OZ Minerals conducts audits to systematically and objectively verify conformance with our Sustainability Management Standards, legal requirements and provides recommendations to improve safety, health, environment and social performance. The Audits and Assessment Management Standard addresses process requirements for internal and external auditing and assessment, including planning, training, methodology, schedules, follow-up and close-out of audit and assessment findings.
Greenhouse reporting readiness assessment
During the year, OZ Minerals completed its first report under the National Greenhouse and Energy Reporting Act 2007 (‘NGER’). Prior to the submission of the report, a comprehensive independent readiness assessment was conducted on the processes that OZ Minerals had developed to meet the requirements of the NGER Act. OZ Minerals continues to participate in the Australian Government’s Energy Efficiency Opportunities program.
The assessment focused on the NGER reporting processes for the period 1 July 2008 to 30 June 2009, with visits to head office and Prominent Hill, as well as assets sold during the reporting period, which OZ Minerals was required to report. The objective of this engagement was to identify gaps and opportunities for improvement in relation to the NGER requirements based on assessments of reporting processes.
OZ Minerals was provided with a management report detailing our overall NGER readiness assessment and detailed findings with practical improvement recommendations. These recommendations have been included in an improvement plan to assist us with our future NGER reporting requirements.