development of Emergency Preparedness and Response Plans (EPRPs) for tailings storage facilities | MinRes is comitted to use best practices and emergency response expertise to develop, maintain, and implement site-specific emergency preparedness and response plans. Refer to our Tailings Storage Facility Policy. | ||
Activity Metrics | ||||
EM-MM-000.A | Production of (1) Metal ores and (2) Finished metal products | MinRes discloses Iron Ore and Spodumene production in our 2022 Sustainability Report (page 9). Refer to our 2022 Annual Report for further information on our production activities and financial performance. | ||
EM-MM-000.B | Total number of employees, percentage contractors | MinRes discloses our people metrics in our 2022 Sustainability Report (page 76) and 2022 Sustainability Performance Tables. | Our People |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReport2022 Annual Report
https://www.mineralresources.com.au/2022AnnualReport2022 Annual Report
https://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022AnnualReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/our-sustainability/environment/https://www.mineralresources.com.au/2022SustainabilityReportchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/07/19125208/Tailings-Storage-Facility-Policy-Bd-approved-signed.pdfhttps://www.mineralresources.com.au/2022AnnualReportCONTENTS | UNITED NATIONS GLOBAL COMPACT - TEN PRINCIPLES INDEX |
MinRes joined the United Nations Global Compact (UNGC) in 2021 and outlines in our 2022 Sustainability Report how the Ten Principles - covering human rights, labour, environment, and anti-corruption - are integrated into our business strategy, culture and daily operations. | |
The Ten Principles of the United Nations Global Compact | Direct Response/Reference |
Human Rights | |
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights | Our Human Rights Policy outlines MinRes' commitment to human rights and our joint responsibility to ensure that our business activities respect the rights and dignity of all people. Refer to 2022 Sustainability Report (page 42). |
Principle 2: make sure that they are not complicit in human rights abuses. | |
Labour | |
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining | MinRes is committed to freedom of association and collective bargaining. As at 30 June 2021, 37 per cent of employees were covered by collective bargaining agreements. Refer to 2022 Sustainability Report (page 86). |
Principle 4: the elimination of all forms of forced and compulsory labour | Our Human Rights Policy outlines MinRes' commitment to prohibit any form of forced labour, including child labour, slave labour and human trafficking and prohibit any form of retaliation, discrimination, harassment or intimidation against any person reporting, in good faith, a breach or suspected breach of this Policy. Refer to 2022 Sustainability Report (page 42). |
Principle 5: the effective abolition of child labour | |
Principle 6: the elimination of discrimination in respect of employment and occupation. | |
Environment | |
Principle 7: Businesses should support a precautionary approach to environmental challenges | MinRes considers the precautionary principle in our environmental management approach. Refer to 2022 Sustainability Report (page 50 and 95). |
Principle 8: undertake initiatives to promote greater environmental responsibility | Refer to 2022 Sustainability Report (page 94 - 119). |
Principle 9: encourage the development and diffusion of environmentally friendly technologies. | Refer to 2022 Sustainability Report (page 124 - 127). |
Anti-Corruption | |
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery. | MinRes' Anti-Bribery and Corruption Policy outlines our commitment to fair and legal business practices and avoiding bribery, corruption and fraud. Refer to 2022 Sustainability Report (page 42). |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/04/08202451/Human-Rights-Policy-Board-approved-SIGNED.pdfhttps://s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/04/08202451/Human-Rights-Policy-Board-approved-SIGNED.pdfhttps://s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155505/Anti-Bribery-and-Corruption-Policy-2021.pdfhttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.unglobalcompact.org/what-is-gc/mission/principles/principle-2https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-1https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-3https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-4https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-5https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-6https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-7https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-8https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-9https://www.unglobalcompact.org/what-is-gc/mission/principles/principle-10CONTENTS | TASKFORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES INDEX |
Climate change poses complex and significant long-term challenges for investors. There is growing expectation from MinRes' investors and stakeholders that we understand and manage climate-related risks and opportunities affecting our business. | |
Established by the Financial Stability Board, the industry-led Taskforce on Climate-related Financial Disclosures (TCFD), developed a set of recommendations, the TCFD Recommendations, to guide improved disclosure of climate-related information. Companies who align their climate change disclosures with the TCFD Recommendations provide investors and other stakeholders with the metrics and information needed to undertake more robust and consistent analyses of the potential financial impacts of climate change. | |
Refer to our disclosure against the TCFD as outlined below. | |
Disclosure | Our Progress |
GOVERNANCE | |
Describe the Board's oversight of climate-related risks and opportunities. | MinRes' Board, Audit and Risk Committee and Sustainability Committee oversee the governance of climate-related risks and opportunities. The senior management team is responsible for the execution of the company-wide approach of the transition to a low-carbon economy. Key climate-related risks and opportunities are included in the Group's Enterprise Risk Register, which is reviewed with company subject matter experts and presented to the Audit and Risk Committee and Sustainability Committee on a quarterly basis (refer to 2022 Sustainability Report Material Topic - Our Principles of Governance for further information). |
Describe management's role in assessing and managing climate-related risks and opportunities. | The MinRes Decarbonisation Pathway Working Group is responsible for matters and activities related specifically to climate change and decarbonisation abatement projects to manage our carbon emissions. The group supports the integration of climate change strategy into our business and progressing internal GHG targets across operations, ensuring that these are aligned with the Board's commitment to our target of net zero emissions by 2050. The working group is comprised of two Executive Managers and subject matter experts and meets monthly. |
STRATEGY | |
Describe the climate-related risks and opportunities the organisation has identified over the short, medium, and long term. | MinRes is committed to continuously improve our risk identification process in alignment to the TCFD and conduct quarterly reviews of our key climate-related risks and opportunities. For further information refer to our 2022 Sustainability Report - Our climate-related risks and opportunities. |
Describe the impact of climate-related risks and opportunities on the organisation's businesses, strategy, and financial planning. | To respond to climate-related risks and opportunities, MinRes embeds climate risk analysis in our portfolio composition, emissions reductions, targets, technology and innovation developments. Guidance from our climate-related policy and stakeholder engagements progresses appropriate mitigation and management strategies. Company level risks, such as the evolving climate change mitigation regulations, are monitored by our Sustainability Committee and Audit and Risk Committee as well as a dedicated Decarbonisation Pathway Working Group. |
Describe the resilience of the organisation's strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario. | As we continue to develop our management approach to climate change, we consider the resilience of our strategy under various scenarios to ensure that our business continues to generate and sustain value under a changing climate. Our key climate-related risks and opportunities have been identified through the lens of three future scenarios. These scenarios described a combination of possible future physical and socioeconomic impacts to which we may be exposed: · Scenario 1: 'Orderly and Paris-aligned transition to a low-carbon economy' is aligned with the Paris Agreement to keep global temperature increases below 2°C above pre-industrial average temperatures and is characterised by globally co-ordinated and government-led decarbonisation, where the worst physical impacts of climate change are avoided · Scenario 2: 'High GHG emissions with limited global co-ordination' is aligned with global temperate increases of approximately 4°C above pre-industrial average temperatures and is characterised by business-as-usual conditions with limited and uncoordinated climate change regulation and activity · Scenario 3: 'Net-Zero Emissions by 2050' is aligned with the most recent special report by the Intergovernmental Panel on Climate Change (IPCC), limiting warming to 1.5°C above pre-industrial levels, and is characterised by energy demand reductions, decarbonisation of electricity and other fuels, electrification of energy end use, stronger climate policy mitigation pathways consistent with high likelihood of carbon pricing imposed directly or implicitly by regulatory policies. Our climate scenario analyses indicate the business' long-term resilience and value generation under the three possible climate decarbonisation scenarios including a 1.5 - 2°C outcome. For further information refer to our 2022 Sustainability Report - Our Climate-Related Risks and Opportunities for more information about the scenarios considered when identifying and assessing our key climate-related risks and opportunities. |
RISK MANAGEMENT | |
Describe the organisation's processes for identifying and assessing climate-related risks. | MinRes continues to enhance our alignment to the TCFD recommendations and disclose our identification processes and assessment of our key climate-related risks and opportunities. Year-on-year our approach will evolve to support embedding climate-related risks and opportunities into our business-as-usual processes. See Our Climate-Related Risks and Opportunities for further information. |
Describe the organisation's processes for managing climate-related risks. | The climate-related risk and opportunity identification and assessment process, conducted during FY20, was the first step in our TCFD journey to inform our strategic responses. We built on this foundation during FY21 with detailed corporate modelling of our company emissions profile and development of our Roadmap to Net Zero Emissions, illustrated in page 125 of our 2022 Sustainability Report, which provides a depiction of the high-level directional change in energy use and emissions in the business over time, as influenced by the introduction of abatement projects. The combined emissions reduction potential of identified projects would result in sufficient abatement to reduce MinRes' operational emissions to net zero. |
Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organisation's overall risk management. | Our approach to the identification and assessment of key climate-related risks and opportunities will evolve year-on-year to support embedding climate-related issues into business-as-usual processes. To respond to climate-related risks and opportunities, we embed climate risk analysis in our portfolio composition, emissions reductions, targets, technology and innovation developments. Guidance from our climate-related policy and stakeholder engagements progresses appropriate mitigation and management strategies. Company level risks, such as the evolving climate change mitigation regulations, are monitored by our Sustainability Committee as well as a dedicated Decarbonisation Pathway Working Group. MinRes further considers the cost of carbon in the investment decision making process. |
METRICS & TARGETS | |
Disclose the metrics used by the organisation to assess climate-related risks and opportunities in line with its strategy and risk management process. | MinRes considers consequence, likelihood and severity metrics when assessing the magnitude of a risk. Opportunities and risks are assessed with consideration to safety and security, health and wellbeing, environment, community, reputation, compliance and contracting, financial production and operations and business continuity, which are then rated in line with their contribution to our delivery of our net zero target. The performance of the executive KMP has been assessed on climate-related performance metrics and are incorporated into our remuneration policies. |
Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks. | We disclose our energy consumption, Scope 1 , Scope 2 GHG emissions and carbon intensity per Total Material Mined (TMM) in our annual sustainability reporting. We calculate our GHG emissions in line with the GHG Protocol and the Australian National Greenhouse and Energy Reporting Act (2007). For further information refer to our 2022 Sustainability Report - Our Performance Metrics and Targets. |
Describe the targets used by the organisation to manage climate-related risks and opportunities and performance against targets. | This year, MinRes set a medium-term target to achieve 50% absolute reduction in operational emissions on existing emissions by 2035. This is in addition to our ongoing commitment and target of net zero operational emissions by 2050. Setting these targets drives business decisions aligned to manage climate-related risks and pursue opportunities. For further information refer to our 2022 Sustainability Report - Our Performance Metrics and Targets. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReporthttps://www.mineralresources.com.au/2022SustainabilityReport/xl/drawings/drawing7.xml#'Climate%20Risks%20&%20Opportunities'!A1https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | CORPORATE GOVERNANCE | |
MinRes' corporate governance structure consists of a Board of Directors (Board), whose role is to represent shareholders, promote and protect the interests of the Company, and to build sustainable value for our shareholders. The Board discharges this responsibility by having regard for the interests of all relevant stakeholders. The Board consists of three sub-committees, shown in Figure 1, which provide assistance and recommendations to the Board in fulfilling their responsibilities and oversight of the social, ethical, and environmental impact of the Company's operations, approving policies and monitoring compliance with the Company's sustainability policies and practices. Refer to our 2022 Sustainability Report for further information. All policies and procedures are internally reviewed and managed by our senior leadership team and further reviewed by the Sustainability Committee and approved by the Board when related to corporate governance documents. Our corporate governance documents are made publicly available on our website. | ||
GRI 2.9 | Governance structure and composition | ||
Figure 1: Sustainability governance structure | ||
GRI 2-23 | Policy commitments | ||
Table 1: Key corporate governance documents & policies | ||
Updated disclosures for FY22 | ||
Corporate Governance developed and introduced in FY22 | ||
Key corporate governance documents | Charters | Goverance policies |
Appendix 4G ASX Key Governance Disclosures | Board Charter | Anti-Bribery and Corruption Policy |
Corporate Governance Statement | Audit and Risk Committee Charter | Climate Change Policy |
Nomination Committee Charter | Code of Conduct and Business Integrity | |
Performance Evaluation Practices Procedure | Community Policy | |
Selection and Appointment of Director Procedure | Continuous Disclosure Policy | |
Remuneration Committee Charter | Diversity and Inclusion Policy | |
