OZ Minerals Limited ABN 40 005 482 824
Climate Impact & Sustainability Data (2022-01 to 2022-12)
Reporting Period: 2022-01 to 2022-12
Environmental Metrics
ESG Focus Areas
- Modern Slavery
- Human Rights
Social Achievements
- Developed an internal modern slavery eLearning course for employee induction training.
- Developed a bespoke modern slavery eLearning module for Suppliers (rolled out to ~60 people from 30 high-priority Suppliers).
- Carrapateena Asset introduced a Human Rights Management Plan including a Modern Slavery Management Plan.
- Updated Supplier risk prioritisation dashboard showing a 36% reduction in potentially high-risk spend.
Governance Achievements
- Modern Slavery gap analysis to evaluate progress and measure governance maturity.
- Updated Supplier risk prioritisation dashboard.
- CEO sent letters to over 1600 Suppliers outlining commitment to modern slavery risk management.
Climate Goals & Targets
Environmental Challenges
- Approximately one-third of procurement spend has potential modern slavery risks.
- High-risk goods and services include mining, engineering, construction services; engineering materials; plant and equipment; fuel, oil, and lubricants; and food and camp supplies.
- Main risk source is goods and services from high-risk countries for modern slavery.
Mitigation Strategies
- Supplier due diligence program (self-assessment questionnaires, risk-based reporting, engagement, and training).
- Development and implementation of corrective action plans.
- Monitoring for reports of modern slavery incidents.
- Engaging with Suppliers to understand their awareness and management of potential modern slavery risks.
- Implementation of a modern slavery risk assessment tool for exploration projects.
Supply Chain Management
Responsible Procurement
- Supplier self-assessment questionnaires
- Corrective action plans
- Modern Slavery eLearning course for Suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Modern Slavery Act 2018 (Cth)
UN Sustainable Development Goals
- UN Sustainable Development Goals
Addressing modern slavery through commitments to the UN Sustainable Development Goals.