Our Group environmental policy is aligned with international and industry-specific environmental standards; it requires our assets to undertake detailed risk assessment reviews, identify appropriate mitigation actions, and determine the capital expenditure required. Our assets maintain environmental management plans based on these reviews, which focus on:
- Maintaining the integrity of our facilities to avoid environmental incidents
- Efficient resource use
- Preserving protected areas and biodiversity
- Closure planning and rehabilitation
Water is an essential input for our industrial activities. We ship products over maritime and inland waterways; these products could contaminate the water if spilled. In addition, many of our assets are located in water-stressed areas, with some in areas of extreme scarcity. Other assets must manage surplus water from rainfall or mine dewatering. Concerns regarding the long-term availability and quality of water, and security of access to water, have significantly increased as a result of changes to demography and climate. This means that our material considerations with regard to water are:
- Ensuring that all users have access to high quality water
- Ensuring that we preserve the quality and availability of local water sources
- Protecting the maritime and inland waters that we use for transport
Many of our assets have significant energy requirements; it is a major element of our operational costs across the Group. We work continually on improving our energy efficiency; our commodity businesses have bespoke energy efficiency plans and carry out regular energy audits.
We respect legally designated protected areas and adhere to associated regulations; we do not explore or mine in World Heritage areas.
Our assets undertake responsible land stewardship at each stage of their lifecycles; this not only reduces our operational risk, but minimises our liabilities when our mines close and influences our legal and societal licence to operate.
We make efforts to recognise the cultural heritage of local indigenous people when planning our operations, as we understand that they may have a unique connection with the land.
Our assets continually review their waste management procedures and identify opportunities for improvement, to minimise the impact of the waste we produce.