Sustainability Charter | Enterprise Risk Management Policy | |
Environment Policy | ||
Gendered Violence Position Statement | ||
Health and Safety Policy | ||
Human Rights Policy | ||
Investor Engagement Policy | ||
Mental Health Policy | ||
Political Donations Policy | ||
Related Party Transactions Policy | ||
Responsible Production Policy | ||
Securities Trading Policy | ||
Supplier Code of Conduct | ||
Sustainability Policy | ||
Tailings Storage Facility Policy | ||
Whistleblower Policy | ||
Whistleblower Procedure |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/03/03192955/FY21-Appendix-4G-final.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155505/Anti-Bribery-and-Corruption-Policy-2021.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/04/13212617/Climate-Change-Policy-31Mar2022-Bd-approved-SIGNED-1.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/11/03184154/MRL000145_MRL-Code-of-Conduct_03.11.21.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155408/Community-Policy-2021.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155503/Continuous-Disclosure-Policy-2021.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/04/22152215/MRL-HR-POL-0002-Diversity-and-Inclusion-Policy-FINAL.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155454/Enterprise-Risk-Management-Framework-Policy-2021.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/04/13212640/Gendered-violence-position-statement-31Mar2022-Bd-approved-SIGNED.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/03/03192947/Health-and-Safety-Policy-2022-SIGNED.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/04/08202451/Human-Rights-Policy-Board-approved-SIGNED.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/03/03192958/FY21-Corporate-Governance-Statement_inc.-skills-matrix.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2020/07/10100611/MRL-FI-POL-0021-Investor-Engagement_.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/11104407/Mental-Health-Policy-2021.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/04/28110124/MRL-FI-POL-0026_01-Political-Donations-Policy.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/07/19125212/Related-Party-Transactions-2022-Bd-approved-signed.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/05/02143640/Responsible-Production-Policy-SusCom-approval-2Mar2022-MAS-20220427.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/03/03192949/Securities-Trading-Policy-2022-SIGNED.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/04/04193521/Sustainability-Policy-31-Mar-2022-Bd-approved-SIGNED.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/07/19125208/Tailings-Storage-Facility-Policy-Bd-approved-signed.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155451/MRL-Whistleblower-Policy-2021.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155444/MRL-Whistleblower-Procedure-2021.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/07155438/Performance-Evaluation-Practices-Procedure-2021.pdfhttps://s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/09/01215120/Supplier-Code-of-Conduct-2022.pdfhttps://s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2022/09/01215123/Environment-Policy-2022.pdfchrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/s3.ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2021/10/0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| ETHICS AND INTEGRITY | ||||
MinRes is committed to the highest standards of conduct and ethical behaviours in all of our business activities and stakeholder relationships. Our Code of Conduct and Business Integrity (the Code) outlines the way we do business and the behaviours that embody our MinRes values and company ethos. The Code defines how employees, directors, officers and contractors (collectively called "employees") of MinRes and its subsidiaries should conduct themselves. | |||||
Our whistleblower policy provides an avenue for MinRes employees and stakeholders to raise and report any issues they believe are in breach of the MinRes Code and/or any other reportable conduct including, but not limited to, illegal activity, unethical behaviour, conflicts of interest, harassment, sexual harassment, discrimination, victimisation or bullying, whether experienced in a personal capacity or witnessed. | |||||
We provide avenues for MinRes employees and stakeholders to raise a breach or suspected breach of the Code through both internal channels and our external independent whistleblowing service, MinRes Integrity Assist. | |||||
For further information, refer to our: | |||||
Code of Conduct and Business Integrity | |||||
Whistleblower policy | |||||
Whistleblower procedure | |||||
GRI 102-17 | Ethics and integrity | |||||
Table 1: Percentage of employees completing Code of Conduct and Business Integrity e-training | |||||
FY22 | FY22 | ||||
Code of Conduct Training | 89% | ||||
Table 2: Number of employees who have utilised the MinRes whistleblowing service, MinRes Integrity Assist | |||||
FY22 | |||||
Total new issues reported | 25 | ||||
Total cases closed at end of FY | 14 | ||||
Total cases remaining open at end of FY | 3 | ||||
Total substantiated claims | 8 | ||||
Substantiated claims (%) | 32% | ||||
Table 3: Nature and total number of ethics matters opened through MinRes Integrity Assist | |||||
Number Reported | Number Substantiated | Percentage Reported (%) | |||
Case Type | |||||
Abuse of influence | 1 | - | 4% | ||
Breach of law | 2 | - | 8% | ||
Bullying | 10 | 4 | 40% | ||
Discrimination | 2 | 1 | 8% | ||
Sexual Harassment | 2 | 1 | 8% | ||
Health, safety & environment | 7 | 2 | 28% | ||
Policy / Procedure | 1 | - | 4% | ||
Total | 25 | 8 | 100 | ||
GRI 410-1 | Security personnel trained in human rights policies or procedures | |||||
Table 4: Percentage of security personnel completing Code of Conduct and Business Integrity e-training1 | |||||
FY22 | |||||
Code of Conduct Training | 100% | ||||
Security personnel include MinRes employees and employees of third-party organisations | |||||
GRI 307-1 | Non-compliance with environmental laws and regulations | |||||
GRI 419-1 | Non-compliance with laws and regulations in the social and economic area | |||||
1 | GRI G4 - SO8| Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations | ||||
Table 5: Non-compliance with environmental, social or economic laws and regulations | |||||
Site | Subsidiary | Authority | Amount (AUD) | Summary of issue | |
Fines | Carina Iron Ore mine | Crushing Services International Pty Ltd (CSI) and Polaris Metals Pty Ltd | Department of Mines, Industry Regulation and Safety | $ 51,250 | 600,000 litre raw water tank spontaneously failed at the Carina iron ore mine in May 2018 with fine received February 2022. While no workers were in the vicinity when the tank failed, the outrush of water affected an operational area of 24,000m2 and displaced pumping infrastructure, ladders and associated debris. Risk has been assessed since the event and controls in place to ensure tank structures and components are maintained in a safe and stable condition and that appropriately trained and experienced workers undertake repair work. |
Total fines | |||||
Sanctions | - | - | - | - | |
Total sanctions | - | - | - | - |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | RESPONSIBLE PRODUCTION |
SASB EM-MM-510a | Production in countries that have the 20 lowest rankings in Transparency International's Corruption Perception Index | |
MinRes does not operate in any of the countries designated among the 20 lowest rankings in the 2021 Transparency International Corruption Perception Index (TICPI). All of our operations and mineral production is in Australia, which is ranked 11 in the TICPI. Refer to the map below. | |
Transparency International's lowest 20 countries (ranked 161-180) for 2021 include: Honduras, Iraq, Cambodia, Zimbabwe, Eritrea, Congo, Guinea Bissau, Comoros, Haiti, Nicaragua, Sudan, Chad, Burundi, Equatorial Guinea, Afghanistan, North Korea, Yemen, Venezuela, Somalia, Syria and South Sudan. Source: https://www.transparency.org/en/cpi/2021 | |
Figure 1: Location of MinRes operations |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | OUR PEOPLE | ||||||||||||||
At MinRes, our people are the foundation of our business and are instrumental to our ongoing growth and success. Our people performance metrics are detailed below. | |||||||||||||||
GRI 102 - 8 | Total workforce GRI 401 | Employment | |||||||||||||||
SASB EM-MM-000.B | Total number of employees, percentage contractors | |||||||||||||||
Table 1: Total employees by employment contract, type and gender | |||||||||||||||
30-Jun-18 | 30-Jun-19 | 30-Jun-20 | 30-Jun-21 | 30-Jun-22 | |||||||||||
Employment contract & type | Female | Male | Total | Female | Male | Total | Female | Male | Total | Female | Male | Total | Female | Male | Total |
Permanent Part Time | 9 | 1 | 10 | 12 | 3 | 15 | 16 | 3 | 19 | 27 | 5 | 32 | 46 | 8 | 54 |
Permanent Full Time | 221 | 1211 | 1432 | 284 | 1703 | 1987 | 299 | 1771 | 2070 | 457 | 2264 | 2721 | 649 | 2782 | 3431 |
Fixed-term Part Time | 1 | 0 | 1 | 0 | 0 | 0 | 4 | 0 | 4 | 2 | 3 | 5 | 1 | 0 | 1 |
Fixed-term Full Time | 8 | 280 | 288 | 31 | 557 | 588 | 19 | 172 | 191 | 40 | 374 | 414 | 59 | 231 | 290 |
Casual | 25 | 28 | 53 | 23 | 33 | 56 | 23 | 40 | 63 | 29 | 67 | 96 | 28 | 59 | 87 |
Total | 264 | 1520 | 1784 | 350 | 2296 | 2646 | 361 | 1986 | 2347 | 555 | 2713 | 3268 | 783 | 3080 | 3863 |
Table 2: Total employees by employment contract type and region during FY22 | |||||||||||||||
30-Jun-22 | |||||||||||||||
Region | Permanent Part Time | Permanent Full Time | Fixed-term Part time | Fixed-term Full time | Casual | Total | |||||||||
Ashburton | 0 | 341 | 0 | 2 | 10 | 353 | |||||||||
New South Wales | 0 | 1 | 0 | 0 | 0 | 1 | |||||||||
Northern Territory | 0 | 23 | 0 | 1 | 0 | 24 | |||||||||
Perth | 54 | 1085 | 1 | 143 | 43 | 1326 | |||||||||
Pilbara-Marble Bar | 0 | 26 | 0 | 3 | 0 | 29 | |||||||||
Pilbara-Newman | 0 | 517 | 0 | 17 | 23 | 557 | |||||||||
Port Hedland | 0 | 308 | 0 | 77 | 1 | 386 | |||||||||
Queensland | 0 | 11 | 0 | 0 | 1 | 12 | |||||||||
Yilgarn | 0 | 1119 | 0 | 47 | 9 | 1175 | |||||||||
Total | 54 | 3431 | 1 | 290 | 87 | 3863 | |||||||||
Table 3: Total employees by employment contract type and region during FY21 | |||||||||||||||
30-Jun-21 | |||||||||||||||
Region | Permanent Part Time | Permanent Full Time | Fixed-term Part time | Fixed-term Full time | Casual | Total | |||||||||
Ashburton | 0 | 214 | 0 | 3 | 8 | 225 | |||||||||
New South Wales | 0 | 1 | 0 | 0 | 0 | 1 | |||||||||
Northern Territory | 0 | 22 | 0 | 0 | 0 | 22 | |||||||||
Perth | 31 | 717 | 5 | 209 | 68 | 1030 | |||||||||
Pilbara-Marble Bar | 0 | 23 | 0 | 0 | 0 | 23 | |||||||||
Pilbara-Newman | 0 | 613 | 0 | 109 | 9 | 731 | |||||||||
Port Hedland | 0 | 40 | 0 | 2 | 1 | 43 | |||||||||
Queensland | 1 | 7 | 0 | 1 | 1 | 10 | |||||||||
Yilgarn | 0 | 1084 | 0 | 90 | 9 | 1183 | |||||||||
Total | 32 | 2721 | 5 | 414 | 96 | 3268 | |||||||||
Table 4: Total employees by employment contract type and region during FY20 | |||||||||||||||
30-Jun-20 | |||||||||||||||
Region | Permanent Part Time | Permanent Full Time | Fixed-term Part time | Fixed-term Full time | Casual | Total | |||||||||
Ashburton | 0 | 142 | 0 | 1 | 0 | 143 | |||||||||
China | 0 | 1 | 0 | 0 | 0 | 1 | |||||||||
Northern Territory | 0 | 21 | 0 | 0 | 0 | 21 | |||||||||
Perth | 19 | 554 | 4 | 128 | 47 | 752 | |||||||||
Pilbara-Newman | 0 | 475 | 0 | 43 | 3 | 521 | |||||||||
Port Hedland | 0 | 42 | 0 | 13 | 1 | 56 | |||||||||
Queensland | 0 | 8 | 0 | 0 | 1 | 9 | |||||||||
Yilgarn | 0 | 827 | 0 | 6 | 11 | 844 | |||||||||
Total | 19 | 2070 | 4 | 191 | 63 | 2347 | |||||||||
Table 5: Total employees by employment contract type and region during FY19 | |||||||||||||||
30-Jun-19 | |||||||||||||||
Region | Permanent Part Time | Permanent Full Time | Fixed-term Part time | Fixed-term Full time | Casual | Total | |||||||||
Ashburton | 0 | 45 | 0 | 6 | 0 | 51 | |||||||||
China | 0 | 1 | 0 | 0 | 0 | 1 | |||||||||
Northern Territory | 0 | 18 | 0 | 0 | 0 | 18 | |||||||||
Perth | 15 | 560 | 0 | 43 | 47 | 665 | |||||||||
Pilbara-Newman | 0 | 390 | 0 | 4 | 2 | 396 | |||||||||
Port Hedland | 0 | 332 | 0 | 509 | 0 | 841 | |||||||||
Queensland | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Yilgarn | 0 | 641 | 0 | 26 | 7 | 674 | |||||||||
Total | 15 | 1987 | 0 | 588 | 56 | 2646 | |||||||||
Table 6: Total employees by employment contract type and region during FY18 | |||||||||||||||
30-Jun-18 | |||||||||||||||
Region | Permanent Part Time | Permanent Full Time | Fixed-term Part time | Fixed term Full time | Casual | Total | |||||||||
Ashburton | 0 | 25 | 0 | 0 | 1 | 26 | |||||||||
China | 0 | 1 | 0 | 1 | 0 | 2 | |||||||||
Northern Territory | 0 | 19 | 0 | 0 | 0 | 19 | |||||||||
Perth | 10 | 442 | 1 | 28 | 43 | 524 | |||||||||
Pilbara-Newman | 0 | 328 | 0 | 8 | 5 | 341 | |||||||||
Port Hedland | 0 | 305 | 0 | 142 | 1 | 448 | |||||||||
Queensland | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Yilgarn | 0 | 312 | 0 | 109 | 3 | 424 | |||||||||
Total | 10 | 1432 | 1 | 288 | 53 | 1784 | |||||||||
GRI 2-30 | Collective bargaining agreements | |||||||||||||||
SASB EM-MM-310a.1 | Percentage of active workforce covered under collective bargaining agreements | |||||||||||||||
Table 7: Employees covered by collective bargaining agreements | |||||||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | |||||||||||
Percentage employees covered by collective bargaining agreements | 45% | 47% | 42% | 44% | 37% | ||||||||||
SASB EM-MM-310a.2 | Number and duration of strikes and lockouts | |||||||||||||||
Table 8: Employee-related work stoppages due to employee disputes | |||||||||||||||
FY22 | |||||||||||||||
Number of work stoppages | 0 |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | MODERN SLAVERY | |||
We recognise that through our supply chain and operations, we could be indirectly exposed to the risk of modern slavery. We are committed to preventing instances of modern slavery in our business and our supply chain. We have set out expectations of our suppliers, and their supply chains, to uphold and respect human rights, comply with all applicable laws and regulations, and prohibit the use of all forms of forced, compulsory and child labour practices. We are committed to continuously improve and strengthen our approach to addressing and preventing modern slavery over time. As part of our reporting obligations under the Modern Slavery Act 2018 (Cth), we develop an annual Modern Slavery Statement, which outlines our commitment and approach to identifying and mitigating risks of modern slavery within our operations and supply chain. Our Modern Slavery Statement is available on our website at https://www.mineralresources.com.au/ | ||||
GRI 204-1 | Proportion of spending on local suppliers GRI 414-1 | New suppliers that were screened using social criteria GRI 414-2 | Negative social impacts in the supply chain and actions taken | ||||
Table 1: Modern slavery performance metrics | ||||
Metric | Unit | FY20 | FY21 | FY22 |
Our Operations | ||||
Employees | Number | 2346 | 3264 | 3863 |
Casual employees | Number | 63 | 96 | 87 |
Our Suppliers | ||||
Active suppliers | Number | 2,065 | 2,383 | 2,682 |
Countries where suppliers are located | Number | 29 | 29 | 29 |
International suppliers | Number | 182 | 159 | 175 |
Australian suppliers | Number | 1,883 | 2,224 | 2,507 |
West Australian suppliers | Number | 1,473 | 1755 | 1,928 |
Aboriginal and Torres Strait Islander suppliers | Number | 12 | 25 | 26 |
Supplier Spend | ||||
Total Procurement spend | AUD$ billion | 1.40 | 1.93 | 2.61 |
Total International spend | Percentage | 16.9 | 16.5 | 22.7 |
Total Australian spend | Percentage | 83.1 | 83.5 | 77.3 |
Total West Australian spend | Percentage | 73.9 | 67.9 | 86.1 |
Total Aboriginal and Torres Strait Islander spend | Percentage | 0.1 | 0.2 | 0.5 |
Shipping | ||||
Vessels chartered | Number | 129 | >150 | 158 |
Our Due Diligence Actions | ||||
Suppliers screened by third-party platform | Percentage | 0 | 0 | 100 |
Confirmed instances of Modern Slavery reported in the supply chain | Number | 0 | 0 | 0 |
Confirmed instances of Modern Slavery reported in operations | Number | 0 | 0 | 0 |
Remediation | ||||
Suppliers issued with improvement notices | Number | - | 32 | 14 |
Training | ||||
No. of Business units completing Modern Slavery Awareness training | Supply Sustainability | Supply Sustainability | Supply Sustainability Energy Human Resources Legal Investor Relations Risk Shipping | |
