Materiality
Our Sustainability Report focuses on issues that we consider to be of material significance to our sustainability performance. We have determined these material sustainability issues by considering a range of internal and external influences.
We have referred to the Global Reporting Initiative (GRI) G3.1 Reporting Guidelines as the main framework for our report preparation. We have focused on the core indicators and have reported against additional indicators that are of particular relevance to our business. Where possible, we have incorporated indicators from the Mining and Mineral’s Industry Supplement. The complete list of indicators against which we have reported can be found in the GRI content index.
Our sustainability policy outlines our position on the most important sustainability issues relevant to our business. This report addresses all areas covered by our policy and our Annual Strategy Development process and is in accordance with our Values and Code of Conduct.
We collect external feedback through a consultation and feedback process conducted with interested stakeholders and surrounding communities at our major operational site, Prominent Hill as well as Carrapateena, Cambodia* and other exploration areas. Other means include media monitoring, regular meetings with shareholders and feedback from institutions through institutional broker reports.
Internal processes are used to detail and communicate sustainability related issues to the Sustainability Committee of the Board, detailed in Board papers. We use a sustainability incident tracking and management system. We distribute surveys to key operational areas to collect supplementary sustainability related information that may be of interest to our stakeholders. Internally, sustainability related issues are brought to the attention of the Sustainability Committee of the Board and are detailed in Board papers for the Board itself.
We use a variety of methods to gather feedback from communities around Prominent Hill. A communications register onsite is used to document external communication and is used as a guide for identification of material issues. OZ Minerals representatives regularly attend council meetings at Coober Pedy and annual meetings at nearby town, William Creek. A representative from Prominent Hill is part of the South Australian Arid Lands Natural Resources Management Board, which meets four times a year.
We determine report content through feedback mechanisms detailed above, which is then listed and assessed against the GRI developed Materiality Test. An internal group with specialists representing different stakeholders is used to evaluate whether items should be included in the report by rating issues and assessing materiality accordingly.
Key material sections of this report have been externally verified.
* The Cambodian assets were sold to Renaissance Minerals in early 2012.
