Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Trained more than 25,000 local citizens in Africa over the past 30 years.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on operations, including temporary disruptions at some mine sites and workforce mobility issues.
• Security risks and political instability in African operating countries.
• Employee fraud incident indicating potential weaknesses in internal controls.

Mitigation Strategies

• Established a COVID-19 taskforce to manage pandemic challenges.
• Adopted an intelligence-led risk-based approach to security planning and management, including political risk insurance in various jurisdictions.
• Enhanced internal controls, policies, and procedures; implemented training and compliance programs.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Changes in weather patterns, extreme events, natural disasters

Transition Risks

• Market pressure for climate-related risk disclosure, potential reputational damage for inadequate response

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: AS4801—Occupational Health and Safety Management Systems and/or OHSAS 18001—Occupational Health and Safety Management Systems (for some operating businesses)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Safety
• Workplace health & wellbeing
• Governance
• Business ethics & anti-corruption
• Climate change
• Community involvement
• Indigenous engagement
• Talent attraction and retention
• Security
• Diversity and inclusion
• Labour relations
• Human rights and modern slavery

Environmental Achievements

• Reduced greenhouse gas emissions (scope 1 and 2) by 23% from the previous year.
• Replaced two diesel lighting towers with solar-battery units, saving approximately 17,000 liters of diesel and 45 tonnes of CO2-e.
• Active participation in the Electric Mine Consortium, including trialling electric plant on operating sites.

Social Achievements

• Introduced CheckMate, a tool for frontline employees to check critical safety controls.
• Progressed a technology solution on collision avoidance to improve pedestrian safety.
• Published Eliminating Sexual Harassment Position Statement and launched the associated 'It's Not OK' campaign.
• Published Human Rights Policy and continued implementation of Human Rights Action Plan.
• Invested ~$1.5 billion in local procurement and achieved an 89% local employment rate.

Governance Achievements

• Established a Sustainability Committee to provide oversight and strategic direction on material sustainability issues.
• Delivered tailored anti-corruption and anti-bribery training to high-risk roles.
• Launched a data protection standard for the Group.
• Updated the Code of Conduct to incorporate expectations relating to sexual harassment and other harmful behaviours.

Climate Goals & Targets

Environmental Challenges

• Three employee fatalities in two separate incidents.
• Increase in Total Recordable Injury Frequency Rate (TRIFR) from 5.1 to 6.9.
• Challenges in attracting and retaining employees in a tight labor market.
• COVID-19 pandemic impact.
• External issues such as the Ukraine conflict and natural disasters impacting business.

Mitigation Strategies

• Investigations into fatalities to inform safety programs.
• Targeted programs for prevention of hand and finger injuries.
• Early intervention physiotherapy program to address musculoskeletal injuries.
• Implementation of a new HSE information system (HSE Central).
• Retention programs to attract and retain talent.
• Continued COVID-19 response, including vaccination and testing support.
• Strengthening Critical Risk Controls and building leader capability.

Supply Chain Management

Responsible Procurement

• All Perenti supplier agreements require suppliers to acknowledge compliance to the Perenti Modern Slavery Statement requirements.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, flooding (assessment scheduled for completion in first half of FY23)

Transition Risks

• Climate-related policy and legal risks, technology and market changes, reputational risks (assessment scheduled for completion in first half of FY23)

Opportunities

• Electrification of fleet

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 45001

Sustainable Products & Innovation

• Electric Landcruiser conversion

Awards & Recognition

• AAMEG 2021 Africa Award (for training centre in Botswana)

Environmental Metrics

ESG Focus Areas

• Safety
• Creating safe and respectful workplaces
• Achieving gender balance
• Accelerating decarbonisation
• Partnering with our communities

Environmental Achievements

• Completed a study on the full electrification of a mine in Western Australia, finding that the cost would not be prohibitive and power requirements could be similar to or less than the existing diesel operation.
• Expanded scope 3 GHG emissions disclosure.
• Trialled and deployed electric mining equipment (trucks, longhole drill, shotcreters, etc.)
• Swick is building the first production version of the underground diamond drill Gen3 E-Rig, demonstrating a reduction in power usage per meter drilled by approximately 30-50%.

Social Achievements

• Launched a program to create safer and more respectful workplaces, resulting in a marked improvement in the psychological safety index.
• Increased female Board representation to 57% (from 29% in FY23).
• Invested more than $1.4 million in supporting communities through sponsorships, donations, and community investments.
• Invested more than $1.4 billion in local procurement, with 90% local employment across international operations.
• Implemented a reporting mechanism to monitor and share information about psychosocial hazards.

