Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Health & Safety
• Local Communities
• Climate Change
• Employees

Environmental Achievements

• Designed and engineered lighter truck bodies with an average 2% fuel burn reduction equating to an average carbon dioxide reduction of 48,200kg per truck.
• Implemented technology to reduce scrap steel by improving operational processes.

Social Achievements

• Lost Time Injury Frequency Rate (LTIFR) decreased significantly over the year from 5.3 to 1.6 for FY2021.
• Total Reportable Incident Frequency Rate (TRIFR) decreased slightly from 13.5 to 12.7 year on year in the period to 30 June 2021.
• 80% of the workforce in each of our facilities globally is sourced from local communities.
• Provided opportunities for employees from overseas offices to gain experience at other worksites.
• Expanded business knowledge training through e-learning materials.
• Reduced overtime hours and continued encouragement for employees to take paid leave.
• Provided mental health awareness sessions for those employees having to work from home during COVID-19 lockdowns.
• Provided health-related seminars on topics including smoking, dealing with back pain, stretching exercises to improve overall wellness.

Governance Achievements

• Issuance of Modern Slavery statement.
• Maintained compliance with ASX Corporate Governance Principles and Recommendations (4th ed).
• No breaches of ASX continuous disclosure requirements.
• Published the Australian Modern Slavery Act Statement.
• Conducted human rights awareness campaigns for all our employees.
• Extended supply chain review to all material supply chain partners globally.
• Conducted various compliance awareness programs for all employees, including harassment prevention training.
• Conducted risk assessments at all facilities globally to estimate bribery and corruption risks.
• Maintained initiatives aimed at bolstering global compliance systems (including continued operation of the Whistleblower Policy).
• Widely disseminated and strengthened the implementation of risk assessments at global offices.

Climate Goals & Targets

Environmental Challenges

• Softer performance in North and South America, amid continuing COVID-19 impacts and political instability.
• Challenging market conditions in North and South America due to COVID-19 and political uncertainties.
• Cash outflows from operating activities were $8.3 million compared to inflows of $24.1 million in the pcp. This was mainly due to working capital movements, supported by low-cost financing facilities, and one off costs incurred in business restructuring.
• Border restrictions between USA and Canada impacted the business.
• The oil price environment has led to capital expenditure deferrals from producers.
• COVID-19 and the local political climate have continued to impact the business through a number of tender processes that have been delayed, together with some operational inefficiencies experienced for much of the year.
• Negative market conditions for mining services in Colombia.

Mitigation Strategies

• Strategic review of Company commenced to identify growth opportunities.
• Consolidated Mackay operations to enhance sales and support our manufactured product offerings and provide high-quality maintenance and repair services.
• Closure of Colombian operations.
• Relocation of company headquarters to Perth (Western Australia) from Brisbane (Queensland).
• Refinance of global debt arrangements with HSBC, providing a $35 million working capital facility.
• Three phases of business optimisation initiatives: business optimisation and efficiency, manufacturing enhancements, and expanding product offering.
• Established a new strategic business unit in Western Canada.
• Reviewing ways to cut transport costs to customers in North America.
• Established an internal innovation and technology group to act as a conduit between Austin’s customers and our design teams.
• Chile commences FY2022 with a new leadership team as well as a reduced cost base.

Supply Chain Management

Responsible Procurement

• More than 75% of non-steel purchases are locally sourced from the regions we operate in.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Sustainable Products & Innovation

• ultra-light weight body that offered a substantial payload increase on previous designs with sufficient structural integrity to remain maintenance-free for a shortened design life of less than two years
• world’s first fully autonomous water tank and spray system for open cut mining

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Western Australian operations consistently recycles around 94% of its waste, with less than 6% going to landfill. Internationally, over 90% recycled waste with less than 10% going to landfill.
• Undertaken analysis on products to understand their carbon footprint and work with customers on sustainable options.
• Implemented technology to reduce scrap steel by improving operational processes.
• Designed and engineered lighter truck bodies with an average 2% fuel burn reduction (approx. 48,000kg CO2 reduction per truck over its life).
• Investing in energy-efficient lighting, modern welding equipment, and manufacturing technology.

Social Achievements

• Successfully limited the impact of Covid-19 on the business with detailed plans.
• Improved Occupational Health and Safety performance.
• Developed, monitored, and reported monthly on the Critical Risk Controls program.
• Continued community support (local schools in Batam, Clontarf Foundation).
• Implementing a rotation program to provide training and upskilling opportunities between Indonesian and Australian workforces.

