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    ORG   AU000000ORG5

ORIGIN ENERGY LIMITED

(ORG)
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Origin Energy : Modern Slavery Statement 2021

09/15/2021 | 11:52pm EDT

16 September 2021

Modern Slavery Statement 2021

This year we continued to deliver on our three-year Modern Slavery Maturity Plan, developed in FY2020. This plan focuses on building our understanding and capabilities, improving our policies and processes, and enhancing engagement with our suppliers.

Message from our Chief Executive Officer

I am pleased to present Origin's second Modern Slavery Statement to progress our three-year Modern Slavery Maturity Plan.

As a leading Australian energy provider, employer, and partner to both domestic and global suppliers, we know that the decisions we make every day can significantly affect the livelihoods of many. That's why our purpose drives everything we do to get energy right for our customers, communities and planet.

This year we continued to deliver on our three-year Modern Slavery Maturity Plan, developed in FY2020. This plan focuses on building our understanding and capabilities, improving our policies and processes, and enhancing engagement with our suppliers.

In FY2021, we upskilled our people and developed our human rights remediation process. We shared our human rights expectations with over 3,600 suppliers and continued to gain their buy in and commitment through negotiating our standard contract terms. We also continued to advance our processes, apply our rigorous modern slavery risk management methodology and delved more deeply into the practices of our high-risk suppliers and our operating locations.

Our position is clear - any form of modern slavery is unacceptable. While our assessments to date have not identified any known modern slavery practices in our operations or supply chain, we recognise eradicating modern slavery requires an ongoing dedication and acknowledgement that we all have a role to play. We believe that building our internal capability to effectively manage modern slavery risks is fundamental to achieving this ambition.

I am proud of the work Origin has done to date, what we are building for the future and our commitment to being the energy company 'Where all good change starts'.

Frank Calabria
Chief Executive Officer

Read our Modern Slavery Statement 2020 (PDF 4.7 MB)

Disclaimer

Origin Energy Limited published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 03:51:04 UTC.


© Publicnow 2021
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Financials
Sales 2022 11 396 M 8 515 M 8 515 M
Net income 2022 567 M 424 M 424 M
Net Debt 2022 4 231 M 3 162 M 3 162 M
P/E ratio 2022 16,9x
Yield 2022 3,90%
Capitalization 9 094 M 6 795 M 6 795 M
EV / Sales 2022 1,17x
EV / Sales 2023 1,10x
Nbr of Employees 5 000
Free-Float 99,2%
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Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 5,18 AUD
Average target price 5,33 AUD
Spread / Average Target 2,86%
EPS Revisions
Managers and Directors
Frank Calabria Chief Executive Officer, MD & Executive Director
Lawrence John Tremaine Chief Financial Officer
Scott Redvers Perkins Independent Non-Executive Chairman
Tony Lucas Executive GM-Future Energy & Technology
Greg Jarvis Executive GM-Energy Supply & Operations
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