Business
Completion of External Assurance Process
Completion of External Assurance Process.
About this update from Ferrexpo Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 25 July 2022 \n \n \n \n \n Ferrexpo plc\n \n \n \n \n (\"Ferrexpo\" or the \"Company\" or the \"Group\")\n \n \n \n \n \n \n \n \n \n Completion of external assurance process for selected sustainability reporting\n \n \n \n Ferrexpo plc (LSE: FXPO), the world's third largest exporter of high grade iron ore pellets to the global steel industry, with operations in central Ukraine, is pleased to announce that it has completed an external assurance process on the Group's reporting of key safety metrics and Scope 1 and Scope 2 greenhouse gas emissions for its performance in 2021.\n \n \n The limited assurance process was carried out by the Group's independent auditor, MHA MacIntyre Hudson (\"MHA\"), and was completed in line with the requirements of the International Standard on Assurance Engagements ISAE (UK) 3000 (Revised) Assurance Engagements (\"ISAE 3000\"), as issued by the International Auditing and Assurance Standards Board.\n \n \n In undertaking its first external assurance process, the Group selected its reporting of safety and greenhouse gas emissions as key elements of its reporting. In safety, the Group's reporting of its lost time injury frequency rate and total recordable injury rate were selected for assurance as these are the main indicators of safety as presented in Ferrexpo's public reports and enable benchmarking of performance against peers. The Group also recognises the importance of clear and accurate reporting of its greenhouse gas emissions footprint, and assurance of its Scope 1 (direct) and Scope 2 (indirect) emissions was therefore also obtained as part of the same process. Ferrexpo will look to continue this process of obtaining external assurance of sustainability data going forward, and will look to expand the number of sustainability topics covered over time.\n \n \n The assurance process announced today has reviewed the relevant figures as presented by the Group in its Annual Report and Accounts for 2021, which is available on the Group's website (\n \n \n www.ferrexpo.com\n \n \n ).\n \n \n Details of the assurance process completed, including the Assurance Report issued by MHA and Reporting Criteria for the information covered by this process, have been published on the Group's website alongsid...