Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Diversity
• Risk Management
• Ethical Conduct

Social Achievements

• Diversity Policy implemented to promote a diverse and skilled workforce.

Governance Achievements

• Established a Corporate Governance Plan with charters for Board Committees (Audit & Risk, Remuneration, Nomination), policies for performance evaluation, continuous disclosure, risk management, trading, diversity, whistleblower protection, anti-bribery and anti-corruption, and shareholder communications.
• Implemented a Whistleblower Protection Policy and Anti-Bribery and Anti-Corruption Policy.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ASX Corporate Governance Principles and Recommendations – 4th Edition

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Management

Climate Goals & Targets

Environmental Challenges

• Sticky supply of copper threatening to deplete stocks by mid-decade due to long lead times for mine expansion and new projects, resistance to capex in the mining sector, and uncertainty created by the coronavirus pandemic.
• Potential for inventory depletion if copper prices remain low.

Mitigation Strategies

• Projecting a price increase to incentivize sufficient supply to meet demand.
• Modeling scrap supply and demand substitution to mitigate near-term deficits.
• Identifying and analyzing potential brownfield and greenfield copper mine projects to address the long-term supply gap.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Increased demand for copper due to the green energy transition.

UN Sustainable Development Goals

• 7
• 13

The report focuses on the role of copper in the energy transition, aligning with SDG 7 (Affordable and Clean Energy) and SDG 13 (Climate Action).