Climate Change Data

Lycopodium Limited

Climate Impact & Sustainability Data (2022-07 to 2023-06, 2023-07 to 2024-06)

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

Total Carbon Emissions:960 tCO2e/year
Scope 1 Emissions:141 tCO2e/year (Australasia), 43 tCO2e/year (Africa), 5 tCO2e/year (Americas)
Scope 2 Emissions:482 tCO2e/year (Australasia), 283 tCO2e/year (Africa), 6 tCO2e/year (Americas)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.87 tCO2-e/FTE

ESG Focus Areas

  • Our People
  • Our Communities
  • Energy Consumption
  • Greenhouse Gas (GHG) Emissions
  • Water and Waste Management
  • Business Ethics and Transparency
  • Legal/Regulatory Compliance
  • Risk Management
  • Stakeholder Engagement

Environmental Achievements

  • Reduced Scope 1 and Scope 2 emissions to 960 tonnes CO2-e

Social Achievements

  • Achieved a Total Recordable Injury Frequency Rate (TRIFR) of 1.6 and a Lost Time Injury Frequency Rate (LTIFR) of zero.
  • 80% participation rate in inaugural employee engagement survey.
  • Launched Emerging Leaders Program.

Governance Achievements

  • Implemented the Corporate Governance Principles and Recommendations of the ASX Corporate Governance Council.
  • Established the Lycopodium Foundation to manage philanthropic activities.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce TRIFR to <2.5

Environmental Challenges

  • Harm to our people due to the nature of work and geographies.
  • Project delivery challenges (cost overruns, schedule blowouts, litigation).
  • Technical failure of projects.
  • Sovereign, human rights, and security risks in various operating locations.
  • Potential for material litigation.
  • Attracting, retaining, and developing talent.
  • Cybersecurity threats.
Mitigation Strategies
  • Robust risk management framework overseen by the Risk Committee.
  • Occupational Health and Safety Management System certified to ISO 45001:2018.
  • Implementation of preventative measures (pre-start meetings, toolbox talks, etc.).
  • Employee Assistance Program (EAP).
  • Engagement and Performance Management platform.
  • Emerging Leaders Program and executive coaching.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • 86% of total procurement budget spent on local suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 8: Decent Work and Economic Growth

Contribution through business operations and support of client sustainability goals.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-07 to 2024-06

Environmental Metrics

Total Carbon Emissions:873 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:98 tCO2e/year
Scope 2 Emissions:775 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:5,116,922 MJ/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced Scope 1 and 2 emissions to 873 tonnes CO2-e in FY2024. Undertook a comprehensive case study on reducing the carbon footprint of a standard gold mining operation.

Social Achievements

  • Achieved a 0.06 LTIFR and 0.88 TRIFR, significantly lower than the Australian construction industry average. 82% participation rate in global employee engagement survey. 87% of total procurement budget spent on local suppliers.

Governance Achievements

  • Implemented the Corporate Governance Principles and Recommendations of the ASX Corporate Governance Council. Established a robust risk management framework overseen by the Risk Committee. Complied with laws and regulations in all jurisdictions of operation.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Project delivery challenges leading to cost and schedule overruns and potential litigation.
  • Technical failures in project delivery.
  • Sovereign, human rights, and security risks in various operating locations.
  • Attracting, retaining, and developing talent.
  • Cybersecurity threats.
  • Climate-related risks (data collection and analysis ongoing for AASB S2 reporting from 2026).
Mitigation Strategies
  • Robust risk management framework with risk assessments and workshops.
  • Implementation of corrective actions based on root and contributory causes of incidents.
  • Ongoing training and development programs.
  • Data collection and scenario planning for climate-related risks (to be reported from 2026).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • 87% of procurement budget spent on local suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 45001:2018

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 8: Decent Work and Economic Growth

Contribution through employment, local engagement, and philanthropic endeavors.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed