IGO SUSTAINABILITY REPORT 2022— 31 30 —IGO SUSTAINABILITY REPORT 2022 Our Approach to Sustainability Sustainable Development Goals We have long recognised our broader role in society and the importance of alignment with international standards and goals. IGO’s approach to sustainability and our sustainability framework is aligned to the UN SDGs. The SDGs are a set of 17 goals and 169 targets endorsed by the UN in 2015. Australia, along with 192 other countries, has agreed to take steps to fulfill the broad sustainability agenda focused on the need to end poverty, fight inequality and injustice, and respond to climate change by 2030. It is a roadmap to work in partnership and intensify efforts to share prosperity, empower people’s livelihoods, ensure peace and heal our planet for the benefit of this and future generations. IGO seeks to contribute to the fulfilment of the SDGs, and work towards this achievement through: • our direct business activities – the products we produce and the way we produce them • our voluntary social investment – in alignment with our purpose of Making a Difference; and • our economic contributions – the taxes and royalties we pay, the direct and indirect employment opportunities we create, and our supply chain. This year we have identified six SDGs where our activities best contribute to the universal social and economic aspirations and illustrate where we can influence and have the most significant impact. Our contribution towards these goals is addressed throughout the report. Sustainable Development Goal IGO’s Contribution Read More Good health and wellbeing Ensure healthy lives and promote wellbeing at all ages. We care about the safety, health and wellbeing of each other, and that of our host communities. Ensuring healthy lifestyles and promoting wellbeing is essential to sustainable development. As a key material issue to our business, we maintain an expectation of continuous improvement in the safety of our workplaces, the efficacy of our safety and health systems, and the creation of a culture that reflects real care for the health and wellbeing of our people. Safety and Wellbeing Page 45 Gender equality Achieving gender equality and empowering all women and girls. We value the strength of a diverse workforce and inclusive culture, where every person is respected and empowered. We recognise the impact of diversity and inclusion on employee engagement, organisational capability, employee wellbeing, performance and the creation of sustainable stakeholder value. Diversity and inclusion ultimately builds a more robust business. Supporting diversity and inclusion is our long-term commitment at IGO. Our People Page 37 Decent work and economic growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. SDG 8 speaks directly to the key pillar of IGO’s strategy in the delivery of products that are made safely, ethically, sustainably and reliably. This drives the way we operate and conduct our business. Our success in delivering our business strategy enables us to share the benefits our business creates, particularly with our employees, communities, governments and Traditional Owners, and contribute to the growth of the local and regional economies. We share economic value and growth through taxes, employment and procurement opportunities, and build our host communities by investing in education and training and providing corporate giving payments. Our Financial Contributions Page 93 Sustainable Development Goal IGO’s Contribution Read More Industry, innovation and infrastructure Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation. We have an innovative culture that proactively applies new technologies and processes to leverage our business potential, optimise business value, enable the discovery of new resources, and supply the products critical for a clean energy future. We seek better ways to explore and extract metals from the earth, while reducing environmental impacts and improving safety. We understand innovation to being a catalyst for establishing the sustainable, carbon neutral mines of the future. We seek to share learnings and collaborate with others. Our Response to Climate Change Page 59 Investment in Research, Collaboration and Innovation Page 95 Responsible consumption and production Ensure sustainable consumption and production patterns. SDG 12 relates to how we mine and produce products critical to a clean energy future, contributing to ethical global supply chains and a clean energy future. It extends our thinking and progress into how we can, in partnership, accelerate efforts to decarbonise our business and our supply chains, whilst ensuring we play a key role in the transition to a low carbon economy. We continue to refine our approach towards improving our resource efficiency, ensuring sustainable consumption and production patterns. We aim to protect the environment and respect our host communities and neighbours. We work hard to avoid harm to our people and set ourselves high environmental standards. Environment Page 77 Climate action Take urgent action to combat climate change and its impacts. We acknowledge the reality of climate change and its potential to have a catastrophic impact around the world. Governments, companies and investors converged at the UN’s Climate Change Conference, COP26, in Glasgow, to reset their ambition to reduce emissions and work in partnerships to transform our economy to net zero. It was clear in Glasgow that this is the decade for action. We will reduce our climate change impact through the decarbonisation of our operations, decarbonisation of our supply chain, and our supply of products critical to a clean energy future. We aspire to be leaders in the acceleration to carbon neutrality and we aspire to be carbon neutral across our direct operations and activities by 2035. Our Response to Climate Change Page 59
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