Macquarie ESG rankings
In November 2019, OZ Minerals was ranked in the first quintile by Macquarie’s ESG ratings of ASX100 Companies. The 2019 disclosures of 231 Australian-listed companies were assessed, representing 87% of the ASX300 by market capitalisation.
In June 2019, FTSE Russell confirmed that OZ Minerals had been independently assessed according to the FTSE4Good criteria and became a constituent of the FTSE4Good Index Series. The FTSE4Good Index is designed to measure the performance of companies demonstrating strong environmental, social and governance practices.
Global Reporting Initiative
GRI is an independent international organisation which has established the leading international framework and standards for sustainability reporting. OZ Minerals prepared the Sustainability section of the 2019 Annual and Sustainability Report in accordance with the GRI Standards (Core).
Sustainable Development Goals
In January 2016, 193 UN member states adopted 17 Sustainable Development Goals (SDGs). These goals and their related targets address the most important global sustainability challenges and can stimulate worldwide transformational change. OZ Minerals recognises that global megatrends, such as climate change, globalisation, digitalisation and automation will impact our operations and inform our modernisation agenda. OZ Minerals’ vision is to become a global coppercore modern mining company. Creating value for our key stakeholders is at the heart of our Strategy and shapes our global focus, products, operations, and how we work with stakeholders.
Member of the International Copper Association Australia
OZ Minerals is a member of the International Copper Association Australia, the peak body for the copper industry in Australia whose core work is sustainable development. The benefits of copper range widely; from renewable energy and energy access to climate-change mitigation and adaptation, many global trends driving the sustainable-development agenda rely on copper and its unique properties.