Newcrest Mining — ESG Presentation (November 2019)
30 slides from Newcrest Mining's sustainability presentation, Nov 14, 2019
Slide 1: Newcrest ESG Lunch
Newcrest ESG Lunch Ian Kemish – Chief People and Sustainability Officer 14 November 2019
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This presentation includes forward looking statements. Forward looking statements can generally be identified by the use of words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, “outlook” and “guidance”, or other similar
Slide 3: Our sustainability vision
Our sustainability vision We aspire to be an industry leader a company that… Strives to ensure everybody Cares for the environment and goes home safe and healthy everyday responds to our climate Listens, develops, maintains strong Acts ethically and transparently community and stakeholder relationsh
Slide 4: Forging a more sustainable Newcrest
Forging a more sustainable Newcrest New policies and climate change targets - released FY19 Sustainability Water Stewardship Aspire to be an Catchment-based industry leader assessments Biodiversity Climate Change Not net loss for Phased TCFD new projects reporting Shadow Carbon GHG emissions Price I
Slide 5: Sustainability targets
Sustainability targets Our focus for FY20 and beyond FY20 Targets Safety Environment Climate People Community Water Emissions Diversity & Community Zero fatalities and 30% lower GHG Inclusion Socio-Economic Catchment-based life-changing emissions intensity continue to improve Contribution risk asses
Slide 6: Our Sustainability Framework
Our Sustainability Framework 5
Slide 7: Newcrest Sustainability Policy
Newcrest Sustainability Policy Our commitments Home safe and Diverse healthy every day Inclusive workforce Respect community Workforce represents rights communities and aspirations Honour cultural Respect human rights heritage Engage openly Efficient use of with stakeholders energy and water Contrib
Slide 8: International and industry standards
International and industry standards High international and industry performance standards International Council on Mining & Metals members – bound by the Sustainability Framework • Must be independently assured annually against the 10 Principles and position statements Minerals Council of Australia
Slide 9: Our approach
Our approach Aligned to the ICMM’s 10 principles Principle #1 Principle #2 Principle #3 Principle #4 Principle #5 Ethical Integrated into Human rights Risk H&S practices Corp Corp Strategy Culture, Management Zero Harm governance Decision customs Sound science Transparency making Employee Principle
Slide 10: Our approach
Our approach Aligned to the World Gold Council Responsible Gold Mining Principles The world's leading gold mining companies’ commitment to responsible mining. 9
Slide 11: Sustainability Report
Sustainability Report What matters most – our material topics FY19 1. Improving safety and health 2. Our climate change response 3. Growing our business Maintaining our commitment to providing a Managing Newcrest’s approach to climate Driving growth through expansion of safe and healthy workplace fo
Slide 12: Material topic 1: Improving safety and health
Material topic 1: Improving safety and health FY19 Outcomes We are providing a safe and healthy workplace for employees and contractors through effective systems, culture and secure operations. Our Safety Transformation Plan continues to direct our efforts and deliver results. In FY19 we: • Achieved
Slide 13: Material topic 1: Improving safety and health
Material topic 1: Improving safety and health Insight: Speaking up for safety In FY19, we rolled out NewSafe NextGen, which builds on previous NewSafe training and is designed to empower people to speak up about safety. • We held NewSafe NextGen workshops at all sites and the Melbourne office, with
Slide 14: Material topic 2: Our climate change response
Material topic 2: Our climate change response FY19 Outcomes Newcrest is working to manage our climate change risks and opportunities, including physical risks from climate change, and transitional and market risks. In FY19, we: • Released a Climate Change Policy, detailing our commitments. • Announc
Slide 15: Material topic 2: Our climate change response
Material topic 2: Our climate change response Insight: Innovation driving down energy demand New technologies and innovative mine design have the potential to reduce energy demand and greenhouse emissions at our sites. In FY19, we pursued initiatives including: • Coarse ore flotation, which allows g
Slide 16: Material topic 3: Growing our business
Material topic 3: Growing our business FY19 Outcomes We are growing Newcrest in line with our aspiration to have exposure to five Tier 1 orebodies by the end of 2020. In FY19 we made significant progress through organic growth, greenfield exploration, early entry business with explorers, and acquisi
Slide 17: Material topic 3: Growing our business
