Slide 1: ESG Roadshow Presentation ASX Release
ASX RELEASE 7 June 2022 ENVIRONMENT, SOCIAL AND GOVERNANCE ROADSHOW PRESENTATION For personal use only IGO Limited (ASX: IGO) (IGO or the Company) is pleased to attach a copy of presentation materials which will be used during an Environment, Social and Governance (ESG) Roadshow which is being held
Slide 2: IGO Limited ESG Roadshow June 2022
For personal use only IGO Limited ESG Roadshow June 2022
Slide 3: Agenda
For personal use only Agenda Our Strategy, Purpose and Values 3 Our Approach to Sustainability 5 People & Community 8 Environment & Carbon Reduction 16 Governance 20 IGO | ESG Roadshow Presentation | June 2022 2
Slide 4: Our Strategy
Our Strategy Our Purpose of Making a Difference has underpinned our strategy For personal use only IGO | ESG Roadshow Presentation | June 2022 3
Slide 5: Our Purpose & Values
Our Purpose & Values Reimagined through co-creation with our people in 2019 to embody the IGO Difference For personal use only We believe in a world where people power makes amazing things happen. Where technology opens up new horizons and clean energy makes the planet a better place for every gener
Slide 6: Sustainability at IGO
Sustainability at IGO New model in 2021 revolving around seven key pillars For personal use only Sustainability is fully integrated into IGO’s strategy and culture Our approach is driven by IGO's Sustainability Framework Focused on meeting the needs of the present without compromising the ability of
Slide 7: Our Sustainability Performance
Our Sustainability Performance Global recognition for our leading sustainability performance and reporting For personal use only Dow Jones Sustainability Australia Index Dow Jones Sustainability Asia Pacific Index • ESG scores of +7,500 global companies assessed • Top 15% performers within each indu
Slide 8: Materiality Assessment
Materiality Assessment Comprehensive review undertaken during FY22 For personal use only Focused on “what matters” to our stakeholders Materiality assessed via extensive engagement with stakeholders Assessment in line with GRI IGO | ESG Roadshow Presentation | June 2022 7
Slide 9: People & Community
For personal use only People & Community 8
Slide 10: Safety
Safety Improvement in key lag and lead indicators Lag Safety Indicators (TRepIFR1 & SPIFR2) Lead Safety Indicators For personal use only 20 7 500 19 450 6 18 400 17 5 350 16 300 15 4 14 250 13 3 200 12 150 2 11 100 10 1 50 9 8 0 0 TRepIFR (lhs) SPIFR (rhs) Visual Safety Leadership Interactions (VSLI
Slide 11: Employee Engagement
Employee Engagement 2022 Engagement Survey Results demonstrated broad improvement in key metrics For personal use only Employee Engagement Score 74% ▲7% YoY Pride in working for IGO 89% ▲2% YoY Motivated to “go the extra mile” 77% ▲7% YoY IGO’s purpose and goals provide meaningful direction to 78% ▲
Slide 12: Our People
Our People Key Focus for FY22 For personal use only Sexual Harassment Employee Value Holistic Wellbeing Safety Proposition • Ensuring our internal • Multi-angle approach • Focusing on • Enduring commitment practices and training to attracting and enhancing the to safety across the support our strong
Slide 13: Managing the skills shortage
Managing the skills shortage Responding appropriately to attract and retain the best people For personal use only Key focus areas: Culture, Culture, Culture Attractive employee benefits IGO was 4th place in the Mining, Utilities and Agriculture industry Focus on learning and development IGO | ESG Ro
Slide 14: Diversity and Inclusion
Diversity and Inclusion Focus on building a culture of inclusion and belonging For personal use only Female Employment 28% Aboriginal Employment 4.4% Percentage of IGO people say that IGO 89% values diversity Percentage of IGO people say that IGO is 89% inclusive and accepting of diverse backgrounds
Slide 15: Aboriginal Employment
Aboriginal Employment Maximising opportunities for Traditional Owners to join IGO in Making a Difference For personal use only Five Ngadju trainees currently rotating through the business as part of the IGO Ngadju Trainee Program. Plans in place for FY23 intake. Cross-cultural awareness training acr
Slide 16: Cultural Heritage Management
Cultural Heritage Management IGO ensures pro-active engagement with Traditional Owners prior to accessing land For personal use only IGO is a significant tenement holder across northern and Western Australia, and is engaged with multiple Native Title holder and Traditional Owner groups Actively work
Slide 17: Environment
For personal use only Environment 16
Slide 18: Climate Change
Climate Change Aspiring to be carbon neutral across all operations and activities by 2035 For personal use only Two key workstreams addressing our accelerated response to climate change: Supplying products critical to clean energy Reducing our total carbon footprint IGO’s portfolio is uniquely posit
Slide 19: Supplying Products Critical to Clean Energy
Supplying Products Critical to Clean Energy Focused on delivering products that will enable electrification and decarbonisation For personal use only Ni Li Cu Co Nickel Lithium Copper Cobalt Upstream mining and downstream processing Electrification of Renewable Energy Renewable Energy Transport Stor
Slide 20: Reducing our Carbon Footprint
Reducing our Carbon Footprint Committed to playing our part to reduce greenhouse gas emissions For personal use only Enhanced understanding Emissions Reductions Adopting an Internal Carbon removal and of total carbon footprint Programs Carbon Price offsets • Focused on assessing • Four key programs
Slide 21: Nova Carbon Reduction Program
Nova Carbon Reduction Program Four key projects to reduce emissions in FY22 For personal use only Expected to reduce Scope 1 and 2 emissions by 10% from FY20 baseline IGO | ESG Roadshow Presentation | June 2022 20
Slide 22: Governance
For personal use only Governance 21
Slide 23: Board of Directors
Board of Directors Broad mix of skills, experience and backgrounds For personal use only MICHAEL NOSSAL PETER BRADFORD Non-Executive Chairman Managing Director & CEO Tenure: 1.5 years Tenure: 8 years DEBRA BAKKER KATHLEEN BOZANIC PETER BUCK Committee Memberships Committee Memberships Committee Membe
Slide 24: Risk Management
Risk Management Committed to effectively managing economic, environmental, social and governance risks For personal use only Risk Management Review in 2022 IGO’s Head of Risk and Compliance is currently engaged in a ground-up review of IGO’s enterprise risk management framework to ensure it adapts a
Slide 25: Remuneration
Remuneration FY22 changes to incentive program include new testing criteria focused on Climate and People For personal use only Short Term Incentive Program Long Term Incentive Program • Payable 50% cash, 50% equity (service rights) • Performance Rights − Performance Hurdles • FY22 Performance Targe
Slide 26: Conclusion
Conclusion IGO has an enduring focus on delivering leading sustainability performance and reporting For personal use only Delivering on ESG performance via our seven- pillar model Focused on continuous improvement of our ESG performance and disclosure Key focus in FY22 is on accelerating our respons
Slide 27: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer • This presentation has been prepared by IGO Limited (“IGO”) (ABN 46 092 786 304). It should not be considered as an offer or invitation to subscribe for or purchase any securities in IGO or For personal use only as an inducement to make an offer or invitation with
Slide 28: Making a Difference
For personal use only We believe in a world where people power makes amazing things happen. Where technology opens up new horizons and clean energy makes the planet a better place for every generation to come. We are bold, passionate, fearless and fun - a smarter, kinder, more innovative company. Ou