Method of Modern Slavery Awareness and Response training | Internal Workshop | Internal Workshop | Engaged third-party subject matter expert to facilitate training | |
Governance | ||||
Sustainability Committee meetings with oversight of modern slavery1 | Number | - | - | 2 |
1 | The Board has had an annual deep dive into modern slavery awareness and response since FY20. In FY22, the Sustainability Committee was established and commenced oversight of modern slavery as a standing agenda item |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | HEALTH AND SAFETY | |||||||||
MinRes recognises the fundamental role of our health and safety performance in our overall success and our social licence to operate. We work hard to protect the safety and wellbeing of the MinRes family - our workforce, their families and the communities in which we operate. | ||||||||||
Our health and safety performance are detailed below. | ||||||||||
GRI 403-9 | Work Related Injuries | ||||||||||
SASB | EM-MM-320a.1. Workforce Health and Safety | ||||||||||
Table 1: Historical safety injury rates for total employees and contractors (per 1,000,000 hours worked)1 | ||||||||||
FY13 | FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | |
TRIFR | 14.52 | 7.15 | 4.86 | 5.99 | 2.34 | 2.49 | 3.99 | 3.63 | 2.31 | 2.33 |
LTIFR | 1.32 | 0.89 | 0.21 | 0 | 0 | 0.17 | 0.12 | 0 | 0.12 | 0 |
1 Total Recordable Injury Frequency Rate (TRIFR): The sum of (fatalities + lost-time cases + restricted work cases + medical treatment cases) x 1,000,000 hours worked) divided by actual hours to ensure that incident classification definitions are applied uniformly across the Occupational Safety and Health Administration (OSHA) guidelines for the recording and reporting of occupational injuries and illnesses. | ||||||||||
Table 2: Historical trends in Lost Time Injuries (LTI) - employees and contractors | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||
Lost Time Injury Frequency Rate (LTIFR) - employees | ||||||||||
Number of LTI - employees | 0 | 0 | 0 | 1 | 0 | |||||
Employees LTIFR (per 1,000,000 hours worked) | 0 | 0 | 0 | 0.16 | 0 | |||||
Employees LTIFR (per 200,000 hours worked) | 0 | 0 | 0 | 0.03 | 0 | |||||
Hours worked - employees | 3,382,349 | 5,191,716 | 1,933,845 | 6,228,302 | 7,637,402 | |||||
LTIFR - contractors | ||||||||||
Number of LTI - contractors | 1 | 1 | 0 | 0 | 0 | |||||
Contractors LTIFR (per 1,000,000 hours worked) | 0.38 | 0.35 | 0 | 0 | 0 | |||||
Contractors LTIFR (per 200,000 hours worked) | 0.08 | 0.07 | 0 | 0 | 0 | |||||
Hours worked - contractors | 2,657,560 | 2,831,694 | 4,399,578 | 1,987,048 | 2,679,478 | |||||
LTIFR - combined employees and contractors | ||||||||||
Number of LTI - combined employees and contractors | 1 | 1 | 0 | 1 | 0 | |||||
Combined employees and contractors LTIFR (per 1,000,000 hours worked) | 0.17 | 0.12 | 0 | 0.12 | 0 | |||||
Combined employees and contractors LTIFR (per 200,000 hours worked) | 0.03 | 0.02 | 0 | 0.02 | 0 | |||||
Hours worked - combined employees and contractors | 6,039,909 | 8,023,411 | 6,333,423 | 8,215,349 | 10,316,879 | |||||
Table 3: Historical trends in Total Recordable Injuries (TRI) - employees and contractors | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||
Total Recordable Injury Frequency Rate (TRIFR) - employees | ||||||||||
Number of recordable work-related injuries - employees | 8 | 19 | 17 | 13 | 15 | |||||
Employees TRIFR (per 1,000,000 hours worked) | 2.37 | 3.66 | 8.79 | 2.09 | 1.96 | |||||
Employees TRIFR (per 200,000 hours worked) | 0.47 | 0.73 | 1.76 | 0.42 | 0.39 | |||||
Hours worked - employees | 3,382,349 | 5,191,716 | 1,933,845 | 6,228,302 | 7,637,402 | |||||
TRIFR - contractors | ||||||||||
Number of recordable work-related injuries - contractors | 7 | 13 | 6 | 6 | 9 | |||||
Contractors TRIFR (per 1,000,000 hours worked) | 2.63 | 4.59 | 1.36 | 3.02 | 3.36 | |||||
Contractors TRIFR (per 200,000 hours worked) | 0.53 | 0.92 | 0.27 | 0.60 | 0.67 | |||||
Hours worked - contractors | 2,657,560 | 2,831,694 | 4,399,578 | 1,987,048 | 2,679,478 | |||||
TRIFR - combined employees and contractors | ||||||||||
Number of recordable work-related injuries - combined employees and contractors | 15 | 32 | 23 | 19 | 24 | |||||
Combined employees and contractors TRIFR (per 1,000,000 hours worked) | 2.49 | 3.99 | 3.63 | 2.31 | 2.33 | |||||
Combined employees and contractors TRIFR (per 200,000 hours worked) | 0.5 | 0.8 | 0.73 | 0.46 | 0.47 | |||||
Hours worked - combined employees and contractors | 6,039,909 | 8,023,411 | 6,333,423 | 8,215,349 | 10,316,879 | |||||
Table 4: Historical trends in fatality rates - employees and contractors | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||
Fatality rate - employees | ||||||||||
Number of fatalities - employees | 0 | 0 | 0 | 0 | 0 | |||||
Employees fatality rate (per 1,000,000 hours worked) | 0 | 0 | 0 | 0 | 0 | |||||
Employees fatality rate (per 200,000 hours worked) | 0 | 0 | 0 | 0 | 0 | |||||
Hours worked - employees | 3,382,349 | 5,191,716 | 1,933,845 | 6,228,302 | 7,637,402 | |||||
Fatality rate - contractors | ||||||||||
Number of fatalities - contractors | 0 | 0 | 0 | 0 | 0 | |||||
Contractors fatality rate (per 1,000,000 hours worked) | 0 | 0 | 0 | 0 | 0 | |||||
Contractors fatality rate (per 200,000 hours worked) | 0 | 0 | 0 | 0 | 0 | |||||
Hours worked - contractors | 2,657,560 | 2,831,694 | 4,399,578 | 1,987,048 | 2,679,478 | |||||
TRIFR - combined employees and contractors | ||||||||||
Number of fatalities - combined employees and contractors | 0 | 0 | 0 | 0 | 0 | |||||
Combined employees and contractors fatality rate (per 1,000,000 hours worked) | 0 | 0 | 0 | 0 | 0 | |||||
Combined employees and contractors fatality rate (per 200,000 hours worked) | 0 | 0 | 0 | 0 | 0 | |||||
Hours worked - combined employees and contractors | 6,039,909 | 8,023,411 | 6,333,423 | 8,215,349 | 10,316,879 | |||||
Table 5: Historical trends in high consequence work-related injury rates - employees and contractors | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||
High consequence work-related injury rate - employees | ||||||||||
Number of high consequence work-related injuries - employees | 0 | 0 | 0 | 1 | 0 | |||||
Employees high consequence work-related injury rate (per 1,000,000 hours worked) | 0 | 0 | 0 | 0.16 | 0 | |||||
Employees high consequence work-related injury rate (per 200,000 hours worked) | 0 | 0 | 0 | 0.03 | 0 | |||||
Hours worked - employees | 3,382,349 | 5,191,716 | 1,933,845 | 6,228,302 | 7,637,402 | |||||
High consequence work-related injury rate - contractors | ||||||||||
Number of high consequence work-related injuries - contractors | 1 | 1 | 0 | 0 | 0 | |||||
Contractors high consequence work-related injury rate (per 1,000,000 hours worked) | 0.38 | 0.35 | 0 | 0 | 0 | |||||
Contractors high consequence work-related injury rate (per 200,000 hours worked) | 0.08 | 0.07 | 0 | 0 | 0 | |||||
Hours worked - contractors | 2,657,560 | 2,831,694 | 4,399,578 | 6,228,302 | 2,679,478 | |||||
High consequence work-related injury rate - combined employees and contractors | ||||||||||
Number of high consequence work-related injuries - combined employees and contractors | 1 | 1 | 0 | 1 | 0 | |||||
Combined employees and contractors high consequence work-related injury rate (per 1,000,000 hours worked) | 0.17 | 0.12 | 0 | 0.12 | 0 | |||||
Combined employees and contractors high consequence work-related injury rate (per 200,000 hours worked) | 0.03 | 0.02 | 0 | 0.02 | 0 | |||||
Hours worked - combined employees and contractors | 6,039,909 | 8,023,411 | 6,333,423 | 8,215,349 | 10,316,879 | |||||
Table 6: Historical trends in all incident rates - combined employees and contractors | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||
All incident rate - combined employees and contractors | ||||||||||
Number of all incidents - combined employees and contractors | 967 | 1327 | 1263 | 1616 | 1549 | |||||
Combined employees and contractors all incident rate (per 1,000,000 hours worked) | 160.1 | 165.39 | 199.42 | 196.70 | 150.14 | |||||
Combined employees and contractors all incident rate (per 200,000 hours worked) | 32.02 | 33.08 | 39.88 | 39.34 | 30.03 | |||||
Hours worked - combined employees and contractors | 6,039,909 | 8,023,411 | 6,333,423 | 8,215,349 | 10,316,879 | |||||
Table 7: Historical trends in near miss incident rates - combined employees and contractors | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||
Near miss incident rate - combined employees and contractors | ||||||||||
Number of near miss incidents - combined employees and contractors | 256 | 300 | 281 | 349.00 | 335 | |||||
Combined employees and contractors near miss incident rate (per 1,000,000 hours worked) | 42.38 | 37.39 | 44.37 | 42.48 | 32.47 | |||||
Combined employees and contractors near incident rate (per 200,000 hours worked) | 8.48 | 7.48 | 8.87 | 8.50 | 6.49 | |||||
Hours worked - combined employees and contractors | 6,039,909 | 8,023,411 | 6,333,423 | 8,215,349 | 10,316,879 | |||||
Table 8: Nature of FY21 - FY22 work-related injuries | ||||||||||
Nature of Injury Category: | FY21 | FY22 | ||||||||
# of Injuries | % | # of Injuries | % | |||||||
Sprains and strains | 131 | 38.19 | 110 | 44.35 | ||||||
Superficial injury | 111 | 32.36 | 61 | 24.60 | ||||||
Open wound | 23 | 6.71 | 19 | 7.66 | ||||||
Contusion and crushing injury | 20 | 5.83 | 19 | 7.66 | ||||||
Foreign body | 13 | 3.79 | 10 | 4.03 | ||||||
Disorder of muscle, tendon and tissue | 7 | 2.04 | 4 | 1.61 | ||||||
Burns | 7 | 2.04 | 10 | 4.03 | ||||||
All remaining categories | 31 | 9.04 | 15 | 6.05 | ||||||
Total | 343 | 100.00 | 248 | 100.00 |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | DIVERSITY AND INCLUSION | |||||||||||||||||||
A diverse, inclusive and non-discriminatory workplace is critical to the growth and culture of MinRes and is a key contributor to our long-term success. We are committed to fostering diversity at all levels regardless of gender identity, nationality, marital or family status, sexual orientation, age, disability or impairment, neurodiversity, Aboriginal or Torres Strait Islander identity, ethnicity, cultural background, religious beliefs, political conviction, union membership, socio-economic background, perspective or life experience. | ||||||||||||||||||||
Our diversity and inclusion performance metrics are detailed below. | ||||||||||||||||||||
GRI 405-1 | Diversity and Equal Opportunity | ||||||||||||||||||||
Table 1: Board composition by gender profile | ||||||||||||||||||||
Mineral Resources Limited Board Members as at 30 June 2022 | ||||||||||||||||||||
First Name | Last Name | Position | Gender | Age | ||||||||||||||||
James | McClements | Chairman (Non Executive) | Male | Over 50 | ||||||||||||||||
Christopher | Ellison | Managing Director | Male | Over 50 | ||||||||||||||||
Kelvin | Flynn | Director (Non Executive) | Male | Over 50 | ||||||||||||||||
Susan | Corlett | Director (Non Executive) | Female | Over 50 | ||||||||||||||||
Xi | Xi | Director (Non Executive) | Female | 30-50 | ||||||||||||||||
Zimi | Meka | Director (Non Executive) | Male | Over 50 | ||||||||||||||||
Table 2: Employee diversity | ||||||||||||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||||||||||||
Overall Female Representation | 14.80% | 13.20% | 15.40% | 16.98% | 20.27% | |||||||||||||||
Overall Indigenous Representation | 1.70% | 1.60% | 1.40% | 1.77% | 1.81% | |||||||||||||||
Table 3: Total employees by role category and gender profile | ||||||||||||||||||||
30-Jun-18 | 30-Jun-19 | 30-Jun-20 | 30-Jun-21 | 30-Jun-22 | ||||||||||||||||
MinRes Category1 | Female | Male | Total | Female | Male | Total | Female | Male | Total | Female | Male | Total | Female | Male | Total | |||||
C-Suite | 0 | 2 | 2 | 0 | 3 | 3 | 0 | 3 | 3 | 0 | 4 | 4 | 0 | 5 | 5 | |||||
Executives and Senior Management | 4 | 33 | 37 | 3 | 40 | 43 | 4 | 36 | 40 | 7 | 98 | 105 | 6 | 46 | 52 | |||||
Management | 17 | 139 | 156 | 18 | 160 | 178 | 21 | 167 | 188 | 20 | 157 | 177 | 33 | 260 | 293 | |||||
Professionals | 66 | 180 | 246 | 87 | 241 | 328 | 90 | 255 | 345 | 156 | 377 | 533 | 138 | 380 | 518 | |||||
Operations, Support and Service | 177 | 1165 | 1342 | 242 | 1851 | 2093 | 246 | 1524 | 1770 | 371 | 2074 | 2445 | 606 | 2389 | 2995 | |||||
1 Refer to Table 8 'MinRes employee category mapping' for a definition of each MinRes occupational category in relation to the allocated role within the business. | ||||||||||||||||||||
Table 4: Total employees by role category and age profile | ||||||||||||||||||||
30-Jun-18 | 30-Jun-19 | 30-Jun-20 | 30-Jun-21 | 30-Jun-22 | ||||||||||||||||
MinRes Category1 | Under 30 | 30-50 | Over 50 | Total | Under 30 | 30-50 | Over 50 | Total | Under 30 | 30-50 | Over 50 | Total | Under 30 | 30-50 | Over 50 | Total | Under 30 | 30-50 | Over 50 | Total |
C-Suite | 0 | 1 | 1 | 2 | 0 | 0 | 3 | 3 | 0 | 1 | 2 | 3 | 0 | 1 | 2 | 3 | 0 | 1 | 4 | 5 |
Executives and Senior Management | 0 | 20 | 17 | 37 | 0 | 19 | 24 | 43 | 0 | 23 | 17 | 40 | 0 | 70 | 35 | 105 | 0 | 25 | 27 | 52 |
Management | 1 | 95 | 60 | 156 | 1 | 110 | 67 | 178 | 2 | 126 | 60 | 188 | 1 | 122 | 54 | 177 | 2 | 194 | 97 | 293 |
Professionals | 29 | 158 | 59 | 246 | 44 | 200 | 84 | 328 | 45 | 220 | 80 | 345 | 79 | 335 | 119 | 533 | 110 | 315 | 93 | 518 |
Operations, Support and Service | 152 | 781 | 409 | 1342 | 305 | 1199 | 589 | 2093 | 292 | 980 | 498 | 1770 | 466 | 1348 | 631 | 2445 | 542 | 1648 | 805 | 2995 |
1 Refer to Table 8 'MinRes employee category mapping' for a definition of each MinRes occupational category in relation to the allocated role within the business. | ||||||||||||||||||||
Table 5: Total employees by Aboriginal and Torres Strait Islander profile and role category | ||||||||||||||||||||
30-Jun-18 | 30-Jun-19 | 30-Jun-20 | 30-Jun-21 | 30-Jun-22 | ||||||||||||||||
MinRes Category1 | Identifies as indigenous | Does not identify as indigenous | Total | Identifies as indigenous | Does not identify as indigenous | Total | Identifies as indigenous | Does not identify as indigenous | Total | Identifies as indigenous | Does not identify as indigenous | Total | Identifies as indigenous | Does not identify as indigenous | Total | |||||
C-Suite | 0 | 2 | 2 | 0 | 3 | 3 | 0 | 3 | 3 | 0 | 3 | 3 | 0 | 5 | 5 | |||||
Executives and Senior Management | 0 | 37 | 37 | 0 | 43 | 43 | 0 | 40 | 40 | 0 | 105 | 105 | 0 | 52 | 52 | |||||
Management | 2 | 154 | 156 | 0 | 178 | 178 | 0 | 188 | 188 | 1 | 176 | 177 | 2 | 291 | 293 | |||||
Professionals | 1 | 245 | 246 | 4 | 324 | 328 | 2 | 343 | 345 | 7 | 526 | 533 | 3 | 515 | 518 | |||||
Operations, Support and Service | 28 | 1314 | 1342 | 39 | 2054 | 2093 | 31 | 1739 | 1770 | 50 | 2395 | 2445 | 65 | 2930 | 2995 | |||||
1 Refer to Table 8 'MinRes employee category mapping' for a definition of each MinRes occupational category in relation to the allocated role within the business. | ||||||||||||||||||||
GRI 401-1 | New employee hires and employee turnover | ||||||||||||||||||||
Table 6: New Hires | ||||||||||||||||||||
Gender | Age Group | Region | ||||||||||||||||||
Female | Male | Total | Under 30 | 30 - 50 | Over 50 | Total | Yilgarn | Perth | Pilbara | Ashburton | Port Hedland | Queensland | Northern Territory | New South Wales | Total | |||||
Total new hires in FY21 | 355 | 1590 | 1945 | 418 | 1097 | 430 | 1945 | 694 | 541 | 486 | 200 | 18 | 2 | 3 | 1 | 1945 | ||||
Percentage of new hires in FY21 | 18% | 82% | 21% | 56% | 22% | 36% | 28% | 25% | 10% | 1% | 0.1% | 0.2% | 0.1% | |||||||
Total new hires in FY22 | 499 | 1673 | 2172 | 469 | 1195 | 508 | 2172 | 585 | 773 | 340 | 269 | 189 | 7 | 9 | 0 | 2172 | ||||
Percentage of new hires in FY22 | 23% | 77% | 22% | 55% | 23% | 27% | 36% | 16% | 12% | 9% | 0.3% | 0.4% | 0.0% | |||||||
Table 7: Terminations | ||||||||||||||||||||
Gender | Age Group | Region | ||||||||||||||||||
Female | Male | Total | Under 30 | 30 - 50 | Over 50 | Total | Yilgarn | Perth | Pilbara | Ashburton | Port Hedland | Queensland | Northern Territory | New South Wales | Total | |||||
Total terminations in FY21 | 173 | 1037 | 1210 | 176 | 727 | 307 | 1210 | 494 | 241 | 354 | 104 | 13 | 0 | 3 | 1 | 1210 | ||||
Percentage of terminations in FY21 | 14.30% | 86% | 15% | 60% | 25% | 40.8% | 19.9% | 29.3% | 8.6% | 1.1% | 0.0% | 0.2% | 0.1% | |||||||
Total terminations in FY22 | 282 | 1283 | 1565 | 266 | 908 | 391 | 1565 | 569 | 384 | 343 | 196 | 63 | 4 | 6 | 0 | 1565 | ||||
Percentage of terminations in FY22 | 18% | 82% | 17% | 58% | 25% | 36.4% | 24.5% | 21.9% | 12.5% | 4.0% | 0.3% | 0.4% | 0.0% | |||||||
