Slide 1: ESG roundtable
ESG roundtable 29 November 2023
Slide 2: Disclaimer
Disclaimer Forward-looking statements This presentation contains forward-looking statements, which may include statements regarding: our strategy, our values and how we define success; our expectations of a competitive advantage for our business or certain products; our commitment to generating soci
Slide 3: FY23 social value highlights
FY23 social value highlights Delivering on our framework with tangible results Our social value framework Decarbonisation Healthy Indigenous Safe, inclusive Thriving, Responsible environment partnerships and future ready empowered supply chains workforce communities Operational GHG Natural Capital I
Slide 4: Agenda
Agenda Introduction Bronwyn Wilkinson Vice President ESG, Investor Relations Elsabe Muller Group HSE Officer Safety Johan van der Merwe Head of Safety Sexual harassment Robyn Dittrich Vice President Global Operations Program Operational decarbonisation Graham Winkelman Head of Carbon Management Scop
Slide 5: Safety
Safety Elsabe Muller Group HSE Officer Johan van der Merwe Head of Safety
Slide 6: Safety insights
Safety insights Two tragic fatalities in FY23 despite a long-term downward trend for fatalities and High Potential Injury Frequency Financial year High Potential Injury (HPI) events and frequency 0.40 54 60 Workplace fatalities 42 0.30 0.34 45 33 30 2 0.20 0.10 0.24 0.20 24 0.15 0.18 30 15 in HY2 FY
Slide 7: Fundamentals of safety: focus on improvement
Fundamentals of safety: focus on improvement Applying a sustained focus on improving and strengthening our existing processes and programs Example What this means • Continuously improve quality of investigations Learning from significant events • Effective sharing of investigations – internal and ex
Slide 8: Sexual harassment
Sexual harassment Robyn Dittrich Vice President Global Operations Programs
Slide 9: Building safe, inclusive, respectful workplaces
Building safe, inclusive, respectful workplaces Our strategy drives action in both prevention and response Gender equality Mitigating risks Capability and behaviours > 35% 100% ~80,000 female employee representation: of Critical Controls implemented workers educated on sexual harassment a key protec
Slide 10: Sexual harassment incident response
Sexual harassment incident response Incident reported Risk assessment (health, safety, mandatory reporting) performed immediately and action taken as appropriate. Resolution pathways Leaders Triage & assessment Leader is engaged to implement a resolution for Resolution pathway Incident report is ass
Slide 11: FY24 priorities and future vision
FY24 priorities and future vision Our commitment is to creating safer, more inclusive and respectful workplaces by eliminating sexual harassment and sex-based discrimination FY24 focus Future vision Promote gender balance, inclusive work practices Sexual harassment prevention embedded in culture, an
Slide 12: Operational decarbonisation
Operational decarbonisation Graham Winkelman Head of Carbon Management Merredin Solar Farm, Western Australia
Slide 13: Our focus on operational decarbonisation
Our focus on operational decarbonisation Working with global partners and other stakeholders in the value chain On track to reduce our operational emissions by at least 30% by FY30 from FY20 levels We have an aspirational goal to achieve net zero operational emissions by 2050 To succeed: • technolog
Slide 14: Positive steps taken towards our FY30 target
Positive steps taken towards our FY30 target BHP is firmly focused on reducing operational emissions and has made good progress to date Operational greenhouse gas (GHG) emissions (Mt CO2-e) 16 ▼32% 14 Other (15%) 12 10 Electricity (43%) Other (20%) 8 Electricity (19%) 6 Diesel Diesel 4 (42%) (61%) 2
Slide 15: BHP's operational decarbonisation trajectory
BHP’s operational decarbonisation trajectory Decarbonisation will be non-linear and will require significant effort to overcome emissions growth and technology challenges BHP’s net zero trajectory: significant early action with future BHP’s net zero cumulative emissions trajectory range of uncertain
Slide 16: Scope 3 GHG emissions: Steelmaking
Scope 3 GHG emissions: Steelmaking Nigel Tame Head of Technical Partnerships
Slide 17: Our Scope 3 goals related to steelmaking emissions
