Boliden AB · OMXSTO:BOL

Boliden AB — Investor Day (November 2014)

15 slides from Boliden AB's investor day presentation, Nov 10, 2014

  1. Slide 1: Creating value from responsible business

    Creating value from responsible business Henrik Östberg, SVP Corporate Responsibility Capital Markets Day 2014 10 November 2014 CMD 2014 1 2014-11-10

  2. Slide 2: Creating value from responsible business

    Creating value from responsible business Ensure Production stability operational Safety culture stability Minimize environmental Lower discharges and emissions risk Employees Develop value Suppliers driven business Customers CMD 2014 2 2014-11-10

  3. Slide 3: Accident rate improved by 44% since 2004

    Accident rate improved by 44% since 2004 14 12 10 LTI Frequency 8 Target: 6 2014: 6.0 4 2016: 3.1 2 0 2018: 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD LTI Frequency Tot. LTI Frequency, Employees CMD 2014 3 2014-11-10

  4. Slide 4: Safety performance and production stability are positively correlated

    Safety performance and production stability are positively correlated 18% 16 16% 14 14% 12 12% Production stability 10 10% 8 8% 6 6% 4 4% 2% 2 0% 0 1201 1204 1207 1210 1301 1304 1307 1310 1401 1404 1407 Production stability deviation LTI Frequency, Employees Note: Illustrative graph. CMD 2014 4 2014

  5. Slide 5: High safety standards reduce cost

    High safety standards reduce cost  Minimizes work accidents  Gives opportunities for light duty  Decreases sick leave rate Sick leave costs Daily cost, Sick leave Annual cost, SEK* rate MSEK 4% ~ 80 1,900 3% ~ 60 *Estimate based on Swedish National Insurance Office data. CMD 2014 5 2014-11-10

  6. Slide 6: Metal discharge into water reduced by 99.9% at Rönnskär

    Metal discharge into water reduced by 99.9% at Rönnskär Tonnes per year 3,500 3,000 60% metal production 2,500 increase 2013 vs. 2,000 1990 1,500 1,000 4.2 tonnes 500 0 1970 1975 1980 1985 1990 1995 2000 2005 2010 Note: Metal discharge to water include copper, lead, zinc and arsenic. 2014-11-10 6 CM

  7. Slide 7: Beating our environmental targets

    Beating our environmental targets Strong environmental results 2013 (2009) 10% SO2 to air 3% 4% Metals to water Metals to air 0% Emissions of CO2 -10% -10% -20% -30% -25% -25% -27% -40% -50% -45% -60% -58% -70% Target Actual Note: CO2 not subject to permit level. CMD 2014 7 2014-11-10

  8. Slide 8: What is good for the environment is also good for us

    What is good for the environment is also good for us Coal substituted by NG Biofuels for trucks MAC: SEK/tCO2e Electricity from and industrial trains renewable sources Heat recovery in underground mines Electrified trucks (partly) Process optimisation (efficiency) Potential tCO2e saving/year Note: F

  9. Slide 9: Responsible business lowers commercial risk and cost

    Responsible business lowers commercial risk and cost Cost increase 0 Credit down- Tolerance for grades Image & corruption reputation damage Supplier contract 80% Legal costs Managers have taken cost increases anti-corruption training Fines Corruption CMD 2014 9 2014-11-10

  10. Slide 10: Evaluating business partners

    Evaluating business partners Systematic approach 140 120  Initiated in 2010 100  86% response rate of target group 80 No  Increased emphasis in 2014 60 40 20 0 Questionnaires Responses Visits and initiated dialogues YTD 2013 YTD 2014 CMD 2014 10 2014-11-10

  11. Slide 11: Case – improving quality through dialogue

    Case – improving quality through dialogue Large supplier to Odda located in Morocco 2010: Today: Quality issues Two audits done No quality issues Survey response 2010 and 2012 Commitment to not fulfilling CSR goals

  12. Slide 12: It is all about people – high education standards are critical

    It is all about people – high education standards are critical 50% of white collar workers have an academic degree Ph D Other 3% 15% Master 16% Bachelor Upper 29% secondary 37% CMD 2014 12 2014-11-10

  13. Slide 13: Creating value from responsible business

    Creating value from responsible business Ensure Production stability operational Safety culture stability Minimize environmental Lower discharges and emissions risk Employees Develop value Suppliers driven business Customers CMD 2014 13 2014-11-10

  14. Slide 14: Disclaimer

    Disclaimer  This presentation has been prepared by Boliden for information purposes only and as per the indicated date. Boliden does not undertake any obligation to correct or update the information or any statements made therein. Certain statements in this presentation are forward-looking and are

  15. Slide 15: Capital Markets Day

    Capital Markets Day 90 years of knowledge delivering today’s value

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