ESG due diligence criteria

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 and opportunities when evaluating the 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 Operators’ ESG performance

Assessment criteria will facilitate consistent and thorough due diligence of investment opportunities in support of the ESG investment principles.

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.

Health and safety: incidents, fatalities, lost time injury frequency rates, etc.

People: diversity and inclusion, attraction and retention, training and development, etc.

Human rights (inclusive of modern slavery): commitment, assessment, remedy, etc.

Communities: social impact management, stakeholder engagement, local content, etc.

Indigenous people: engagement, agreements, etc.

Shared value: contributions, programs, etc.

Supply chain management: due diligence, etc.

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 (e.g. International Council on Mining & Metals (“ICMM”))

Public disclosures: ESG and financial performance, tax, etc.