Our Scope 3 goals related to steelmaking emissions Solutions focussed to help develop pathways to enable decarbonisation 2030 Support industry to develop technologies and pathways capable of 30% emissions intensity reduction in integrated steelmaking, with widespread adoption expected post 2030 2050
Slide 18: Steel decarbonisation in three stages
Steel decarbonisation in three stages Regions would transit through these stages at different rates, based on local conditions faced by steel producers Optimisation stage Transition stage Green end state Up to 20% CO2 emissions intensity reduction vs BAU Greater than 20% reduction vs. BAU Near zero
Slide 19: How we pursue our Scope 3 goals: steelmaking
How we pursue our Scope 3 goals: steelmaking Forming strategic partnerships, making targeted investments and advocating for standards and transparency Customer partnerships Research Ventures Partnering with 8 strategic customers representing Establish and develop cooperative research Invest in and t
Slide 20: Near zero emission steel
Multiple initiatives underway to achieve our goals The Blast Furnace will require CCUS in combination with other technologies to achieve near zero emission steelmaking1 Four process routes Abatement potential of each initiative [Sequence of furnaces or reactors used for process] (% reduction from av
Slide 21: Electric smelting furnace a priority technology
Electric smelting furnace a priority technology1 Electrified steelmaking offers deep abatement potential but requires substantial further work to successfully scale up Four process routes Abatement potential of each initiative [Sequence of furnaces or reactors used for process] (% reduction from ave
Slide 22: Environment: Nature and Biodiversity
Environment: Nature and Biodiversity Mischa Traynor Vice President Environment
Slide 23: Our journey of contributing to a resilient environment
Our journey of contributing to a resilient environment BHP has been specifically addressing water, biodiversity and land management for many years Pre-2000s Focus on regulatory compliance, implementation of operated asset-level HSE management standards and systems Commitment to: 2008 ‒ No exploratio
Slide 24: Nature and biodiversity: why it's important
Nature and biodiversity: why it’s important A global decline in biodiversity threatens people and economies 1 million animal and plant species are Nature is a blind spot in economics – threatened with extinction – more than ever putting biodiversity under huge before in human history pressure and so
Slide 25: Valuing our Natural Capital
Our approach is tailored to our portfolio Optimising opportunities on the lands and waters we own, lease and manage; and outside our footprint and in our supply chain Biodiversity strategy Water Stewardship Position Statement Our Position on Climate Change Nature-Positive1 Plans Context-based water
Slide 26: Context-based water targets: released FY23
Context-based water targets: released FY23 The first milestone of our Healthy Environment goal Our approach BHP’s Catchment 1 Action to improve BHP’s water performance 1. catchment shared water water-related challenges 2 Action for collective benefit of catchment stakeholders 2. risks and priorities
Slide 27: NSWEC: Pathway to 2030
NSWEC: Pathway to 2030 A region in transition: preparing to close one of Australia’s largest coal mines Liz Watts Acting Vice President NSW Energy Coal
Slide 28: NSWEC Transition and Closure
NSWEC Transition and Closure Guided by the BHP social value framework and Equitable Change and Transition principles Our purpose is to bring people and resources together to build a better world. Social value Decarbonisation Healthy Indigenous Safe, inclusive Thriving, Responsible pillar environment
Slide 29: Land use possibilities
29 Land Use possibilities…1 Agriculture Recreation Solar Manufacturing Hydro 1. Future land uses are conceptual and subject to separate approval.
Slide 30: Samarco
Samarco Bronwyn Wilkinson Vice President ESG, Investor Relations
Slide 31: Renova Foundation: remediation and compensation
Renova Foundation: remediation and compensation ~R$33bn spent on remediation and compensation programs to October 2023 Resettlement Compensation Environment and infrastructure • ~80% of resettlement cases1 completed across the • Claims processed for almost 85%2 of people • Data indicates the water q
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