Table 8: MinRes employee category mapping | ||||||||||||||||||||
WGEA Category | MinRes Category | |||||||||||||||||||
CEO | C-Suite | MD and Chief's | ||||||||||||||||||
Key Management Personnel | ||||||||||||||||||||
Other Executives/General Managers | Executives and Senior Management | EGMs, GMs, Heads of, | ||||||||||||||||||
Senior Managers | ||||||||||||||||||||
Other Manager | Management | Superintendents and above, who do not fall into any other management category | ||||||||||||||||||
Professionals | Professionals | Degree qualified roles, such as Engineers, Geologist, Accountants etc. | ||||||||||||||||||
Community and Personal Service | Operations, Support and Service | All other roles, including Supervisors, Operators, Trades, Admin etc. | ||||||||||||||||||
Clerical and Administrative | ||||||||||||||||||||
Technicians and Trade | ||||||||||||||||||||
Machinery Operators and Drivers | ||||||||||||||||||||
Labourers | ||||||||||||||||||||
Sales |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | TRAINING | |||
Providing high-quality and up-to-date training solutions is important to ensure our people are equipped and supported to have a positive impact on our organisation. We are committed to providing our people with the appropriate knowledge, skills and understanding to safely and effectively complete tasks to the expected standard. Our dedicated Training team is responsible for identifying needs within the business based on the scope of specific roles and associated work activities. Our training performance metrics are detailed below. | ||||
GRI 404 | Training and Education | ||||
Table 1: Number of internal training courses/programs available | ||||
FY21 | FY22 | |||
Total | 219 | 318 | ||
Table 2: Total hours of training per employee type | ||||
FY21 | FY22 | FY20 | FY21 | FY22 |
Employee | 46,009 | 64,238 | ||
Contractors | 29,816 | 41,251 | ||
Total | 75,825 | 105,489 | ||
1 | Employees include permanent part time, permanent full time, fixed-term part time, fixed-term full time and casual | |||
Table 3: Average hours of training per employee by type of employee | ||||
FY21 | FY22 | |||
Employee1 | 4.86 | 5.82 | ||
Contractor | 5.68 | 7.20 | ||
1 | Employees include permanent part time, permanent full time, fixed-term part time, fixed-term full time and casual | |||
Table 4: Average hours of training per employee by employment contract type and gender profile | ||||
FY21 | FY22 | |||
Female | Male | Female | Male | |
Permanent Part Time | 2.7 | 4 | 4.34 | 2.8 |
Permanent Full Time | 7.53 | 12.54 | 9.27 | 13.59 |
Fixed-term Part Time | 2.5 | 3 | 7.63 | 20.44 |
Fixed-term Full Time | 7.79 | 7.51 | 12.97 | 8.19 |
Casual | 5.63 | 8.12 | 7.72 | 12.04 |
Table 5: Total hours of Emergency Response training3 per employee by type of employee | ||||
FY21 | FY22 | |||
Employee1 | 2,308 | 4,823 | ||
Contractors | 16 | 28 | ||
Total | 2,324 | 4,851 | ||
1 | Employees include permanent part time, permanent full time, fixed-term part time, fixed-term full time and casual | |||
Table 6: Average hours of Emergency Response training per employee by gender profile | ||||
FY21 | FY22 | |||
Female | Male | Female | Male | |
Permanent Full Time | 0.62 | 0.6 | 0.98 | 0.98 |
Fixed-term Part Time | 0 | 0 | 0 | 0.22 |
Fixed-term Full Time | 1.03 | 0.27 | 0.39 | 0.83 |
Casual | 0.49 | 0.35 | 0 | 0 |
3 | Emergency Response Training includes the following courses/programs: NRT First Aid (CPR Refresher), Demonstrate First Attack Firefighting, NRT First Aid (Low Voltage & Provide CPR), NRT (Inspect, test and maintain non-gaseous, pre-engineered fire suppression systems), Snake Handling, Mental Health First Aider Accreditation, Conduct Fire Team Operations, NRT - Operate Oxygen Breathing Apparatus, NRT - First Aid (Provide CPR), NRT - First Aid (Provide Basic Emergency Life Support), Fire Warden Training/Fire Extinguisher, Advanced Life Support Training, NRT - First Aid (Occupational First Aid), Inspect and test fire hose reels, fire extinguishers & fire blankets, NRT - First Aid (Remote Situations), NRT - First Aid (Provide Advanced First Aid) and Peripheral IV Cannulation. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | AIR QUALITY | ||||||
MinRes reports our emissions of listed substances annually to the National Pollutant Inventory (NPI) for facilities that meet the relevant reporting thresholds. These are estimated using the approaches defined in the NPI Emissions Estimation Technique (EET) manuals, with most calculations undertaken using emission factors. | |||||||
Our air quality performance metrics are detailed below. | |||||||
GRI 305-7 & GRI G4 - MM3 EN21 | Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions | |||||||
SASB | EM-MM-120a.1. Air quality | |||||||
Table 1: Air quality emissions FY17 to FY22 | |||||||
Operation | Air Total Emissions1 (Tonnes) | FY17 | FY18 | FY19 | FY20 | FY21 | FY222 |
MinRes (Total) | |||||||
Carbon monoxide | 909.2 | 1,203.4 | 1,072.5 | 1,792.7 | 2,341.8 | 1988.7 | |
Lead and compounds | 0.3 | 0.6 | 0.7 | 0.8 | 0.9 | 1.1 | |
Mercury and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Oxides of nitrogen | 1,996.2 | 2,169.9 | 1,972.3 | 2,760.0 | 3,618.5 | 3966.8 | |
Particulate matter <10um | 6,809.2 | 10,911.3 | 14,070.8 | 18,803.1 | 21,208.9 | 24102.1 | |
Particulate matter <2.5um | 119.2 | 125.9 | 104.1 | 155.0 | 211.1 | 234.5 | |
Sulphur dioxide | 1.0 | 1.3 | 1.3 | 1.6 | 2.3 | 2.4 | |
Total volatile organic compounds | 151.1 | 166.3 | 143.4 | 205.3 | 249.4 | 263.9 | |
Yilgarn Hub (Iron Ore) | |||||||
Carbon monoxide | 300.1 | 232.7 | 416.7 | 900.9 | 1,034.7 | 824.7 | |
Lead and compounds | 0.0 | 0.0 | 0.3 | 0.3 | 0.3 | 0.4 | |
Mercury and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Oxides of nitrogen | 649.7 | 276.3 | 644.7 | 971.2 | 1,277.3 | 1317.1 | |
Particulate matter <10um | 2,165.0 | 3,047.2 | 6,859.3 | 10,459.1 | 10,420.9 | 11636.8 | |
Particulate matter <2.5um | 38.5 | 14.5 | 35.4 | 55.0 | 75.9 | 74.6 | |
Sulphur dioxide | 0.3 | 0.1 | 0.4 | 0.6 | 0.9 | 0.9 | |
Total volatile organic compounds | 38.8 | 14.1 | 37.9 | 59.2 | 82.2 | 77.9 | |
Pilbara (Iron Ore) | |||||||
Iron Valley Operations | Carbon monoxide | 161.2 | 179.4 | 150.8 | 194.0 | 316.7 | 229.0 |
Lead and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Mercury and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Oxides of nitrogen | 414.8 | 490.1 | 314.9 | 525.9 | 742.7 | 642.2 | |
Particulate matter <10um | 1,323.4 | 1,791.9 | 1,689.3 | 1,831.0 | 2,640.0 | 2262.3 | |
Particulate matter <2.5um | 27.5 | 32.2 | 19.7 | 34.7 | 47.1 | 41.5 | |
Sulphur dioxide | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 0.3 | |
Total volatile organic compounds | 31.3 | 36.3 | 21.8 | 39.0 | 51.5 | 44.5 | |
Wonmunna Iron Ore Project | Carbon monoxide | - 0 | - 0 | - 0 | - 0 | 115.0 | 175.3 |
Lead and compounds | - 0 | - 0 | - 0 | - 0 | 0.1 | 0.2 | |
Mercury and compounds | - 0 | - 0 | - 0 | - 0 | 0.0 | 0.0 | |
Oxides of nitrogen | - 0 | - 0 | - 0 | - 0 | 159.8 | 360.5 | |
Particulate matter <10um | - 0 | - 0 | - 0 | - 0 | 648.4 | 2599.3 | |
Particulate matter <2.5um | - 0 | - 0 | - 0 | - 0 | 9.2 | 22.3 | |
Sulphur dioxide | - 0 | - 0 | - 0 | - 0 | 0.1 | 0.3 | |
Total volatile organic compounds | - 0 | - 0 | - 0 | - 0 | 9.6 | 23.7 | |
Pilbara Hub (Iron Ore) - TOTAL3 | Carbon monoxide | 161.2 | 179.4 | 150.8 | 194.0 | 433.2 | 404.3 |
Lead and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | |
Mercury and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Oxides of nitrogen | 414.8 | 490.1 | 314.9 | 526.0 | 907.2 | 1002.7 | |
Particulate matter <10um | 1323.4 | 1791.9 | 1689.3 | 1918.1 | 3297.6 | 4869.8 | |
Particulate matter <2.5um | 27.5 | 32.2 | 19.7 | 34.7 | 56.7 | 63.8 | |
Sulphur dioxide | 0.2 | 0.2 | 0.2 | 0.3 | 0.5 | 0.6 | |
Total volatile organic compounds | 31.3 | 36.3 | 21.8 | 39.0 | 61.7 | 68.3 | |
Lithium Commodities | |||||||
MRL Wodgina Operations | Carbon monoxide | 141.0 | 340.5 | 108.1 | 104.5 | 28.5 | - 0 |
Lead and compounds | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | - 0 | |
Mercury and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - 0 | |
Oxides of nitrogen | 282.1 | 492.5 | 211.8 | 189.0 | 44.8 | - 0 | |
Particulate matter <10um | 925.7 | 1,751.4 | 1,101.9 | 1,326.3 | 940.3 | - 0 | |
Particulate matter <2.5um | 14.7 | 27.5 | 7.3 | 4.8 | 0.2 | - 0 | |
Sulphur dioxide | 0.2 | 0.4 | 0.1 | 0.1 | 0.0 | - 0 | |
Total volatile organic compounds | 26.4 | 39.3 | 19.3 | 22.3 | 6.1 | - 0 | |
Mt Marion Mine Operations | Carbon monoxide | 145.7 | 271.4 | 246.1 | 399.4 | 413.6 | 355.4 |
Lead and compounds | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | |
Mercury and compounds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Oxides of nitrogen | 234.8 | 421.0 | 485.9 | 547.9 | 486.7 | 644.2 | |
Particulate matter <10um | 1,071.8 | 2,529.0 | 2,731.0 | 3,268.6 | 3,261.7 | 2733.9 | |
Particulate matter <2.5um | 10.9 | 19.5 | 21.9 | 25.8 | 21.9 | 32.3 | |
Sulphur dioxide | 0.1 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | |
Total volatile organic compounds | 23.3 | 40.2 | 42.7 | 45.8 | 38.3 | 49.5 | |
1 | MinRes reports its emissions of listed substances annually to the Australian National Pollutant Inventory (NPI) for facilities that meet the relevant reporting thresholds. Emissions are calculated using the approaches defined in the National Pollutant Inventory (NPI) Emission Estimation Technique (EET) manuals, with most calculations undertaken using emission factors for each substance. | ||||||
2 | FY22 emissions exclude Coobina Chromite Mine, Carine Iron Ore Project, Poondano Iron Ore Mine, Phils Creek Iron Ore Mine and Boodarie Facility as facilities did not exceed the NPI reporting threshold. | ||||||
3 | Additional to Iron Valley Operations and Wonmunna Iron Ore Project, total values for Utah Point Hub include Mango Yard. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | WATER | |||||||||||||||||||
MinRes recognises the increasing materiality and importance of water as a fundamental societal, environmental, and economic resource. We aim to apply strong and transparent water governance, manage water effectively at our operations and collaborate with key stakeholders to achieve responsible and sustainable water use. | ||||||||||||||||||||
Our water performance metrics are detailed below. | ||||||||||||||||||||
GRI 303-3 | Water Withdrawn by Source, Water Quality and Water Risk Rating (ML) broken down by operation: | ||||||||||||||||||||
Table 1: Water withdrawn by source and water quality for FY18 - FY22 | ||||||||||||||||||||
Operation | Climate Conditions | Risk: Water Stress1 | Proportion of site in the water stressed area | Water Quality Category 1 | Source2 | FY18 | FY19 | FY20 | FY21 | FY22 | % of Total Water Withdrawn | |||||||||
Yilgarn Hub (Iron Ore) | Semi-arid | High | 100% | Category 1 | Third party | 190 | 92 | 190 | 174 | 196 | 0.91% | |||||||||
Surface water | 129 | 0.61% | ||||||||||||||||||
Category 3 | Groundwater | - | 673 | 879 | 930 | 2,109 | 9.86% | |||||||||||||
Pilbara Hub (Iron Ore) | ||||||||||||||||||||
Iron Valley | Arid | Medium-high | 100% | Category 1 | Groundwater | 14,281 | 15,709 | 25,363 | 15,872 | - | - | |||||||||
Surface water | - | - | - | - | 129 | 0.60% | ||||||||||||||
Category 2 | Groundwater | - | - | - | - | 16,529 | 77.3% | |||||||||||||
Category 3 | Groundwater | - | - | - | - | 4 | 0.02% | |||||||||||||
Wonmunna | Semi-desert tropical | 96% | Category 1 | Groundwater | - | - | - | 154 | - | - | ||||||||||
Third party | - | - | - | - | 6 | 0.03% | ||||||||||||||
Category 2 | Groundwater | - | - | - | - | 443 | 2.07% | |||||||||||||
Lithium Commodities | ||||||||||||||||||||
Mt Marion | Semi-arid | High | 100% | Category 1 | Third party | 26 | 43 | 41 | 35 | 44 | 0.20% | |||||||||
Surface water | - | - | - | - | 9 | 0.04% | ||||||||||||||
Category 3 | Groundwater | 282 | 2,280 | 1,512 | 1,615 | 1,280 | 5.98% | |||||||||||||
Wodgina 3 | Arid | Extremely high | 85% | Category 1 | Surface water | - | - | - | - | 14 | 0.06% | |||||||||
Category 2 | Groundwater | - | - | - | - | 57 | 0.27% | |||||||||||||
Category 3 | Groundwater | 752 | 1,191 | 501 | - | 443 | 2.07% | |||||||||||||
Total water withdrawn - groundwater (total) + surface water (total) + third-party water (total) 4 | 15,531 | 19,988 | 28,486 | 18,780 | 21,391 | |||||||||||||||
Total groundwater withdrawn | 15,315 | 19,853 | 28,255 | 18,416 | 20,865 | 97.5% | ||||||||||||||
Total surface water withdrawn | - | - | - | - | 281 | 1.3% | ||||||||||||||
Total third party withdrawn | 216 | 135 | 231 | 209 | 245 | 1.1% | ||||||||||||||
1 Criteria for determining water quality categories correlates with the Mineral Council of Australia's (MCA) Water Accounting Framework with high quality water (Category 1) and low-quality water (Category 3). 2 Water sources are defined as groundwater, surface water, and third-party. Third-party water is water supplied by an entity external to the operation, such as from a municipality. MinRes has no operations that withdraw seawater. 3 Wodgina has been in care and maintenance and used insignificant volume of water in FY21. 4 Water withdrawal is water that enters the operational water system and is used to supply the operational water demands. | ||||||||||||||||||||
Note: MinRes has previously reported water metrics in abstraction volumes, FY21 we have updated to reporting as water withdrawal. | ||||||||||||||||||||
Table 2: FY22 water balance by operation, water source and water quality (ML) | ||||||||||||||||||||
Yilgarn Iron | Iron Valley | Wonmunna | Mt Marion | Wodgina | FY22 | TOTAL | ||||||||||||||
Source3 | Category 14 | Category 2 | Category 3 | Category 1 | Category 2 | Category 3 | Category 1 | Category 2 | Category 3 | Category 1 | Category 2 | Category 3 | Category 1 | Category 2 | Category 3 | Category 1 | Category 2 | Category 3 | ||
Withdrawal (input)1 | Surface water | 129 | - | - | 129 | - | - | - | - | - | 9 | - | - | 14 | - | - | 281 | - | - | 281 |
Groundwater | - | - | 2,109 | - | 16,529 | 4 | - | 443 | - | - | - | 1,280 | - | 57 | 443 | - | 17,029 | 3,836 | 20,865 | |
Third party | 196 | - | - | - | - | - | 6 | - | - | 44 | - | - | - | - | - | 245 | - | - | 245 | |
Other (pit groundwater recovery) | - | - | 36 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 36 | 36 | |
Total | 325 | - | 2,145 | 129 | 16,529 | 4 | 6 | 443 | - | 52 | - | 1,280 | 14 | 57 | 443 | 526 | 17,029 | 3,872 | 21427 | |
Discharge (output)2 | Surface water | - | - | - | 7470 | - | - | - | - | - | - | - | - | - | - | - | 7,470 | - | - | 7,470 |
Groundwater | - | - | - | 5453 | - | - | - | - | - | - | - | 102 | - | - | - | 5,453 | - | 102 | 5,555 | |
Other | ||||||||||||||||||||
Evaporation | 250 | - | 730 | 52 | 465 | - | - | 270 | - | 58 | - | 147 | 118 | - | 259 | 477 | 735 | 1,136 | 2,348 | |
Entrainment | - | - | 5 | - | - | 7 | - | - | 3 | - | - | 246 | - | - | 93 | - | - | 355 | 355 | |
Task loss | - | 101 | 137 | - | 29 | - | - | 110 | - | - | 15 | 402 | - | - | 234 | - | 255 | 772 | 1,027 | |
Total | 250 | 101 | 873 | 12,975 | 494 | 7 | - | 380 | 3 | 58 | 15 | 898 | 118 | - | 586 | 13,400 | 990 | 2,366 | 16,756 | |
1 Water withdrawal is water that enters the operational water system and is used to supply the operational water demands | ||||||||||||||||||||
2 Water discharge is water that has been removed (discharged, consumed, used or lost) after it has been used for a task | ||||||||||||||||||||
3 Water sources are defined as groundwater, surface water, and third-party. Third-party water is water supplied by an entity external to the operation, such as from a municipality. MinRes has no operations that withdraw seawater. | ||||||||||||||||||||
4 Criteria for determining water quality categories correlates with the Mineral Council of Australia's (MCA) Water Accounting Framework with high quality water (Category 1) and low-quality water (Category 3). | ||||||||||||||||||||
Table 3: FY22 water efficiency | ||||||||||||||||||||
Metric | Yilgarn Iron | Iron Valley | Marion | Wodgina | Wonmunna | TOTAL | ||||||||||||||
Total volume to tasks (ML/year) | 2665 | 24057 | 1494 | 1019 | 466 | 29701 | ||||||||||||||
Total volume of reused water (ML/year) | 11 | 1 | 147 | 43 | - | 202 | ||||||||||||||
Reuse efficiency (%) | 0 | 0 | 10 | 4 | - | 14 | ||||||||||||||
Total volume of recycled water (ML) | 51 | 7 | 15 | - | 18 | 91 | ||||||||||||||
Recycling efficiency (%) | 2 | 0 | 1 | - | 4 | 7 | ||||||||||||||
