Slide 1: ESG roundtable
ESG roundtable September 2021
Slide 2: Disclaimer
Disclaimer Forward-looking statements This presentation contains forward-looking statements, including statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; production forecasts; plans, strategies and objectives of management; assumed long-term scenari
Slide 3: Agenda
Agenda Introduction Geof Stapledon Climate change Fiona Wild, Graham Winkelman, Ben Ellis, Anna Wiley, Lee Levkowitz, Tony Cudmore Biodiversity Tim Cooper, Anne Dekker Cultural heritage Libby Ferrari, Colin Johnston Safety update Rob Telford, Michael Donoghue Q&A Geof Stapledon Climate change (repea
Slide 4: Climate change
Climate change Fiona Wild VP Sustainability and Climate Change
Slide 5: Climate Transition Action Plan
Climate Transition Action Plan Builds on the BHP Climate Change Report 2020 Updates on BHP’s climate performance Aligned to the CA100+ Net Zero Company Benchmark More detail on key indicators Basis of ‘Say on Climate’ advisory vote ESG roundtable 21 September 2021 5
Slide 6: Operational greenhouse gas (GHG) emissions
Operational greenhouse gas (GHG) emissions1 Reducing operational emissions FY2021 GHG • 16.2 Mt CO -e 2 Agreement for Agreement for Working with Established a pipeline of emissions decarbonisation projects at 50% Up to 50% Komatsu and Caterpillar on all operated assets renewable electricity renewabl
Slide 7: Addressing Scope 3 emissions
Addressing Scope 3 emissions Supporting emissions reductions in our value chains through partnership FY2021 actions 2030 goals Processing Three partnerships with Support industry to develop and use of customers in the technologies and pathways sold products steelmaking sector capable of 30% emis
Slide 8: Value chain GHG emissions
Value chain GHG emissions Total reported Scope 3 emissions inventory for FY2021 of 402.5 Mt CO2-e US$65 million in partnerships Committed to invest up to Research program with University of Newcastle to focused on steel decarbonisation study raw material properties in iron and steel with three major
Slide 9: Our enhanced Scope 3 position
Our enhanced Scope 3 position1 While we cannot ensure the outcome alone, for our reshaped portfolio,3 we are pursuing the long-term goal of net zero Scope 3 GHG emissions by 2050 to support the transition that the world must make. Our reshaped portfolio will be focused on copper, nickel, potash, iro
Slide 10: Capital allocation
Capital allocation One or more Paris-aligned scenarios (including 1.5°C scenarios) to be systematically integrated Value BHP’s 1.5°C Scenario Decarbonisation into our strategy and capital • Swift decarbonisation of power of stationary prioritisation processes in FY2022 • Rapid electrification of all
Slide 11: Climate policy
Climate policy • Climate change is a global challenge, and international collaboration is required to maximise emissions reductions and minimise impacts to competitiveness. • National governments should set long-term climate change targets consistent with the Paris Agreement and intermediate targets
Slide 12: Every segment of society has a role to play
The world faces a critical challenge to respond effectively to the risks of climate change. These risks are clear and pressing. Every segment of society – including business, government, investors, scientists and consumers – has a role to play. ESG roundtable 21 September 2021 12
Slide 13: Biodiversity
Biodiversity Tim Cooper Principal Biodiversity & Land Management Anne Dekker Vice President Environment
Slide 14: Our journey of contributing to a resilient environment
Our journey of contributing to a resilient environment As a company, we have been specifically addressing biodiversity and land management for many years Pre-2000s Focus on regulatory compliance, implementation of operated asset-level HSE management standards and systems 2008 ‒ No exploration or ext
Slide 15: A global approach to biodiversity and land management
A global approach to biodiversity and land management Supporting our biodiversity vision for a nature-positive company Drivers Our approach Outcomes Climate change A vision for a nature-positive BHP Creates value for society and shareholders Water / Food Committed to avoiding areas or activities whe
Slide 16: Cultural heritage
Cultural heritage Libby Ferrari Vice President Indigenous Engagement and Community Colin Johnston Manager Indigenous Affairs
Slide 17: Indigenous Peoples Strategy
Indigenous Peoples Strategy BHP Indigenous Peoples Policy Statement BHP aims to be a partner of choice for Indigenous peoples through which our relationships contribute to their economic empowerment, social development and cultural wellbeing. BHP Indigenous Peoples Strategy Governance Economic empow
Slide 18: Australian Cultural Heritage management update
Australian Cultural Heritage management update Consistent with our Indigenous Peoples Policy Statement, Indigenous Peoples Strategy and Reconciliation Action Plan commitments Category Milestones Part of a new global Indigenous Engagement team, this includes a People and permanent Minerals Americas
Slide 19: Agreement making case study: Barada Barna ILUA
Agreement making case study: Barada Barna ILUA ESG roundtable 21 September 2021 19
Slide 20: Safety
Safety Rob Telford Group HSE Officer Michael Donoghue Consultant Dr, Health and Hygiene
Slide 21: Strong safety performance
Strong safety performance In FY2021, we continued to focus on strong safety performance Workplace fatalities High-potential injuries Occupational exposures 17% 70% Zero fatalities compared to the adjusted FY2017 in high-potential injury (HPI) at our operated assets frequency rate from FY2020 bas
Slide 22: Supporting our people and communities through COVID-19
Supporting our people and communities through COVID-19 Putting the health and safety of our people and communities first Improved quarantine and testing regime Health and medical support Mental health Support to our Minerals Americas operated assets Regional community support in Australia BHP Founda
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Slide 24: Footnotes
Footnotes 1. Slides 6 & 9 : These positions are expressed using defined terms, including the following: (i) ‘Net zero’ includes the use of carbon offsets as required; (ii) ‘Target’ means an intended outcome in relation to which we have identified one or more pathways for delivery of that outcome, su