Governance Achievements

• Publicly disclosed policy commitment to human rights (Modern Slavery Statement).
• Updated Whistle-blower Policy.
• Rolled out Cyber Security refresher training.
• No fines or penalties for regulatory non-compliance.

Climate Goals & Targets

Environmental Challenges

• Global shortage of skilled labor.
• COVID-19 pandemic impacts.
• Supply chain risks (steel sourcing).

Mitigation Strategies

• Increased apprenticeship investment.
• Developed detailed business unit plans for managing COVID-19 impacts.
• Developed a rigorous supplier risk assessment process to mitigate modern slavery risks.
• Requires suppliers to provide contractual warranties assuring no engagement in modern slavery practices.

Supply Chain Management

Responsible Procurement

• Code of Conduct
• Contractual warranties against modern slavery

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, AS/NZS 4801:2001, QHAS 18001:2007, ISO 14001:2015 (may differ by business unit)

Sustainable Products & Innovation

• Lighter truck bodies reducing fuel usage.

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Western Australian operations recycled 82% of waste, diverting it from landfill. More than 90% of waste is recycled in Austin’s international operations.
• Steel utilisation remains at nearly 100%, minimising the need for recycling.
• Launched lighter weight, more efficient products to reduce steel requirements, increase payload and reduce fuel and tyre usage.
• Condition monitoring software configured for buckets and trays, enabling more precision over replacement needs.

Social Achievements

• Batam workforce in Indonesia achieved 3 million manhours Lost Time Injury (LTI) free.
• Occupational Health and Safety (OH&S) performance improved through education and training on safe work practices.
• Continued to offer training and development programs to all staff globally.
• Continued to support local communities and initiatives around operations globally.
• Started a three-month trial of a nine-day work fortnight for Australian-based finance teams.

Governance Achievements

• Publicly disclosed policy commitment to human rights by lodging Modern Slavery Statement online.
• Reinforced the Company’s Whistleblower Policy.
• Regularly engaged with key stakeholders to determine priority ESG focus areas.
• Significant upgrades to IT systems and mitigation of cyber security threats.
• Female director appointed to Austin Board.

Climate Goals & Targets

Environmental Challenges

• Labour shortages in Australia resulting in higher than traditional employee turnover.

Mitigation Strategies

• Continued to offer training and development programs, apprenticeships and traineeships to retain staff.
• Implemented a trial of a nine-day work fortnight for Australian-based finance teams to improve work-life balance.

Supply Chain Management

Responsible Procurement

• Contractual warranties assuring no modern slavery practices.
• Austin Code of Conduct requiring supplier compliance with regulations relating to modern slavery.
• Regular and competitive tendering procedures.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, AS/NZS 4801:2001, QHAS 18001:2007, ISO45001 and ISO 14001:2015 (may differ between business units)

Sustainable Products & Innovation

• High Performance Truck Tray (HPT)
• Armadillo dipper bucket

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Increased sales of lightweight HP tray products, resulting in 25% less sidewall wear, 17% more payload, and 10% efficiency improvement.
• 96% of waste generated globally was recycled in FY24.
• Incorporation of solar panels in La Negra (Chile) facility expansion and planned for Casper (Wyoming) facility.
• Recycled 1,000kg of plastic welding wire spools in Perth, decreasing landfill by up to 5.3m3.

Social Achievements

• 12% increase in female representation across the total global workforce, and 9% lift in females in management positions.
• Continued apprenticeship, training, and development programs globally.
• Lodgement of Austin’s third annual Modern Slavery Statement.
• Development of a Supplier Code of Conduct.
• ~$80,000 in community contributions in APAC in FY24.

Governance Achievements

• Reinforced the Company’s Whistleblower Policy.
• Regular engagement with key stakeholders to determine priority ESG focus areas.
• Updated IT policies, procedures, and practices, including employee cybersecurity training.

Climate Goals & Targets

Environmental Challenges

• Minimising the risk of modern slavery practices in the supply chain, particularly with steel manufacturers in countries lacking globally accepted labor standards.
• Maintaining safety standards as the company grows.

Mitigation Strategies

• Supplier contractual warranties against modern slavery practices and compliance with Austin's Code of Conduct.
• Rigorous supplier risk assessment and cessation of dealings with high-risk suppliers.
• Monthly reporting on the effectiveness of the Critical Risk Controls program for SHE.

Supply Chain Management

Responsible Procurement

• Competitive tendering procedures
• Supplier risk assessment
• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Sustainable Products & Innovation

• Lightweight trays and buckets
• Mainetrack condition monitoring software