SASB EM-MM-140a.2 | Number of incidents of non-compliance associated with water quality permits, standards, and regulations | ||||||||||||||||||||
MinRes had zero incidents of non-compliance associated with water quality permits, standards and regulations. | ||||||||||||||||||||
GRI 303-4 | Water Discharge (units in Megalitres - ML) | ||||||||||||||||||||
Table 4: Water discharge for FY18 - FY22 | ||||||||||||||||||||
Operation | Water Quality | Water Stress | FY18 | FY19 | FY20 | FY21 | FY22 | |||||||||||||
Iron Valley | Freshwater1 | Medium-high | 14,581 | 13,642 | 7,706 | 4,714 | 7,470 | |||||||||||||
1 Water quality identified as freshwater with limit of Total Dissolved Solids ≤1000 mg/L, category rating as per MCA due to required treatment to meet drinking water standards. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | BIODIVERSITY | |||||
MinRes recognises the nature of our operations has the potential to impact natural habitats and ecosystems in direct and indirect ways. We work to ensure direct and indirect environmental impacts are avoided, minimised, rehabilitated and offset in alignment with the mitigation hierarchy. We are committed to responsible environmental management during all aspects of the mine lifecycle to protect the long-term health of the environments and communities where we operate. Our biodiversity performance metrics are detailed below. | ||||||
GRI 304 | Biodiversity | ||||||
Table 1: Site biodiversity status and species per IUCN Red List conservation status | ||||||
Yilgarn Hub | Pilbara Hub | Lithium Commodities | ||||
Koolyanobbing | Iron Valley | Wonmunna | Wodgina | Mt Marion | ||
Geographic Location | Yilgarn Hub is located approximately 47 km north east of Southern Cross in the Shire of Yilgarn in Western Australia | Iron Valley is located approximately 90 km north-west of Newman in the Pilbara Region of Western Australia | Wonmunna is located approximately 80km northwest of Newman and approximately 360km south of Port Hedland in the Pilbara region of Western Australia | Wodgina is located approximately 80km south of Port Hedland in the Pilbara region of Western Australia | Mt Marion is located approximately 36 km south of the City of Kalgoorlie-Boulder in the Shire of Yilgarn in Western Australia | |
Type of Operation | Iron ore mine operations including haulage on private haul road, on-site processing and train loading1 | Iron ore mine operations including on-site processing | Iron ore mine operations including on-site processing | Lithium mine operations and on-site beneficiation plant | Lithium mine operations and on-site beneficiation plant | |
Size of operational site (ha) | 4,385 | 515 | 116 | 1,148 | 736 | |
Position in relation to protected area (in the area, adjacent to, or containing portions of) or the high biodiversity value area outside protected areas | Operation is located near the Mount Manning - Helena-Aurora Ranges. | The operation is adjacent to Weeli Wolli Creek, located along the eastern boundary of the site. | Wonmunna is located approximately 26.5 km upstream of the Weeli Wolli Springs Priority Ecological Community (state listed PEC). | The operation is not located in or adjacent to any protected areas under either state or Commonwealth legislation. | The operation is not located in or adjacent to any protected areas under either state or Commonwealth legislation. | |
Rare flora are also located in the Koolyanobbing Range and the Windarling Range. | ||||||
Biodiversity value characterised by the attribute of the protected area or area of high biodiversity value outside the protected area (terrestrial, freshwater, or maritime ecosystem) | Terrestrial | Freshwater | N/A | N/A | N/A | |
Biodiversity value characterised by listing of protected status (such as IUCN Protected Area Management Categories, Ramsar Convention, national legislation) | Conservation park that is part of Australia's National Reserve System (NRS) | Priority 1 Ecological Community under the Biodiversity Conservation Act 2016. | Priority 1 Ecological Community under the Biodiversity Conservation Act 2016. | N/A | N/A | |
Table 2: Number of IUCN Red List species and national conservation list species with habitats in areas affected by the operations of the organisation, by level of extinction risk | ||||||
Yilgarn Hub | Pilbara Hub | Lithium Commodities | ||||
Koolyanobbing 1 | Iron Valley | Wonmunna | Wodgina | Mt Marion | ||
International Union for Conservation of Nature (IUCN) Red List 2 | Critically endangered | 0 | 0 | 0 | 0 | 0 |
Endangered | 17 | 2 | 1 | 3 | 3 | |
Vulnerable | 27 | 2 | 2 | 5 | 5 | |
Near Threatened | 12 | 3 | 3 | 13 | 9 | |
Least Concern | 456 | 392 | 393 | 458 | 354 | |
National Conservation list - Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) 3 | Critically endangered | 1 | 0 | 0 | 0 | 0 |
Endangered | 2 | 2 | 0 | 1 | 0 | |
Vulnerable | 2 | 1 | 0 | 4 | 1 | |
1 Koolyanobbing, Mt Jackson, Windarling and Deception are connected by a private haul road. Our Carina operations (Carina and J4) which form part of the 'Yilgarn' hub are connected to the Koolyanobbing operations via the private J4 haul road. Parker Range is connected by the public road network to Koolyanobbing and by a private road to Carina. A private haul road linking Parker Range and Koolyanobbing is currently under assessment with Environmental Protection Authority (EPA)/Department of Agriculture, Water and the Environment (DAWE). 2 Species distributions for IUCN listed species were downloaded from the Integrated Biodiversity Assessment Tool in August 2021. ArcGIS was utilised to identify all species with habitat that occur within MinRes operational areas. 3 Number of EPBC Act listed species with potential habitat in the area of MinRes operations were attained through state of Western Australia Department of Biodiversity, Conservation and Attractions (DBCA) habitat searches cross referenced to the EPBC Act listing to indicate species of national conservation. Where site specific biodiversity survey and impact assessment information was available, it was utilised to complement the database information. increase / decrease from previous financial year as a result of updated GIS spatial data increasing or changing operational footprint resulting in additional species and/or as a result of Flora & Fauna study verification. | ||||||
LAND MANAGEMENT | ||||||
GRI G4 - MM1 | Environmental disclosures for the mining and metals sector - amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated | ||||||
Table 3: Cumulative land disturbance and rehabilitation information for FY19-FY22 consolidated for all MinRes tenements | ||||||
Land disturbed (ha)1 | Land under rehabilitation (ha)1 | |||||
Operation | FY20 | FY21 | FY22 | FY20 | FY21 | FY22 |
Yilgarn Hub (Iron Ore)2 | ||||||
3,374 | 3,519 | 3,710 | 725 | 720 | 766 | |
Pilbara Hub (Iron Ore) | ||||||
Iron Valley3 | 494 | 515 | 556 | 3 | 3 | 6 |
Wonmunna | 0 | 116 | 315 | 0 | 0 | 0 |
Lithium Commodities | ||||||
Mt Marion3 | 628 | 634 | 686 | 33 | 50 | 50 |
Wodgina1,3 | 909 | 909 | 862 | 395 | 395 | 395 |
Total | 5405 | 5,693 | 6,130 | 1156 | 1168 | 1217 |
1 | Decreases in land rehabilitation may be attributed to re-disturbance as a result of internal/external survey audits. | |||||
2 | The Yilgarn Hub (Iron Ore) FY20-FY21 figures have been restated due to an update of the reporting boundary in FY22 to capture Carina in addition to Koolyanobbing and Parker Range. | |||||
3 | FY20-FY21 Iron Valley, Mt Marion and Wodgina rehabilitation restated following a review of historical rehabilitation activities in FY22. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | WASTE & TAILINGS | ||||||
We are committed to appropriately managing and reducing waste generated from our operations and sites. Our mining operations generate mining-related waste including waste rock and tailings, and non-mineral waste streams in the form of general waste, comingled recycling, construction and demolition, tyres and rubber, and hazardous waste types including liquid, solid and septic waste. To ensure waste is appropriately managed, MinRes monitors and reports on all hazardous and non-hazardous waste streams in accordance with the Waste Avoidance and Resource Recovery Act 2007 and landfill licence conditions issued by the Department of Water and Environmental Regulation. Our waste performance metrics are detailed below. | |||||||
GRI 306 | Waste | |||||||
GRI G4 - EN23 | Effluents and Waste | |||||||
Table 1: Waste rock | |||||||
Unit '000 WMT | |||||||
Operation | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | |
Yilgarn Hub (Iron Ore) | Koolyanobbing | 24,726 | 7,870 | 13,582 | 38,765 | 51,301 | 51,553 |
Pilbara Hub (Iron Ore) | Iron Valley | 6,407 | 8,960 | 10,909 | 11,177 | 28,816 | 20,205 |
Wonmunna | - | - | - | - | 3,603 | 14,791 | |
Lithium Commodities | Mt Marion | 5,583 | 19,615 | 18,980 | 25,401 | 27,654 | 29,196 |
Wodgina | 1,554 | 26,159 | 4,768 | 1,540 | 176 | 609 | |
Total | 38271 | 62605 | 48240 | 76883 | 111,549 | 116,356 | |
Table 2: Non-Mineral Waste (tonnes) | |||||||
Waste Type (tonnes) | FY18 | FY19 | FY20 | FY21 | FY22 | Disposal method | |
Non-hazardous waste1 | |||||||
General waste | 2480 | 1,898 | 2,322 | 1,801 | 3,369 | Landfill | |
Comingled waste | 43 | 54 | 47 | 44 | 219 | Recycling | |
Construction & demolition waste | 186 | 230.44 | 103.49 | 25.4486 | 83 | Recycling | |
Tyres & rubber | 1001 | 1,092 | 355 | 630 | 1,275 | Landfill | |
Liquid waste | - | - | - | - | 7 | Treatment and Disposal | |
Solid waste | - | - | - | - | 0.15 | Recycling | |
Scrap metal recycled (AAA) | 1,340.67 | Recycling | |||||
Sub total | 3710 | 3,275 | 2,828 | 2,501 | 6,294 | ||
Hazardous waste2 | |||||||
Liquid waste | 731 | 742 | 875 | 1,370 | 1,716 | Recycling | |
Solid waste | 14 | 14 | 14 | 130 | 607 | Treatment and Disposal | |
Septic waste | 101,824 | 86,919 | 83,745 | 108,645 | 143,153 | Treatment and Disposal | |
Sub total | 102,569 | 87,675 | 84,634 | 110,145 | 145,475 | ||
Total 3 | 106,279 | 90,950 | 87,462 | 112,647 | 151,769 | ||
1 A reclassification of general and comingled waste and the inclusion of a construction and demolition waste category was undertaken in FY21. This was done to improve non-hazardous waste disclosure. 2 Hazardous waste streams further refined with the inclusion of liquid, solid and septic waste classifications to improve hazardous waste disclosure. Septic waste includes the treatment and disposal of wastewater both on and off site. 3 Revised conversion factors have been applied to hazardous waste data in FY21 as per Waste Avoidance and Resource Recovery Regulations 2008 | |||||||
G4 - MM3 | Total amounts of overburden, rock, tailings, and sludges and their associated risks | |||||||
Table 3: Total amounts of overburden, rock, tailings and sludges for FY18 - FY22 | |||||||
Operation | FY18 | FY19 | FY20 | FY21 | FY22 | ||
Mt Marion | 508,132 | 736,563 | 935,020 | 1,702,954 | 1,821,103 | ||
Wodgina1 | - | 131,591 | 414,879 | - 0 | - | ||
Total | 508,132 | 868,154 | 1,349,899 | 1,702,954 | 1,821,103 | ||
1 No tailings generated at Wodgina operation in FY18 & FY21 | |||||||
SASB EM-MM-160a.2 | Percentage of mine sites where acid rock drainage (ARD) is: (1) predicted to occur, (2) actively mitigated, and (3) under treatment or remediation | |||||||
Table 4: Acid Rock Drainage potential risk across operations | |||||||
Acid Rock Drainage Potential Risk | Operation | Predicted to occur | Actively mitigated | Under treatment or remediation | |||
Comment | |||||||
Yilgarn Hub (Iron Ore) | Koolyanobbing | No | 100% | No | Carina ceased mining in 2018 | ||
Pilbara Hub (Iron Ore) | Iron Valley | No | No | No | No | ||
Wonmunna | No | No | No | No | |||
Lithium Commodities | Mt Marion | No | No | No | No | ||
Wodgina | No | 100% | No | - | |||
G4 - MM8 | Number (and percentage) of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site; the associated risks and the actions taken to manage and mitigate these risks | |||||||
MinRes has 0 operations (0%) where artisanal and small scale mining (ASM) takes place on, or adjacent to the site. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | TAILINGS FACILITY REGISTER | |||||||
Mine tailings - the fine-grained waste rock material discharged as a by-product of ore processing - is our largest stream of waste generated during operations. Tailings management is a critical part of managing the risks of the waste produced from the mining process. These risks can range from potential consequences of a Tailings Storage Facility (TSF) failure through to groundwater impact due to seepage. MinRes prioritises the safety of a TSF through all phases of the life cycle with consideration of many factors through project conception, planning, design, construction, operation, closure and post closure. We are committed to operating in line with the 15 principles and 77 requirements set out by the Global Industry Standard on Tailings Management (GISTM) published by the International Council on Mining and Metals (ICMM), the United Nations Environment Program (UNEP), and the Principles for Responsible Investment (PRI). See our Tailings Facility Register below. | ||||||||
Table 1: Tailings Facility Register | ||||||||
Tailings Dam Name/identifier | Please identify every tailings storage facility and identify if there are multiple dams (saddle or secondary dams) within that facility. Please provide details of these within question 20. | Coobina TSF 1 | Wodgina TSF1 | Wodgina TSF2 | Wodgina TSF3 | Wodgina TSF3E | Mt Marion GCB | Koolyanobbing in-pit TSF |
Country | Australia | Australia | Australia | Australia | Australia | Australia | Australia | |
Mine | Coobina Chromite Mine | Wodgina | Wodgina | Wodgina | Wodgina | Mt Marion | Albemarle's Lithium Process Plant | |
Location | -23.504 120.274 | -21.18138 118.67333 | -21.18083 118.67944 | -21.187777 118.663888 | -21.1841528 118.6648972 | -31.08083 121.4325 | -30.843 119.550 | |
Ownership | Pilbara Chromite Pty Ltd | MARBL Lithium Operations Pty Ltd | MARBL Lithium Operations Pty Ltd | MARBL Lithium Operations Pty Ltd | MARBL Lithium Operations Pty Ltd | Reed Industrial Minerals Pty Ltd | Yilgarn Iron Ore Pty Ltd | |
Status | Care and maintenance | Closed - Decommissioned | Closed - Decommissioned | Closed - Inactive | Active | Active | Planned | |
Date of initial operation | 2008 | Unknown | Unknown | Unknown | Apr-19 | Jul-16 | Jul-05 | |
Dam currently operated or closed as per currently approved design | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
Raising method | None | Landform | Landform | Landform | Landform | In pit | Dry Stacking with controlled compaction | |
Current Maximum Height (m) | 3.5 | Unknown | Unknown | 27 | 16 | 37 | 42 | |
Current Tailings Storage Impoundment Volume (m3) | Unknown | Unknown | Unknown | 10380365 | 218588 | Tailings deposited in ghost crab pit to Mar 2019 was approx. 1.9 million m3 of a dam capacity of approx. 7.5million m3 | Current 250,000m³ Design 350,000m³ | |
Planned Tailings Storage Impoundment Volume in 5 years' time (m3) | Unknown | N/A | N/A | 10380365 | 2400000 No change based on Care & Maintenance status of Wodgina | Total Tailings deposited in ghost crab pit in 5 years will be approx. 3.8 million m3 of a dam capacity of approx. of 7.5million m3 | 350,000 | |
Most recent Independent Expert Review | Environmental 2000 | Jun-21 | Jun-21 | Jun-21 | Jun-21 | Jun-21 | N/A (Planned) | |
Do you have full and complete relevant engineering records including design, construction, operation, maintenance and/or closure? | Yes | No | No | No | Yes | Yes | Yes | |
What is your hazard categorisation of this facility, based on consequence of failure? | Low | Low | Low | Low | Low | Low | Low | |
What guideline do you follow for the classification system? | Guidelines on the Safe Design and Operating Standards for Tailings Storage DoIR May 1999 | MinRes Risk Matrix | MinRes Risk Matrix | MinRes Risk Matrix | MinRes Risk Matrix | TSF code of practice (WA DMP 2013) | ANCOLD 1019 | |
Has this facility, at any point in its history, failed to be confirmed or certified as stable, or experienced notable stability concerns, as identified by an independent engineer (even if later certified as stable by the same or a different firm)? | No | No | No | No | No | No | No | |
Do you have internal/in house engineering specialist oversight of this facility? Or do you have external engineering support for this purpose? | Internal & External | Internal | Internal | Internal | Internal | Internal & External | External engineering support | |
