Slide 1: BHP's inaugural Water Report
BHP’s inaugural Water Report John Mogford, Non-executive Director, BHP Erika Korosi, Water Stewardship Team, BHP London, 7 September 2018
Slide 2: Welcome and introductions
Welcome and introductions Inaugural Water Report 7 September 2018 2
Slide 3: Purpose and agenda
Purpose and agenda Water is vital to the livelihood of communities, the health of the environment and the sustainability of our business. Without access to water, our business simply could not operate. Purpose Provide the context to and highlights of BHP’s inaugural Water Report. Agenda 1. BHP’s wat
Slide 4: We recognise the shared, varied and changing nature of water-related risks
We recognise the shared, varied and changing nature of water-related risks • Water is a critical enabler for BHP, a shared resource, a basic Copper Iron Ore human right and key to ecosystem function. • Access to and sustainability of water is under increasing pressure. • The long-life of our Assets
Slide 5: The shared nature of water
The shared nature of water Water is a vital shared resource. It is essential to life and plays a spiritual, cultural, recreational, ecological and economic role in every landscape. This requires collaboration within a catchment between communities, government, business and civil society to responsib
Slide 6: Our water stewardship strategy
Our water stewardship strategy We can create long-term shareholder value only if we safeguard the sustainability of our operations with the support of our host communities. This perspective has informed our water stewardship strategy, so we can improve our management of water, increase transparency
Slide 7: Water stewardship road map
Water stewardship road map Group-level actions Asset-level actions Inaugural Water Report 7 September 2018 7
Slide 8: The role of disclosure
The role of disclosure Transparency builds understanding and accountability for our water performance. Comparable disclosure of water data, risks and performance by all key users is fundamental to effective water resource governance and sustainability. Inaugural Water Report 7 September 2018 8
Slide 9: Disclosure – where we are coming from
Disclosure – where we are coming from BHP has been using sector specific water accounting standards and reporting water performance publically for a number of years: • Historically our annual Sustainability Report has been the main platform for disclosure of Company-level water-related risk and perf
Slide 10: Disclosure – where we want to go
Disclosure – where we want to go Effective disclosure requires a simple, transparent reporting of water interactions, performance and risk. This will be a journey both internally and externally. • Benchmarking and stakeholder engagement has highlighted that the future state for water disclosure is s
Slide 11: BHP 2018 Water Report
BHP 2018 Water Report This Water Report is our first step towards more accessible and transparent water reporting. • It shows our interactions with water from extraction, use and discharge; and of our water-related performance and risks. • The Report is based on the International Council on Mining a
Slide 12: BHP's water sensitivity and risk assessments
BHP’s water sensitivity and risk assessments Inaugural Water Report 7 September 2018 12
Slide 13: BHP's water sensitivity assessment
BHP’s water sensitivity assessment* * For full list of assets and definitions of terminology used, refer to page 15 of the report. Inaugural Water Report 7 September 2018 13
Slide 14: Our water-related risks by asset
Our water-related risks by asset* * For full list of assets and definitions of terminology used, refer to page 16 of the report. Inaugural Water Report 7 September 2018 14
Slide 15: Risk management – case studies
Risk management – case studies Inaugural Water Report 7 September 2018 15
Slide 16: Water and our governance processes
Water and our governance processes The Board’s Sustainability Committee oversaw the development of our water stewardship strategy in FY2017 and will monitor its implementation and our water-related public targets and goals. We have core business processes, requirements and guidance materials that ap
Slide 17: Water and our governance processes – operational level controls
Water and our governance processes – operational level controls* * For full list of risk controls and definitions of terminology used, refer to page 43 of the report. Inaugural Water Report 7 September 2018 17
Slide 18: BHP's Performance
BHP’s Performance Inaugural Water Report 7 September 2018 18
Slide 19: Performance – water inputs
Performance – water inputs Inaugural Water Report 7 September 2018 19
Slide 20: Performance – water outputs
Performance – water outputs Inaugural Water Report 7 September 2018 20
Slide 21: Performance – five year target
Performance – five year target Five year target We achieved a two per cent reduction of fresh water withdrawal against our new five-year water target of reducing FY2022 fresh water withdrawal by 15 per cent from FY2017 levels. Inaugural Water Report 7 September 2018 21
Slide 22: Performance – longer term goal
Performance – longer term goal Longer-term goal Aligned with the United Nations Sustainable Development Goals (UN SDGs): ‘In line with United Nations Sustainable Development Goal (UN SDG) 6, BHP will collaborate to enable integrated water resource management in all catchments where we operate by FY2
Slide 23: Questions and comments
Questions and comments Inaugural Water Report 7 September 2018 23
Slide 24: Summary FY18 performance data
Summary FY18 performance data Inaugural Water Report 7 September 2018 24
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