Materiality
In this report, priority has been given to issues that we consider to be of material significance to our sustainability performance. We have determined these material sustainability issues based on a range of internal and external considerations, including:
- Concerns raised by stakeholders during the reporting period (see Stakeholder Engagement)
- Challenges facing the mining industry, identified through our participation in industry associations
- Our commitment to industry standards, including the International Council on Mining and Metals (ICMM) Sustainable Development Framework and the Minerals Council of Australia’s Enduring Value
- Our core values
- Our sustainability objectives outlined in our new Sustainability Policy
OZ Minerals’ material sustainability issues are:
Values and Governance
- Aligning our systems and processes across the business
- Developing and implementing sound enterprise-wide risk management processes
- Ensuring the safe handling and transport of our materials and products
- Ensuring mine closure planning is a consideration at all stages of the mine life cycle
Economic
- Delivering value to our shareholders
- Ensuring communities in which we operate receive real benefit from our activities
Social
- Protecting the safety, health and wellbeing of our people
- Retaining and engaging skilled employees
- Building trusting relationships with our local communities
Environment
- Minimising our environmental footprint, by reducing waste and using energy, water and other raw materials efficiently
For more information about our understanding and management of these issues please follow the links to the relevant performance section of this report.