Material topic 3: Growing our business Insight: Our new Canadian business- Red Chris On 15 August 2019 Newcrest completed the acquisition of 70% to operate the Red Chris copper and gold mine in British Columbia, Canada, diversifying our assets and production. • The Red Chris copper-gold porphyry ore
Slide 18: Material topic 4: Managing mine closure
Material topic 4: Managing mine closure FY19 Outcomes All Newcrest operations manage the impacts of mine closure by preparing rehabilitation plans based on our Mine Closure Standard. Our mine closure planning addresses environmental and social aspects, including long-term ownership and use of land,
Slide 19: Material topic 4: Managing mine closure
Material topic 4: Managing mine closure Rehabilitating our mine sites In FY19, all sites advanced rehabilitation planning and implementation. • Telfer continued progressive rehabilitation trials on waste rock dumps to improve the design and efficiency. • Gosowong continued implementing an offset pro
Slide 20: Material topic 5: Working with our communities
Material topic 5: Working with our communities FY19 Outcomes Newcrest’s Social Performance Standard reflects our business requirements and expectations about community impact, development and investment. In FY19 we established the Newcrest Social Performance Management System, which comprises our re
Slide 21: Material topic 5: Working with our communities
Material topic 5: Working with our communities Insight: Partnering in PNG’s development Newcrest contributes to PNG’s development across the country. Under our National Engagement Strategy, we partner with reputable organisations to support PNG’s national development aspirations, providing funding f
Slide 22: Material topic 6: Respecting human rights
Material topic 6: Respecting human rights FY19 Outcomes Newcrest’s respect for human rights is embedded in our Human Rights Policy, Communities Policy and Security Policy, as well as the Newcrest Code of Conduct, Social Performance Standard and Security Code of Conduct. • In FY19 we completed our se
Slide 23: Material topic 6: Respecting human rights
Material topic 6: Respecting human rights Insight: Police human rights training in Indonesia Newcrest has developed Gosowong police human rights awareness training in consultation with the Indonesian police. We provide similar human rights awareness training to our security employees and contractors
Slide 24: Material topic 7: Managing our waste
Material topic 7: Managing our waste FY19 Outcomes Newcrest’s Tailings Management Framework documents our intentions to safely and responsibly manage our tailings facilities. • In FY19 we implemented the Tailings Management Framework at all sites, identifying and mapping areas we need to improve. •
Slide 25: Material topic 7: Managing our waste
Material topic 7: Managing our waste Insight: Diving deep into environmental compliance Our Lihirian environmental divers have renewed their certifications to continue to support coral reef monitoring at our Lihir mine, as part of an Environmental Monitoring and Measurement programme. The local dive
Slide 26: Material topic 8: Ethical and transparent behaviour
Material topic 8: Ethical and transparent behaviour FY19 Outcomes Newcrest is committed to high-quality governance, transparency and ethical business practices and our Legal Governance Compliance Framework assesses and monitors this to ensure we operate in a legal and responsible way. • During FY19,
Slide 27: Material topic 8: Ethical and transparent behaviour
Material topic 8: Ethical and transparent behaviour Insight: Sponsoring 2018 APEC in PNG Newcrest is committed to working collaboratively and transparently with government in our relevant jurisdictions. We demonstrated our work towards sustainable and inclusive growth in PNG to a global audience thr
Slide 28: Material topic 9: Financial sustainability and local economies
Material topic 9: Financial sustainability and local economies FY19 Outcomes Newcrest’s strong financial performance flows from operational discipline and the energy and skills of our employees and contractors. • In FY19, we reported a statutory profit and an underlying profit of $561 million, 178%
Slide 29: Material topic 9: Financial sustainability and local economies
Material issue 9: Financial sustainability and local economies Insight: Sweet kitchen deal means women farmers blossom More than 2,000 women farmers near our Lihir mine are benefitting from an innovative supply deal. Newcrest enables the women to sell the produce to the mine’s camp kitchen, meaning
Slide 30: Newcrest Mining Limited
Newcrest Mining Limited Board Forward Shareholder Enquiries to Peter Hay Non-Executive Chairman Link Market Services Sandeep Biswas Managing Director and CEO Tower 4, 727 Collins Street Gerard Bond Finance Director and CFO Melbourne, Victoria, 3000 Philip Aiken AM Non-Executive Director Australia Ro