IGO SUSTAINABILITY REPORT 2022— 33 32 —IGO SUSTAINABILITY REPORT 2022 Our Approach to Sustainability Collaboration and Innovation Driving Sustainability Across every aspect of our business, we are thinking innovatively about how we work to ensure the safety of our people, enhance our sustainability performance, deliver shared value to our communities, and returns to our shareholders. We view innovation as a catalyst for sustainability and value creation as well as the acceleration of a clean energy future. A key enabler for a more sustainable future is the deliberate collaboration with others – other mining companies, key industry groups, research organisations, global initiatives and consortiums. We actively monitor legislative and regulatory changes, both directly and via key industry groups and sustainability bodies of which we, or our employees, are members. We are deliberate in our participation in select regional, national and global organisations and initiatives, which inform our management approach to sustainability, improve our performance and contribute to global sustainable goals. Our principal memberships, sponsorships and partnerships, and the key roles that IGO representatives contribute, are: Electric Mine Consortium (EMC) IGO was one of nine founding companies of the EMC, that includes industry leaders and mining companies who have the shared the aim of reducing Scope 1 and Scope 2 carbon emissions through the use of clean energy, large-scale storage and electric mining vehicles. The four goals of the consortium include resolving technology choices; shaping the supplier ecosystem; influencing policy; and communicating the business case. While the electrification of mines will reduce greenhouse gases, an additional benefit of the initiative will be reducing workforce exposure to hazardous particulates produced through the burning of diesel. You can read more about the consortium on page 63. Future Battery Industries Cooperative Research Centre (FBICRC) Established in 2019 by the Western Australian Government, the FBICRC provides industry-led research capability to grow Australia’s competitiveness and contribution in the global battery industries value chain. A portfolio of 16 projects has been developed, of which IGO has identified six that align with our strategies. IGO is a core member, with 13 employees participating across a range of programs. Association of Mining and Exploration Companies (AMEC) AMEC represents over 500 members across Australia who work in the mineral exploration and mining industry, providing policy and advocacy initiatives on industry topics. IGO has been a member since 2007. Managing Director and CEO, Peter Bradford, is the current President of AMEC and we participate actively on various standing committees and working groups. WA Mining Club and the WA Mining Club Young Professionals The WA Mining Club was formed in 1972 as a platform for people involved in the industry to meet, network and discuss industry trends. The Young Professionals was more recently established, aspiring to drive diversification and innovation, and create a forum that supports development and retention of young mining professionals. IGO is a member of the WA Mining Club, a key sponsor of the Young Professionals, sponsors two WA Mining Club scholarships for Geology and Indigenous students and will sponsor an additional Mining Engineering scholarship in FY23, and has a significant number of employees who are members. Australasian Institute of Mining and Metallurgy (AusIMM) AusIMM provides professional development, career support and advocacy for industry professionals. It represents a global community of members from 100 countries involved in all aspects of mining. Our Group Manager – Technical Services, Chris Carr, is currently on the AusIMM Board of Directors. Women in Mining WA (WIMWA) WIMWA aims to encourage women to increase their presence in the mining industry. It provides a network of professional connections and supports the industry to be proactive in attracting and retaining women. IGO has a large number of employees who are WIMWA participants. We have a number of key executives who actively participate in WIMWA’s mentoring program as mentors and we were proud to be the platinum sponsor of the WIMWA Summit for the past three years. IGO also regularly sponsors and hosts WIMWA networking events. CEOs for Gender Equity This Western Australian initiative aims to grow awareness of the benefits of gender equity and its impacts when addressed, as well as to set an example for other CEO’s and business leaders who want to bring about change in their workforce. IGO’s Managing Director and CEO, Peter Bradford, is a committee member, after being a strong advocate of the organisation since 2018. Hesta 40:40 Vision IGO were one of ten companies leading the way by joining the Hesta 40:40 Vision, pledging to achieve 40:40:20 gender balance in our executive leadership team by 2030. IGO has long advocated the benefits of diversity and inclusion in our business, and we believe that better gender balance in leadership and across the business is not only the right thing to do but is also good for business. Centre of Resources Excellence (CoRE) Learning Foundation Since 2019, IGO has partnered with the CoRE Learning Foundation, working towards establishing links that connect industry, community, education and government (state and federal) to meet students needs and help deliver future, sustainable workforces for the Australian mining industry. You can read more about our involvement on page 57. Amira Global The Global Industry Standard on Tailings Management was launched on 5 August 2020. The standard provides guidance for our industry to manage its tailings responsibilities. IGO are a member of Amira Global and actively take part in their global tailings program, established to ensure the collaboration of mining companies who together represent over a third of the 2025 planned tailings volume. We recognised that implementation of this industry standard is key and that our industry must work together, learn, share and improve. Resources Technology Trailblazer Initiative IGO has agreed to support the Resources Technology Trailblazer (RTT) Initiative with Curtin University. The initiative includes a number of activities including commercialising innovation and developing capability in the lithium, nickel, cobalt and vanadium technology materials and hydrogen value chains, as well as support optimisation of the resources sector more generally.
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