Bhp Group Ltd · ASX:BHP
Bhp — ESG Presentation (June 2021)
26 slides from Bhp's sustainability presentation, Jun 22, 2021
Slide 1: 2021 BHP Tailings Storage Facility management update
2021 BHP Tailings Storage Facility management update BHP Tailings Taskforce RS1 TSF
Slide 2: Disclaimer
Disclaimer Forw ard-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; closure or divestment of
Slide 3: Key messages
Key messages Our operating We are focused on the safety and integrity of tailings storage context facilities (TSF) across operations and legacy assets1. BHP is Committed to working with the International Council on The push for Mining and Metals (ICMM) and other organisations to pursue change improv
Slide 4: Part 1: Our operating context
Part 1: Our operating context Olympic Dam
Slide 5: A fundamental approach across our portfolio
A fundamental approach across our portfolio We must ensure the integrity of TSFs across our operations and legacy assets 1 to protect our people, the environment and communities in which we operate Operated Active Inactive Extreme Very high High TSFs2 TSFs operated TSFs operated TSFs TSFs2 TSFs2 73
Slide 6: Overview of our journey to date
Overview of our journey to date As a company, we have been specifically addressing TSF failure risk for many years 2021 BHP TSF management update 22 June 2021 6
Slide 7: BHP's Tailings Taskforce
BHPs Tailings Taskforce The Tailings Taskforce was brought together in 2019 to support the governance and management of TSFs across our portfolio BHP tailings goals mandated Tailings Taskforce supports Outcomes by senior management Improving safety We achieve these goals by a clear set of actions an
Slide 8: BHP supports calls for greater transparency with TSFs
BHP supports calls for greater transparency with TSFs We work with all stakeholders to promote the application of consistent disclosure that informs betterTSF stewardship A panel of experts appointed by the co-conveners (ICMM, Principles for Responsible “As an industry, we must constantly challenge
Slide 9: Part 2: BHP's alignment to and implementation of the GISTM
Part 2: BHP’s alignment to and implementation of the GISTM Miami Ave TSF
Slide 10: Approach to TSF risk management at BHP operations
Approach to TSF risk management at BHP operations1 Improving the management of controls and governance of TSFs A multi-dimensional TSF risk management approach: 1. Maintenance of dam integrity; 2. Operational Surveillance and Maintenance; and 3. Emergency preparedness and response. TSF mandatory min
Slide 11: BHP's TSF strategy
BHP’s TSF strategy BHP’s Tailings Storage Facility Policy Statement BHP’s aspiration is to have zero harm from tailings and we work with others and share progress in an effort to make this a reality. BHP’s TSF Strategy Governance controls Risk mitigation Key Risk Indicators (KRIs) Short-term risk re
Slide 12: BHP's pathway towards implementation of the GISTM
BHP’s pathway towards implementation of the GISTM Setting ourselves up for success for the future implementation of the GISTM Tailings Taskforce Working towards conformance GISTM working group Completing a corporate benchmark Corporate level self- assessment Gap against the GISTM Analysis Technical
Slide 13: Internal alignment and simplification
Internal alignment and simplification We have ensured there is consistency with our governance and management practices and the GISTM Governance Alignment Aligning all of our internal guidance and performance monitoring to the GISTM Risk Mitigation Global Continuing our risk reduction program of wor
Slide 14: Our corporate governance associated with the GISTM
Our corporate governance associated with the GISTM Example: Principal 8: Establishing policies, systems and accountabilities to support the safety and integrity of the Tailings Facility TSF Policy Statement Tailings Management System Accountable Executives Requirement 8.1: The Board of Directors sha
Slide 15: The safety of our people and the communities in which we operate always comes first
The safety of our people and the communities in which we operate always comes first Managing our material safety risks is key, including the potential failure of a TSF at our operations Operated assets We evaluate all 73 NOJV assets operated TSFs1 in line with Legacy assets the Canadian Dam Associat
Slide 16: Case Study 1: Miami Ave TSF in Arizona, USA
We were already on a journey towards rapid risk reduction Case Study 1: Miami Ave TSF in Arizona, USA FY20 Status The Miami Avenue Tailings Project involves the relocation of legacy tailings from historic underground copper mining activities. Located in Miami, Arizona, BHP’s Miami Unit mine was FY21
Slide 17: Case Study 2: Newman, Western Australia
We were already on a journey towards rapid risk reduction Case Study 2: Newman, Western Australia FY20 Status FY21 Current State Completed in FY21, the barrier wall has reduced the CDA classification from Extreme to High. At Newman Operations (formerly Mount Whaleback) in the Pilbara region of Weste
Slide 18: Case Study 3: Nickel West, Western Australia
We were already on a journey towards rapid risk reduction Case Study 3: Nickel West, Western Australia Previous Status FY21 Current State At the Leinster Nickel West Operation in Western Additional buttressing completed in FY21 has further reduced the likelihood of a failure and Australia, the Leins
Slide 19: Part 3: Industry opportunities and challenges
Part 3: Industry opportunities and challenges Escondida
Slide 20: Increasing capability across the industry
Increasing capability across the industry Future Tails Partnership Investing 5 year partnership A$2m each These funds will contribute to the people, technology and practices that will support our industry tailings/waste management facilities in the future. • Delivering four leading-edge training pro
Slide 21: Creating a streamlined disclosure strategy
Creating a streamlined disclosure strategy There is a strong desire to simplify requests related to disclosure We are committed to improving the transparency of information about TSFs and are working with the ICMM and other relevant organisations to pursue improvements in global tailings management
Slide 22: Encouraging industry collaboration
Encouraging industry collaboration Partnerships to focus on addressing priority tailings opportunities to accelerate and de-risk development pathways • We are committed to working with the mining ecosystem to continue engaging in collaborative programs to pool collective knowledge, experience and re
Slide 23: The future of TSF management at BHP
The future of TSF management at BHP TSF management and GISTM implementation is a priority for BHP and will be further integrated in our business practices Tailings Taskforce supports Technical Centre of Excellence We achieve these goals by a clear set of actions and 1. Improving the management of Ta
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Slide 25: Tailings dam classification systems
Tailings dam classification systems Tailings dam classification informs design and management of dam facilities and assessment of dam risk BHP primarily classifies dams according to both the classification system of the Canadian Dam Association (CDA) and the Australian National Committee on Large Da
Slide 26: Tailings dam classification systems
Tailings dam classification systems Consequence is based on the most significant, possible outcome in any of the categories, regardless of probability Classification is based on the modelled, hypothetical most significant failure mode without controls – not on the current physical stability of the d