Has a formal analysis of the downstream impact on communities, ecosystems and critical infrastructure in the event of catastrophic failure been undertaken and to reflect final conditions? If so, when did this assessment take place? | No | Yes | Yes | Yes | Yes | N/A | N/A | |
Is there a) a closure plan in place for this dam, and b) does it include long term monitoring? | a) Yes b) No | a) Yes b) No | a) Yes b) No | a) Yes b) No | a) Yes b) Yes | a) Yes b) Yes | a) Yes b) No | |
Have you, or do you plan to assess your tailings facilities against the impact of more regular extreme weather events as a result of climate change, e.g. over the next two years? | No | No | No | No | Yes | Yes | No | |
Any other relevant information and supporting documentation. Please state if you have omitted any other exposure to tailings facilities through any joint ventures you may have. | Q19: Inactive and stable | Q19: Closed, encapsulated and stable Q8,9,10: No information available from previous owner | Q19: Closed, encapsulated and stable Q8,9,10: No information available from previous owner | Q19: Closed and stable Q 8,9,10: No information available from previous owner | Q19 - assessed against a 1 in 100 year event | Q17: in pit tailings Q19 - assessed against a 1 in 100 year event | Planned Talings Storage Facility - Tailings' source is the Albemarle Lithium Hydroxide Plant in Kemerton, Western Australia. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | CLIMATE CHANGE RISKS AND OPPORTUNITIES | ||||||
Climate change presents opportunities and risks for MinRes. Our innovative capabilities as a mining services provider positions us well to respond to climate change drivers by developing energy efficient materials handling solutions at our operations and displacing diesel fuel usage. Using the TCFD recommendations, climate-related risks are characterised as either physical risks relating to the physical impacts of climate change, or transition risks related to the risks associated with transitioning to a lower-carbon economy. Climate-related opportunities are characterised in line with resource efficiency, energy source, product or service, market or resilience opportunities. MinRes identifies and assesses climate-related risks and opportunities through the following activities: · Assessed physical climate information and projections for Australia for the areas where MinRes' operations are located. This includes a series of climate-indicators for 2030 and 2050 under Scenario 1, 2 and 3, including review of average temperature increases, maximum temperature increases, rainfall, days above 35°C and 99.9 percentile rainfall days · Climate focused workshops and interviews engaging management, senior executives and subject matter experts across both corporate and operations to identify climate-related risks and opportunities · Embedded quarterly risk assessment workshops to survey and review and rank likelihood and consequence of the identified climate-related risks, using MinRes' enterprise risk-rating matrix The financial consequences of minor risks are set at less than 2 per cent of EBITDA or cash flow; with the financial consequence of critical risks set at over 10 per cent of EBITDA or cashflow, announceable to the Australian Stock Exchange. From a likelihood perspective, risks are rated from almost certain, where the event has a greater than 85 per cent expected probability of occurring (may occur throughout a year) to rare less than 10 per cent expected probability (occur once in more than 20 years). The outcome of this process is a list of identified climate-related risks and opportunities, detailed in the tables below. | |||||||
Table 1: Climate-related Risks | |||||||
Risk | Most relevant scenario | Risk Description | Potential Financial Consequence | Consequence | Likelihood | Severity | Potential Financial Impact |
PHYSICAL - ACUTE | |||||||
Extreme events | · Current Trajectory (More likely) · Paris Aligned (Likely) · Net Zero Trajectory (Likely) | Changes to the intensity and frequency of extreme events such as cyclones, floods and fire events has the potential to increase the risk of damage to MinRes' facilities and existing infrastructure such as access roads, rail lines and port facilities. This has the potential to impact construction and development of new facilities and infrastructure, which may result in interruptions and delays to business operations, disruptions to supply chains, transportation and logistics (such as rail and shipping schedules) as well as potential harm to the health and safety of the MinRes workforce. disruptions to supply chains, transportation and logistics (such as rail and shipping schedules) as well as potential harm to the health and safety of the MinRes workforce. | · Increased operating costs and capital costs · Reduced revenue from decreased production capacity · Reduced revenue and higher costs from negative impacts on employees · Shortened asset mine life · Increased insurance premiums and potentially reduced availability on assets in high-risk locations | Minor | Possible | Low | >2% and <5% of EBITDA or cash flow |
PHYSICAL - CHRONIC | |||||||
Average and maximum temperatures | · Current Trajectory (More likely) · Paris Aligned (Likely) · Net Zero Trajectory (Less likely) | Climate change is likely to cause an increase in the long-term average and maximum temperatures in areas of MinRes operations, including construction projects. This increases the risks associated with employee health and safety due to more extreme-heat days and longer-term exposure to higher temperatures. This may also result in health and safety impacts on the workforce due to heat stress and/or require alterations to current rostering schedules, which may increase operational costs. Higher temperatures may also necessitate increased air conditioning for cooling of offices and buildings resulting in increased energy cost and GHG emissions. | · Increased operating costs and capital costs · Reduced revenue from decreased production capacity · Policy and legal risks intensified | Minor | Possible | Low | >2% and <5% of EBITDA or cash flow |
Water | · Current Trajectory (More likely) · Paris Aligned (Likely) · Net Zero Trajectory (Less likely) | Climate change will result in increased temperatures and reduced rainfall where MinRes operates with Utah Point Hub, Ashburton Hub and South West Creek Hub operations rainfall potentially decreasing by 1.5 per cent to 6 per cent under differing scenarios. This increases the risk associated with water availability and quality for MinRes operations. While water risks vary across the locations where MinRes operates, this risk may result in the costly import of water into certain locations unless recycling rates can be increased. If extreme climatic events do get worse with increased water stress, floods, droughts, sea level rises as predicted by the climate models, further pro-active management and mitigation measures may have to be taken to ensure that operations do not experience business interruption and loss of production. Water related infrastructure, such as water supply reservoirs, dam spillways and river levees, have been designed for historic rainfall patterns. Upgrading this infrastructure to cope with increased flooding and drought may be required if weather patterns change. | · Increased operating costs and capital costs | Minor | Possible | Low | >2% and <5% of EBITDA or cash flow |
TRANSITION - POLICY AND LEGAL | |||||||
Carbon Pricing | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | In response to climate change, governments will seek to reduce emissions from industry through the implementation of rapidly rising carbon pricing mechanisms, such as emission trading schemes or a carbon tax. The world is transitioning to a blanket carbon price estimated by the High-Level Commission on Carbon Prices to reach $50 -$100 USD per tonne by 203015 (where carbon cost pass through is normal practice). This change presents a risk as there may be a period when increased carbon costs cannot be passed through to customers. In November 2021, the UN Climate Change Conference (COP26), which is part of the United Nations Framework Convention on Climate Change, will seek a resolution to Article 6 of the Paris Agreement which entails promotion of integrated, holistic and balanced approaches to assist governments in implementing their nationally determined contributions, or nationally determined contributions, through voluntary international co-operation. If adopted, this may result in increased costs to MinRes, as well as potential adverse impacts on reputation, future business opportunities and business growth. | · Increased operating costs · Increased costs and/or reduced demand for products and services · Legal fines and costs | Minimal | Likely | Low | <2% of EBITDA or cash flow |
Increased data collection and reporting requirements | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | Governments, regulatory bodies and other interested stakeholders are responding to climate change by seeking increased disclosure of GHG emissions from industry. This poses a risk that the calculation and disclosure of Scope 3 emissions (non-operational emissions associated with upstream and downstream activities) may become mandatory. This would place increased data collection and reporting and resourcing requirements on MinRes. | · Increased operating costs · Increased costs and/or reduced demand for products and services | Major | Unlikley | High | >7% and <10% of EBITDA or cash flow |
Supply chain management | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | As the global economy seeks to address climate change, organisations unable to manage climate risks and decarbonise may not meet customer, supplier or stakeholder hurdle requirements in their procurement, supply or support practices and policies. This may pose potential adverse impacts on MinRes' reputation, supply chain and market perceptions; as well as potentially limit future business. | · Increased operating costs · Increased costs and/or reduced demand for products and services | Minimal | Likely | Low | <2% of EBITDA or cash flow |
Natural gas/Liquefied natural gas (LNG) | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | Low-carbon renewable energy and storage technologies have the potential to produce lower cost energy than higher emission alternatives. This poses a risk of reduced value associated with MinRes' natural gas assets. This may result in potential adverse financial impacts, loss of business opportunities and adverse impacts on market perception. | · Increased operating costs · Increased costs and/or reduced demand for products and services | Major | Possible | High | >7% and <10% of EBITDA or cash flow |
TRANSITION - TECHNOLOGY | |||||||
Changing consumer and customer demand | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | As the global economy seeks to address climate change, there is a risk that emission intensive products, such as iron ore, may suffer from reduced demand. This may negatively affect demand for MinRes products and services, resulting in adverse financial impacts, loss of business opportunities, impact on market perception and business growth. | · Reduced demand for products/services · R&D expenditures in new and alternative technology · Capital investments in technology development · Costs to adopt/ deploy new practices / processes. | Moderate | Possible | Medium | >5% and <7% of EBITDA or cash flow |
Product substitution | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | Policies introduced to manage climate change may result in price increases in core MinRes products, such as iron ore. This poses a risk of product substitution and increased levels of recycling (e.g., scrap, plastics, titanium). This may reduce demand for iron ore and MinRes services, potentially creating an adverse impact on MinRes' financial position and an impact on market perceptions. | · Reduced demand for products/services · R&D expenditures in new and alternative technology · Capital investments in technology development · Costs to adopt/ deploy new practices / processes. | Critical | Possible | Very High | >10% of EBITDA or cash flow, announceable to the ASX |
TRANSITION - MARKET | |||||||
Scrutiny and activism | · Net Zero Trajectory (More Likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | As the global economy seeks to address climate change, there is an increasing risk that organisations unable to manage climate risk and decarbonise will be subject to scrutiny by a range of stakeholders including governments, investors, non-government organisations (NGOs) and communities. This may negatively affect MinRes' reputation, its ability to attract new business opportunities and its ability to attract and retain talent. Investor activism is increasing and year on year the sector is experiencing an increasing pressure on the world's major energy firms to transform their businesses. | · Reduced demand for goods/services due to shifted customer preference · Increased production costs due to changing input prices and output requirements · Change in revenue mix/sources resulting in decreased revenues | Major | Unlikely | High | >7% and <10% of EBITDA or cash flow |
TRANSITION - REPUTATION | |||||||
Cost of capital | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | As the global economy seeks to address climate change, there is a risk that organisations unable to manage climate risk and decarbonise will be subject to increased costs of capital as investors and financial organisations seek to manage climate risk within their portfolio. Potential impacts of this include a damage to reputation, impact on market perceptions, increased financial costs and potential loss of business opportunities. | · Reduction in capital availability · Increased operating and capital costs · Policy and legal risks intensified | Major | Unlikley | High | >7% and <10% of EBITDA or cash flow |
Table 2: Climate-related Opportunities | |||||||
Opportunity | Most relevant scenario | Opportunity Description | Potential Financial Impact | ||||
Resource Efficiency | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Likely) · Net Zero Trajectory/Current Trajectory and Paris Aligned (Equally likely) | Operational efficiency: Driving decarbonisation through operational efficiency will play a key role in mitigating climate change. Energy savings in diesel consumption can be gained through activities such as improved payload management, idle time management and logistics and haulage optimisation. These activities are an opportunity to return economic value while also reducing air pollutants emitted from construction and mining operations. Generating greater income or returns for the same or lower cost than an alternative may present commercial advantage to MinRes. Water: Long-term climate change has the potential to impact water availability and quality. As such, demonstrated efficiency in water use and management may provide enhanced corporate reputation and/or investor ratings and new business opportunities and commercial advantage to MinRes. | · New and diverse revenue streams · Reduction in operation costs | ||||
