Sustainability
We are committed to operating with integrity and growing responsibly. Critical to this is our ESG performance.
Given the nature of our business, our direct ESG risk exposure is limited. However, we recognise our indirect exposure through the assets in which we invest.
When considering the value of any potential acquisition, we carefully assess not only the quality of the assets but also our operating partners prior to making investment decisions.
We have established a sustainability roadmap to help us continue to evolve our approach to ESG, and ensure that we are delivering on our ESG commitments.
Deterra’s approach to sustainability is underpinned by our values. We are committed to achieving the targets laid out on our sustainability roadmap in order to deliver meaningful results for our business, shareholders and stakeholders. We will continue to report annually on our sustainability progress and performance.
ESG Risk Exposures and Opportunities
Deterra will seek to establish consistent criteria for assessing ESG risk exposures and opportunities.
In making new or further investments, we will:
- Seek to understand and take into account ESG risks when evaluating investment opportunity;
- where appropriate, endeavour to negotiate appropriate contractual protections with a view to seeking sufficient disclosure and transparency regarding Operators’ mining projects to facilitate the Company’s assessment of ESG risk management and performance on an ongoing basis; and
- continue to monitor mining operations’ ESG performance.
Assessment criteria will facilitate consistent and thorough due diligence of investment opportunities in support of the ESG investment principles.
ESG investment principles
Environment
- Compliance: international standards, government regulations, etc.
- Energy: sources, intensity of use, etc.
- Climate change: Scope 1, 2, 3 emissions, physical and transitional risks and opportunities, etc.
- Water: usage, sources, recycling, disposal, etc.
- Waste: general waste, tailings, hazardous waste, etc.
- Emissions: noise, dust, air, vibrations, etc.
- Biodiversity: conservation status species and ecosystems, etc.
- Closure: planning, rehabilitation, etc.
- Incidents: Environmental incidents and ESG controversies, etc.
Social
- Health and safety: incidents, fatalities, lost time injury frequency rates, etc.
- People: diversity and inclusion, attraction and retention, training and development, labour and industrial relations, etc.
- Human rights (inclusive of modern slavery): commitment, assessment, remedy, etc.
- Communities: social licence, social impact management, stakeholder engagement, local content, etc.
- Indigenous people: engagement, agreements, cultural heritage, etc.
- Shared value: contributions, programs, etc.
- Supply chain management: due diligence, ongoing management, etc.
Governance
- Structures: corporate governance roles and responsibilities.
- Policies: corporate policies (e.g. Whistleblower policy) and relevant codes of conduct for directors, employees and suppliers, etc.
- Anti-bribery and corruption: commitment, allegations, etc.
- Memberships: internationally recognised associations, organisations and standards.
- Public disclosures: ESG and financial performance, tax, etc.
- Business principles: Business ethics and transparency, etc.