Governance Achievements

• Successfully issued a US$350 million senior notes offering, which was more than six times oversubscribed.
• Made changes to the governance structure and Board committees, including appointing a Chair of the People and Remuneration Committee and a Chair of the Safety and Sustainability Committee.
• Completed a review of Perenti’s remuneration framework and strategy, aligning remuneration with company’s strategic goals and market competitiveness.
• Made substantial changes to the short-term incentive program to enhance Board discretion and safety performance accountability.

Climate Goals & Targets

Environmental Challenges

• Fatality at the Mana Mine in Burkina Faso.
• Lower than forecast rig utilization in the Drilling Services division.
• Volatility in the battery metals market impacting two projects in Australia.
• Reduced capital market support for explorers.
• Difficult market conditions in Africa for Logistics Direct.

Mitigation Strategies

• Providing ongoing support to Siswantoro’s family and colleagues.
• Implementing Divisional Safety Transformation plans with a focus on critical control management and verification activities.
• Redeploying affected workforce and equipment from projects placed in care and maintenance.
• Investing in people and equipment in the Drilling Services division.
• Securing contract wins and extensions.
• Implementing innovative programs (hands-free systems, automation, rig electrification).
• Relocating Supply Direct to larger premises in Johannesburg to improve safety and increase growth opportunities.

Supply Chain Management

Supplier Audits: Two social audits of high-risk suppliers in FY24.

Responsible Procurement

• Code of Conduct
• Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Electrification service offerings
• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, TCFD (incorporated into ISSB)

Third-party Assurance: PwC (limited assurance on four key safety and sustainability metrics)

Sustainable Products & Innovation

• DiiMOS™ software
• Gen3 E-Rig

Awards & Recognition

• Roxgold Fortuna Zero Harm Safety Award

Environmental Metrics

ESG Focus Areas

• Caring for our people and communities
• Valuing the environment and enabling the energy transition
• Acting ethically and responsibly

Environmental Achievements

• No serious environmental incidents reported.
• Scope 1 and 2 emissions voluntarily obtained limited assurance.
• Trialled electric equipment (trucks, drills) at client sites.
• Completed solar panel installations at two workshops.
• Commenced replacing diesel fleet vehicles with electric vehicles.
• BTP's rebuild program for parts and machinery extends equipment lifespan, diverting material from landfill.

Social Achievements

• Appointment of two additional female non-executive directors to the Board (57% female representation).
• Developed and deployed a reporting tool and leader’s guide to support reporting and resolving concerns about harmful behavior.
• Undertook a detailed review of gender participation to inform inclusion plans.
• Significant improvement in psychological safety index.
• 176 Contract Mining leaders participated in leadership development program.
• 110 mid-level managers participated in leadership development program.
• AU$1,462,732 contributed to local, regional and national community programs.

Governance Achievements

• Completed a review and update of the Code of Conduct booklet.
• Six disclosures made through the Speak Up Program, all investigated and actioned.
• No political donations or facilitation payments made.
• One allegation of a non-material ABAC Policy breach reported, found unsubstantiated.
• Completed two social audits of high-risk suppliers.
• Conducted a review of a security contractor in Ghana against the VPSHR.

Climate Goals & Targets

Environmental Challenges

• Fatality at Mana Mine in Burkina Faso.
• Historically male-dominated workforce.
• Addressing the gender pay gap.
• Improving safety performance remains a perpetual challenge.
• Scope 3 emissions remain a significant challenge.

Mitigation Strategies

• Ongoing support to Siswantoro’s family.
• Continued commitment to improve safety across the business.
• Review of tyre inflation practices.
• Safety Transformation Taskforce initiatives (CCM, leadership development, Learning Teams).
• Collaboration with clients on decarbonisation commitments.
• Development of full scope mine electrification studies.
• Inclusion plans across each division to increase gender participation.
• Community grievance mechanism to address concerns.

Supply Chain Management

Supplier Audits: Two social audits of high-risk suppliers in FY24.

Responsible Procurement

• Code of Conduct applies to suppliers.

Climate-Related Risks & Opportunities

Opportunities

• Electrification, decarbonisation opportunities.

Reporting Standards

Frameworks Used: GRI Standards, TCFD (incorporated into ISSB)

Third-party Assurance: PwC (limited assurance on four key safety and sustainability metrics)

Sustainable Products & Innovation

• Swick Gen3 E-Rig

Awards & Recognition

• Roxgold Fortuna Zero Harm Safety Award