Energy Source | · Net Zero Trajectory (More likely) · Paris Aligned (More Likely) · Current Trajectory (Likely) | Diesel displacement: As the focus on addressing climate change increases, emission intensive fuels, such as diesel, will be increasingly under the spotlight. The current industry reliance on diesel for remote mining operations provides a specific opportunity for lower-emission energy sources, such as gas, to be used more extensively. This may present an opportunity for MinRes to develop solutions for its own operations and customers, providing alternative revenue streams. This may strengthen MinRes' competitive advantage, enhance its corporate reputation and allow for the development of new business opportunities Electrification: Addressing climate change will drive coordinated efforts for large scale electrification in the mining industry. Opportunities to replace a significant volume of fossil fuels on our mine sites will result in lowering energy costs and emissions. Additionally, if renewable electricity is consumed, the greenhouse-gas emissions lower significantly. Solar and battery: In all three climate scenarios, large-scale solar and battery is expected to perform well as a micro-grid energy solution that is becoming increasingly commercially viable to support decarbonisation. MinRes can reduce its operational reliance on diesel power plants through solar, while reducing costs and increasing reliability of energy supply. In September 2020, MinRes acquired Wonmunna iron ore mine, and with consideration of a carbon price, has commenced rollout of a 2.1MW solar array along with a battery storage facility, to be commissioned in under two years from project onboarding. Energy storage: Renewable energy technology and electric vehicles will drive increased battery demand for energy storage under both the Net Zero Trajectory and Paris Aligned pathway scenarios. Energy storage supports solar and wind power enabling full potential gains of the energy generated. As the world's demand for electric vehicles and energy storage grows, this could increase demand for MinRes' lithium product which has a significant application in batteries. Hydrogen: Renewable hydrogen-based fuels are projected to form part of Australia's energy mix to help drive down emissions and provide an opportunity to build a competitive export industry. The Low Emissions Technology Statement has set the goal for hydrogen production below AUD$2 per kilogram and the Government's National Hydrogen Strategy sets the vision for commercial renewable hydrogen exports by 2030. As technology evolves, MinRes will canvas opportunities to adopt new technology once commercial scalability has been achieved. Wind power: Is currently one of the most cost-effective sources of large-scale renewable energy. Potential opportunities exist for MinRes to advance into this sector of renewables with onboarding of future assets. Geothermal: Provides an opportunity for baseload power sourced from the production of hot water from sedimentary aquifers at depth, where production can be sustained over time. Geothermal is an emerging industry in Australia. It has been estimated Australia's total energy requirements for 26,000 years could be supplied by one per cent of the geothermal resources at less than five kilometres in depth and at temperatures greater than 150°C (Geoscience Australia, 2021) . | · Reduction in operation costs · Increased productivity | ||||
Products and services | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | Natural gas/LNG: Our short-term transitionary decarbonisation efforts will include gas alternatives. Our wholly owned subsidiary, Energy Resources Limited (ERL), continues to identify and explore opportunities to develop and secure low-cost gas solutions to support the growth and development of MinRes and the broader resource industry and communities in Western Australia Demand for lower carbon goods and services: As the world transitions to a lower-emission economy, the drive for resource and carbon efficiency will increase the demand for alternative light-weight products in mining operations such as carbon fibre mining components. This provides potential for MinRes to identify opportunities to invest in and utilise emerging technologies applicable to the mining sector. MinRes' portfolio is aimed at enabling a low carbon future with our lithium resources to assist in indirectly reducing energy consumption and environmental impacts. MinRes' Board is committed to no investments in thermal coal. Mining innovation: MinRes has a strong internal capability across business divisions to be able to implement highly technical solutions. Leveraging understanding of the requirements of a net zero transition will support the provision of services to brownfields and new greenfield clients, while continuing to drive innovation through our carbon fibre technologies, our NextGen crushing technology and jumbo road train automation. | · Diversified portfolio · Reduction in operation costs | ||||
Markets | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | Diversifying our portfolio: MinRes is well positioned as an enabler of a low-carbon economy, including our lithium operations supporting the transition to a low-carbon future. MinRes is set to benefit from potential additional demand projected under all scenarios over the next 30 years. Carbon pricing: In response to climate change, governments will seek to reduce emissions from industry through the implementation of rapidly rising carbon pricing mechanisms, such as emission trading schemes or a carbon tax. MinRes anticipates adoption will be accelerated under a Net Zero Trajectory scenario. While there is a level of risk assumed under different carbon pricing and regulatory scenarios, such as those described in Table XX, the opportunity exists to improve MinRes' competitive position given our GHG emissions performance compared to our peers and our practical strategy in place to enable net zero by 2050. | |||||
Resilience | · Net Zero Trajectory (More likely) · Paris Aligned (Likely) · Current Trajectory (Less likely) | Design for net zero: Planned greenfield operations dominate MinRes' future emissions profile and commissioning these new operations provides a unique opportunity to design them as 'net zero ready'. Early consideration of future potential infrastructure and operational characteristics required for a net zero mine prevents the lock-in of high emissions equipment. Insights from the energy analysis at MinRes' existing sites, applied to our planned greenfield sites where the design can be modified to optimise the energy use and productivity, provides an opportunity for MinRes to increase resilience of its operations and services under a changing climate. This may result in enhanced competitive advantage over the long term and reduced capital expenditure on climate change adaptation. | · Diversification of revenue streams | ||||
1 Geoscience Australia, 2021. Geothermal Energy Resources. Available: https://www.ga.gov.au/scientific-topics/energy/resources/geothermal-energy-resources |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | ENERGY CONSUMPTION | ||||||||||
Energy is a critical input into our business operations and makes a significant contribution to our operational Scope 1 and 2 greenhouse gas emissions. | |||||||||||
Our energy performance metrics are detailed below. | |||||||||||
GRI 302-1 | Energy consumption within the organisation | |||||||||||
SASB | EM-MM-130a.1. Energy management | |||||||||||
Table 1: Total energy consumption FY18 - FY22 | |||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | % Total energy consumption | ||||||
GJ | MWh | GJ | MWh | GJ | MWh | GJ | MWh | GJ | MWh | ||
Non-renewable fuel consumption | |||||||||||
Natural gas1 | 149,274 | 41,465 | 233,215 | 64,782 | 236,596 | 65,721 | - 0 | - 0 | 39 | 11 | 0% |
Diesel fuel - non-transport (excavators, cranes, forklifts) | 1,980,188 | 550,052 | 2,055,943 | 571,095 | 2,338,113 | 649,476 | 3,545,755 | 984,932 | 3,805,466 | 1,057,074 | 76% |
Diesel fuel - electricity generation | 129,678 | 36,022 | 136,119 | 37,811 | 142,958 | 39,711 | 216,864 | 60,240 | 316,672 | 87,964 | 6% |
Diesel fuel - transport | 475,161 | 131,989 | 422,880 | 117,467 | 293,288 | 81,469 | 208,258 | 57,849 | 290,361 | 80,656 | 6% |
LNG | 329,367 | 91,491 | 429,662 | 119,351 | 364,018 | 101,116 | 327,603 | 91,001 | 328,407 | 91,224 | 7% |
Petrol | 1,974 | 548 | 1,679 | 466 | 1,189 | 330 | 1,596 | 443 | 1,147 | 319 | 0% |
Oils and greases | 29,679 | 8,244 | 22,806 | 6,335 | 43,123 | 11,979 | 40,486 | 11,246 | 70,778 | 19,661 | 1% |
LPG and acetylene | - 0 | - 0 | 38 | 11 | 793 | 220 | 1,229 | 341 | 1,227 | 341 | 0% |
Total non-renewable fuel consumption | 3,095,321 | 859,811 | 3,302,342 | 917,317 | 3,420,078 | 950,022 | 4,341,791 | 1,206,053 | 4,814,097 | 1,337,249 | 96% |
Other non-renewable fuel consumption | |||||||||||
Unprocessed natural gas | 5,850 | 1,625 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 143,576 | 39,882 | 3% |
Natural gas condensate | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 2,563 | 712 | 0% |
Diesel - explosives | 41,965 | 11,657 | 21,995 | 6,110 | 50,925 | 14,146 | 61,386 | 17,052 | 40,269 | 11,186 | 1% |
Non-lubricant oils | 5,594 | 1,554 | 5,891 | 1,636 | 4,967 | 1,380 | 4,623 | 1,284 | 6,412 | 1,781 | 0% |
Total other consumption | 53,409 | 14,836 | 27,886 | 7,746 | 55,892 | 15,526 | 66,009 | 18,336 | 192,820 | 53,561 | 4% |
Electricity consumption | |||||||||||
Purchased electricity consumption | 11,435 | 3,176 | 12,202 | 3,389 | 10,004 | 2,779 | 10,580 | 2,939 | 16,066 | 4,463 | 0% |
Self-generated solar PV electricity consumption | 2,840 | 789 | 3,271 | 909 | 2,947 | 819 | 2,780 | 772 | 2,736 | 760 | 0% |
Total electricity consumption | 14,275 | 3,965 | 15,473 | 4,298 | 12,951 | 3,598 | 13,360 | 3,711 | 18,802 | 5,223 | 0% |
Electricity sold | |||||||||||
Gross solar PV self-generation | 3,285 | 913 | 3,632 | 1,009 | 3,712 | 1,031 | 3,462 | 962 | 3,499 | 972 | 0% |
Self-generated solar PV electricity not consumed | 445 | 124 | 361 | 100 | 765 | 213 | 682 | 189 | 763 | 212 | 0% |
Solar PV electricity sold | 445 | 124 | 361 | 100 | 765 | 213 | 682 | 189 | 763 | 212 | 0% |
Total net energy consumption with the organisation2 | 3,163,005 | 878,613 | 3,345,701 | 929,361 | 3,488,921 | 969,145 | 4,421,160 | 1,228,100 | 5,025,719 | 1,396,033 | 100% |
1 Natural gas is not reported in FY21 due to a change in the operational control of Wodgina. FY22 Natural Gas related to pipeline natural gas for 20 Walters Drive | |||||||||||
2 As a result of rounding, figures for individual fuel types may not add up to the stated total. | |||||||||||
3 Consumption of fuel excludes feedstocks and is in higher heating value (HHV) | |||||||||||
4 Energy consumption reporting approach has been updated in FY22, resulting in a restatement for financial years 2018 - 2021. Increase in the total energy consumption reported is attributed to addition of unprocessed natural gas and diesel-explosives. Non-lubricant oils have further been reclassified as 'other non-renewable fuel consumption'. | |||||||||||
Note: none of MinRes' crushing and processes uses heat, steam or cooling. | |||||||||||
Table 2: Total energy generation FY18 - FY22 | |||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | |||||||
GJ | MWh | GJ | MWh | GJ | MWh | GJ | MWh | GJ | MWh | ||
Gross generation from renewable (solar PV before export)1 | 3,285 | 913 | 3,632 | 1,009 | 3,712 | 1,031 | 3,462 | 962 | 3,499 | 972 | |
Generation from renewable that is consumed (Solar PV)2 | 2,840 | 789 | 3,271 | 909 | 2,947 | 819 | 2,780 | 772 | 2,736 | 760 | |
Generation that is consumed by organisation3 | 241,205 | 67,001 | 216,662 | 60,184 | 232,425 | 64,563 | 181,312 | 50,364 | 223,239 | 62,011 | |
Total gross generation 4 | 241,650 | 67,125 | 217,023 | 60,284 | 233,190 | 64,775 | 181,994 | 50,554 | 224,002 | 62,223 | |
1 This is total solar PV generation | |||||||||||
2 This is solar PV consumed (Total generation - exports) | |||||||||||
3 This includes onsite generation (non-renewable) plus solar PV consumed by organisation | |||||||||||
4 This includes onsite generation (non-renewable) plus solar PV gross generation (before export). The organisation has nill generation or consumption of heat, steam and cooling. | |||||||||||
Table 3: Total operational energy spend FY18 - FY22 ($) | |||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | |||||||
Fuel and diesel | -70,434,000 | -71,102,521 | -94,072,800 | -104,577,612 | -169,490,865 | ||||||
Rebate - diesel fuel | 24,951,000 | 20,990,780 | 32,700,925 | 40,640,826 | 51,496,460 | ||||||
Electricity | -749,000 | -742,215 | -701,174 | -833,980 | -969,978 | ||||||
Total energy spend | -46,232,000 | -50,853,956 | -62,073,049 | -64,770,766 | -118,964,383 | ||||||
Total operating expenses | -1,131,490,000 | -1,134,220,403 | -1,430,465,022 | -1,795,823,474 | -2,804,090,057 | ||||||
% | 4.1% | 4.5% | 4.3% | 3.6% | 4.2% |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | GREENHOUSE GAS EMISSIONS | |||||||||
Our GHG emissions are directly related to our energy use and growth of our operations. MinRes calculates its direct (Scope 1) and energy indirect (Scope 2) GHG emissions for entities under its operational control in alignment with the GHG Protocol and the Australian National Greenhouse and Energy Reporting Act (2007). | ||||||||||
Our GHG emissions performance metrics are detailed below. | ||||||||||
GRI 305-1 and 305-2: Emissions | ||||||||||
SASB | EM-MM-110a.1. Greenhouse Gas | ||||||||||
Table 1: Scope 1 and 2 greenhouse gas emissions1 | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | % of total emissions FY22 | % Change FY21 to FY22 | Conversion factors | |||
Scope 1 emissions (tCO2e) | 215,726 | 195,034 | 222,978 | 296,343 | 337,489 | 99% | 14% | GJ | 277.78 | kWh |
Scope 2 emissions (tCO2e) | 2,222 | 2,371 | 1,917 | 1,993 | 3,026 | 1% | 52% | KWh | 0.0036 | GJ |
Total | 217,948 | 197,405 | 224,895 | 298,336 | 340,515 | 14% | MWh | 3.6 | GJ | |
1 MinRes Scope 1 and Scope 2 emissions only occur in Australia and are generated from metals and mining production activities. External assurance has taken place over Scope 1 and Scope 2 emissions, refer to the Independent Limited Assurance Statement in our 2022 Sustainability Report. | ||||||||||
Note: emissions are not inclusive of Wodgina in accordance with the Clean Energy Regulations and our JV arrangement. | ||||||||||
We use emission factors disclosed in the Australian National Greenhouse and Energy Reporting (Measurement) Determination, 2008 made under subsection 10(3) of the National Greenhouse and Energy Reporting (NGER) Act 2007. The emission factors applied are for metric tonnes of carbon dioxide equivalent, including the greenhouse gases CO2, CH4 and N2O. Global Warming Potential (GWP) values are defined in the NGER Regulations, 2008 based on the 100-year GWP timeframe referenced in the Intergovernmental Panel on Climate Change's (IPCC) 2007 Fourth Assessment Report. No biogenic CO2 emissions have been included in our Scope 1 GHG emissions, while Scope 2 GHG emissions are calculated using a location-based approach. | ||||||||||
Table 2: Greenhouse gases associated with Scope 1 emissions | ||||||||||
FY18 | FY19 | FY20 | FY21 | FY22 | ||||||
Carbon Dioxide (CO2) | 206,097 | 194,218 | 221,975 | 295,055 | 333,619 | |||||
Methane (CH4) | 8,879 | 287 | 306 | 411 | 2,811 | |||||
Nitrous Oxide (N2O) | 741 | 513 | 681 | 867 | 1,049 | |||||
Hydrofluorocarbons (HFCs) | - 0 | - 0 | - 0 | - 0 | - 0 | |||||
Perfluorocarbons (PFCs) | - 0 | - 0 | - 0 | - 0 | - 0 | |||||
Sulfur Hexafluoride (SF6) | 9 | 16 | 16 | 10 | 10 | |||||
Nitrogen Trifluoride (NF3) | - 0 | - 0 | - 0 | - 0 | - 0 | |||||
Table 3: Facility level greenhouse gas emissions for FY22 (tCO2e) | ||||||||||
Scope 1 | Scope 2 | Latitude | Longitude | |||||||
Barrington Street (Carbonart) | 5 | 245 | -32.1 | 115.8 | ||||||
Bungaroo South Exploration | 594 | -21.9 | 116.3 | |||||||
Carina Rail Transport | 5,833 | -30.8 | 120.3 | |||||||
Corporate Head Office (Applecross) | 2,435 | 681 | -32.0 | 115.8 | ||||||
Corporate Head Office (Osborne Park) | 2 | 1,186 | -31.9 | 115.8 | ||||||
Iron Valley Operations | 55,342 | -22.7 | 119.3 | |||||||
Jackson 4 Operations | 2,294 | -30.8 | 120.3 | |||||||
Ken's Bore | 236 | -22.1 | 116.2 | |||||||
Koolyanobbing Mine Operations | 131,693 | -30.8 | 119.5 | |||||||
Kumina Project | 269 | -21.9 | 117.2 | |||||||
Kwinana (Crushing) | 467 | -32.2 | 115.8 | |||||||
Kwinana Workshop | 313 | 259 | -32.2 | 115.8 | ||||||
Lockyer Deep | 10,925 | -29.2 | 115.3 | |||||||
Mango Yard | 11 | 11 | -20.4 | 118.5 | ||||||
Mt Marion Mine Operations | 65,916 | -31.1 | 121.5 | |||||||
Mt Richardson | 124 | -28.8 | 120.0 | |||||||
Parker Range | 19,610 | -31.6 | 119.6 | |||||||
Red Gully Processing Facility | 25 | -31.2 | 115.8 | |||||||
Resource Development Group | 954 | 56 | -28.0 | 114.2 | ||||||
Wellard Street Storage | 96 | -32.1 | 115.8 | |||||||
Wonmunna Iron Ore Project | 40,932 | -23.1 | 119.1 | |||||||
Table 4: Commodity level greenhouse gas emissions for FY22 (tCO2e) | ||||||||||
Scope 1 | Scope 2 | Total emissions | ||||||||
Iron Ore | 256,938 | 11 | 256,949 | |||||||
Lithium | 65,916 | - 0 | 65,916 | |||||||
Energy | 10,925 | 25 | 10,950 | |||||||
GRI 305-4 | GHG emissions intensity | ||||||||||
Table 5: Carbon intensity of our operations (tCO2e/TMM) | ||||||||||
FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | |||||
Tonnes Material Mined (TMM) | 53,636 | 79,529 | 61,593 | 94,237 | 131,565 | 136,877 | ||||
GHG intensity: tCO2e/ TMM (wet metric kt) | 3.44 | 2.74 | 3.21 | 2.39 | 2.27 | 2.50 | ||||
EMISSIONS REDUCTION | ||||||||||
MinRes is committed to investigating alternative and renewable energy options to support the achievement of net zero emissions by 2050. Currently, diesel is the primary energy source for mining equipment, transportation, and haulage of materials over long distances and for electricity generation at some of our non-grid-connected operations. While we have made significant progress in non-diesel electricity generation through the development of the Mt Marion gas-fired power station with LNG storage and vaporisation, we continue to investigate additional ways to reduce our reliance on diesel fuel with new developments in the Pilbara and Ashburton Hubs. Emission reduction initiatives active within the reporting year are detailed in the 2022 Sustainability Report on page XX. | ||||||||||
Table 6: Emission reduction initiatives | ||||||||||
Number of Initiatives | Estimated CO2 Savings | Scope | Commentary | |||||||
Under investigation | 4 | 1 | CCS, Geothermal, battery/electrification of roadtrains, LNG/Electric Haul Packs | |||||||
To be implemented | 1 | 14,950 | 1 | Onslow Solar (5+1.15 MW), Wind | ||||||
Implementation commenced | 3 | 2,950 | 1 & 2 | Wonmunna Solar, Autonomous Road Trains, Walter Drive Solar | ||||||
Table 7: Low carbon investments | ||||||||||
MinRes invests in research and development (R&D) for low carbon products and services related to mining and mining services. | ||||||||||
Technology Area | Stage of Development | Value Chain Stage(s) covered | Average % of total R&D investment over FY19-FY21 | R&D Investment ($AUD) over FY19-FY21 | R&D Investment ($AUD) in FY21 | Year(s) of investment | Description | |||
Next Gen Portable and Modular Crushing Technology | Large scale commercial deployment | Direct operations Downstream | 7.40 | $ 5,590,378 | $ 2,211,720 | FY19, FY20, FY21 | Design and development of Next Gen Portable and Modular Crushing technologies delivering safe, reliable production for the hard-rock crushing industry. Modular design allows for fewer transport movements and quicker installation / demobilsation time frames resulting in reduced emissions. | |||
Development of New Spodumene Processing Techniques for Improved Efficiency | Large scale commercial deployment | Direct operations | 32.79 | $ 24,775,059 | $ - 0 | FY19, FY20 | Improvements in the processing of Lithium as a key mineral in the energy transition towards a low-carbon future. Development of New Spodumene processing techniques for improved efficiency and increased product grade (Mt Marion) and development of New Spodumene processes for improved flotation and fines rejection (Wodgina). | |||
Hazer Synthetic Graphite Production | Pilot demonstration | Direct operations Downstream | 4.81 | $ 3,637,463 | $ - 0 | FY19, FY20 | Graphite is a key mineral often used in metal manufacturing, and in energy devices like batteries and solar panels. MinRes is undertaking a project with the objective of developing new low-emission processes to produce a high purity synthetic graphite and hydrogen (as a byproduct) using natural gas as feed stocks and iron oxide as a process catalyst. | |||
Synthetic Zeolite Manufacture | Pilot demonstration | Direct operations Downstream | 0.87 | $ 658,542 | $ 613,822 | FY21 | MinRes is a participant in the Kemerton Lithium Hydroxide (LiOH) plant as part of the MARBL Joint Venture (JV). The Kemerton plant will generate (~6%) of lithium content with the remaining being a by-product or tailings from the process. Through the correct treatment or formulations, this by-product can be used to produce alternative construction materials or be converted into zeolites for use as molecular sieves, with the added bennfit of reducing the amount of material send to tailings facilities. | |||
Automated Trucks | Full/commercial-scale demonstration | Direct operations Downstream | 2.39 | $ 1,805,565 | $ 1,805,565 | FY21 | Development of an innovative autonomous road train solution. Autonomous truck platooning is the linking of two or more trucks in a convoy using connectivity technology and automated driving support systems. These vehicles automatically maintain a set, close distance between each other when they are connected for certain parts of a journey. The automated driving support system has the potential to reduce fuel consumption by up to 11%. | |||
Modular LNG | Small-scale commercial deployment | Direct operations | 0.64 | $ 485,722 | $ 485,722 | FY21 | Development of a modular Liquefied Natural Gas (LNG) storage and vaporisation system for gas-fired power generation at remote mine sites to reduce Scope 2 tonnes of carbon dioxide emissions equivalent. | |||
Average per cent of the total R&D investment is calculated as the average proportion of R&D spend over the last three years related to low carbon investment/benefit, therefore, the percentage total does not equal 100 per cent. | ||||||||||
Stage of development aligned to CDP reporting definitions and categorised as: Basic academic/theoretical research, Applied research and development, Pilot demonstration, Full/commercial-scale demonstration, Small scale commercial deployment and/or Large scale commercial deployment. |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | CULTURAL HERITAGE | ||||
MinRes recongises that our operations and projects intersect, lie adjacent to, or are located in proxomity to areas of cultural heritage significance to local Aboriginal communities. We acknowledge and respect the relationships that Aboriginal and Torres Strait Islander communities have to land and waters. We are committed to building strong and trusting relationships with Aboriginal and Torres Strait Islander communities and continually improving our approach to protecting and preserving cultural heritage. | |||||
Table 1: Employee Cultural Awareness Training (CAT) | |||||
FY22 | |||||
No. of CAT sessions held | 203 | ||||
Table 2: Heritage site management and deployment of surveys | |||||
FY22 | |||||
No. reportable heritage incidents | 0 | ||||
No. days of heritage survey | 167 | ||||
GRI 411-1 | Rights of Indigenous People | |||||
Table 3: Number of incidents or violations involving the rights of Aboriginal and Torres Strait Islander peoples | |||||
FY20 | FY21 | FY22 | |||
Total no. of identified incidents or violations | 0 | 0 | 0 | ||
RECONCILIATION ACTION PLAN | |||||
We recognise our responsibility to take meaningful action to advance reconciliation. During FY22, MinRes' inaugural Reconciliation Action Plan (RAP) - a Reflect RAP, was formally endorsed by Reconciliation Australia, which outlines and strengthens our commitment to reconciliation with Aboriginal and Torres Strait Islander communities. Our RAP focuses on four key areas including: · Relationships building · Respect and recognition · Social and economic opportunities · Governance and accountability We have achieved all FY22 deliverables and all planned future commitments are on-track. | |||||
Table 4: Recononcialition Action Plan Deliverables | |||||
No. | Action | Deliverable | Timeline | Responsibility | Status as at 30th June 2022 |
RELATIONSHIPS | |||||
1 | Establish and strengthen mutually beneficial relationships with Aboriginal and Torres Strait Islander stakeholders and organisations | Identify Aboriginal and Torres Strait Islander stakeholders and organisations within our local area or sphere of influence | Apr-22 | General Manager Communities and Heritage | Complete |
Research best practice and principles that support partnerships with Aboriginal and Torres Strait Islander stakeholders and organisations | Jun-22 | Principal Indigenous Engagement | Complete | ||
2 | Build relationships through celebrating National Reconciliation Week (NRW) | Circulate Reconciliation Australia's NRW resources and reconciliation materials to our staff | May-22 | General Manager Communications | Complete |
RAP Working Group members to participate in an external NRW event | 27 May - 3 June 2022 | Principal Indigenous Engagement | Complete | ||
Encourage and support MinRes staff and senior leaders to participate in at least one external event to recognise and celebrate NRW | 27 May - 3 June | Executive General Manager Project Services | Complete | ||
3 | Promote reconciliation through our sphere of influence | Communicate our commitment to reconciliation to all staff | May-22 | General Manager Communications | Complete |
Identify external stakeholders that our organisation can engage with on our reconciliation journey | Apr-22 | General Manager Communities and Heritage | Complete | ||
Identify Reconciliation Australia and other like-minded organisations that we could approach to collaborate with on our reconciliation journey | Apr-22 | Principal Indigenous Engagement | Complete | ||
4 | Promote positive race relations through anti-discrimination strategies | Research best practice race relations and anti-discrimination policies and implement as part of a fit for purpose plan for MinRes | Jul-22 | General Manager Human Resources | Planned |
Conduct a review of HR policies and procedures to identify existing antidiscrimination provisions, and future needs | Jul-22 | General Manager Human Resources | Planned | ||
RESPECT | |||||
5 | Increase understanding, value and recognition of Aboriginal and Torres Strait Islander cultures, histories, knowledge and rights through cultural learning | Develop a business case and implement site specific Cultural Awareness training to increase understanding, value and recognition of Aboriginal and Torres Strait Islander cultures, histories, knowledge and rights within our organisation | May-22 | General Manager Communities and Heritage | Complete |
Conduct a review of cultural learning needs within our organisation | Jun-22 | Principal Indigenous Engagement | Complete | ||
6 | Demonstrate respect to Aboriginal and Torres Strait Islander peoples by observing cultural protocols | Develop an understanding of the local Traditional Owners or Custodians of the lands and waters within our organisations operational area | May-22 | Principal Indigenous Engagement | Complete |
Increase staff understanding of the purpose and significance behind cultural protocols, including Acknowledgement of Country and Welcome to Country protocols through Cultural Awareness training and by investigating other opportunities | May-22 | Principal Indigenous Engagement | Complete | ||
7 | Build respect for Aboriginal and Torres Strait Islander cultures and histories by celebrating NAIDOC Week | Raise awareness and share information among our staff about the meaning of NAIDOC Week | Jun-22 | Community Engagement Officer | Complete |
Introduce our staff to NAIDOC Week by promoting external events in the local areas in which we operate | Jul-22 | Community Engagement Officer | Planned | ||
RAP Working Group to participate in an external NAIDOC Week event and share this engagement in a meaningful way with MinRes staff | Jul-22 | Principal Indigenous Engagement | Planned | ||
OPPORTUNITIES | |||||
8 | Improve employment outcomes by increasing Aboriginal and Torres Strait Islander recruitment, retention and professional development | Develop a business case for Aboriginal and Torres Strait Islander employment within our organisation | Sep-22 | General Manager Human Resources | Planned |
Build understanding and gather more information of current Aboriginal and Torres Strait Islander staffing to inform and develop a future employment and professional development opportunities plan | Jun-22 | General Manager Human Resources | Complete | ||
9 | Increase Aboriginal and Torres Strait Islander supplier diversity to support improved economic and social outcomes | Develop a business case for procurement from Aboriginal and Torres Strait Islander owned businesses | Sep-22 | Principal Sustainable Procurement | Planned |
Investigate Supply Nation membership and evaluate the benefits this membership would bring to MinRes | Jan-23 | Principal Sustainable Procurement | Planned | ||
GOVERNANCE | |||||
10 | Establish and maintain an effective RAP Working Group (RWG) to drive governance of the RAP | Form a RWG to govern and lead RAP implementation | May-22 | Principal Indigenous Engagement | Ongoing |
Draft a Terms of Reference for the RWG | May-22 | Principal Indigenous Engagement | Complete | ||
Establish Aboriginal and Torres Strait Islander representation on the RWG | May-22 | General Manager Communities and Heritage | Ongoing | ||
11 | Provide appropriate support for effective implementation of RAP commitments | Define, budget and procure resource needs for RAP implementation | May-22 | Executive General Manager Energy | Complete |
Engage senior leaders in the delivery of RAP commitments | May-22 | Executive General Manager Energy | Complete | ||
Define and implement appropriate systems and capability to track, measure and report on RAP commitments | May-22 | Principal Indigenous Engagement | Complete | ||
12 | Build accountability and transparency through reporting RAP achievements, challenges and learnings both internally and externally | Complete and submit the annual RAP Impact Measurement Questionnaire to Reconciliation Australia | 30-Sep-22 | Sustainability Manager | Planned |
Report RAP progress in MinRes' annual Sustainability Report and celebrate key milestones with staff | Sep-22 | Sustainability Manager | Planned | ||
13 | Continue our reconciliation journey by developing our next RAP | Register via Reconciliation Australia's website to begin developing our next RAP | Oct-22 | Principal Indigenous Engagement | Ongoing |
2022 Sustainability Report
https://www.mineralresources.com.au/2022SustainabilityReportCONTENTS | SOCIAL | ||||||
MinRes continues to increase the value distributed to the community, federal, state and local governments, employees, our suppliers and contractors year on year. | |||||||
Our performance metrics are detailed below. | |||||||
Table 1: Total contributions to community partnerships | |||||||
FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | |
Community Contributions (Million AUD) | 1.06 | 1.28 | 1.37 | 1.99 | 2.60 | 5.25 | 5.77 |
GRI 201-1 & G4 - EC1 | Direct economic value generated and distributed | |||||||
Table 2: Value generated and distributed for FY19 - FY22 | |||||||
FY19 AUD Million | FY20 AUD Million | FY21 AUD Million | FY22 AUD Million | ||||
Value Generated | Revenue | 1,512.0 | 2,124.6 | 3,733.6 | 3,418.0 | ||
Value Distributed 1 | Payment to federal, state and local governments | 124.1 | 185.1 | 692.7 | 397.1 | ||
Employee wages and benefits paid | 265.5 | 359.3 | 479.9 | 631.2 | |||
Community contributions | 1.99 | 2.70 | 5.25 | 5.77 | |||
Payments to suppliers and subcontractors | 891.4 | 1,035.4 | 1,227.2 | 2,034.0 | |||
Investment in infrastructure and exploration and innovation | 857.8 | 391.0 | 774.5 | 1,000.3 | |||
Financing costs | 19.4 | 97.6 | 86.4 | 82.5 | |||
1 Value derived from the MinRes FY22 Cash Flow Statement | |||||||
GRI 415-1 | Political Contributions | |||||||
Table 3: Total political contributions made during FY19 - FY22 | |||||||
FY19 AUD | FY20 AUD | FY21 AUD | FY22 AUD | Percentage attributable to political advocacy (FY22) | |||
Australian Labor Party | $76,414 | $8,218 | $138,217 | $124,659 | 51% | ||
Liberal Party of Australia (WA) Inc | $89,455 | $10,000 | $88,700 | $98,000 | 40% | ||
National Party of Australia (WA) | $26,636 | $3,636 | $55,000 | $20,000 | 8% | ||
Total | $192,505 | $21,854 | $281,917 | $242,659 | |||
CAREER ENTRY PATHWAYS | |||||||
At MinRes, our people are the foundation of our business and are instrumental to our ongoing growth and success. It is critical to our business to identify, attract and retain high quality talent to help us meet our objectives. We work to build organisational capacity by ensuring our people are treated fairly, have access to career development opportunities and have a positive employee experience. | |||||||
GRI 404-2 | Programs for upgrading employee skills and transition assistance programs | |||||||
Table 5: FY22 career entry programs by gender and Aboriginal and Torres Strait Islander profile | |||||||
Gender | Aboriginal and Torres Strait Islander | ||||||
Female | Male | Identifies as | Does not identify | FY22 Total | |||
Apprentices | 9 | 48 | 2 | 55 | 57 | ||
Trainees | 19 | 7 | 1 | 25 | 26 | ||
Graduates | 13 | 30 | 0 | 43 | 43 | ||
Trade Upgrades | 0 | 13 | 0 | 13 | 13 |
2022 Sustainability Report
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Mineral Resources Limited published this content on 14 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2022 07:22:01 UTC.