Sustainability report Q3 - FY2024 - executive summary
"Our actions today will power a better and lasting tomorrow"
Cadoux is contributing to a sustainable future.
From reducing our own environmental impact, to partnering to improve our new innovative, sustainable process for our end-markets that answer our stakeholders' needs, sustainability is embedded in our growth strategy, our values and in how we define our future success.
Health, Safety and | Increasing energy | Sustainable innovations | Inclusion and diversity | |
Environment | efficiency and | Learning and development | ||
Focus area | ||||
programs | sourcing low carbon | |||
energy | product offerings | |||
Safety | Carbon emissions | |||
Ambition: | ||||
reduce by 25% | ||||
2025 Targets | Zero injuries, | Sustainable solutions | People development | |
Low carbon energy | ||||
waste, and | ||||
increase to 60% | ||||
harm | ||||
Q3 - FY2024 - Highlights
- Increased stakeholder communication through social media, actively soliciting feedback on community priorities, suggestions and concerns
- Company culture, branding and ESG meeting was held with all company staff
- Risk and strategy recommendations from the Task Force on Climate Related Financial Disclosures aligned with risk management framwork
- Continuing alignment with following framworks: WEF, UN SDG, TCFD
- Zero HSE incidents for the financial year
ENVIRONMENT | ||||||
Company carbon footprint: Cradle-to-gate | Unit | Design | 2021 | 2022 | 2023 | 2024 |
kton CO2_eq | ||||||
Direct emissions | na | 0 | 0 | 0 | 0 | |
Indirect emissions | kton CO2_eq | na | 0 | 0 | 0 | 0 |
Scope 3 upstream emissions | kton CO2_eq | na | 0 | 0 | 0 | 0 |
Total | 0 | 0 | 0 | 0 | ||
Direct emissions, covered by emissions-limiting regulations | % of Direct emissions | na | 0% | 0% | 0% | 0% |
Product carbon footprint: Operational emissions | kton CO2_eq | |||||
Direct emissions | 4423 | 0 | 0 | 0 | 0 | |
Indirect emissions | kton CO2_eq | 27185 | 0 | 0 | 0 | 0 |
Product carbon footprint | kg CO2_eq/ton | 3.4 | 0 | 0 | 0 | 0 |
Energy management | ||||||
Total energy consumption - office | GJ | 0.0 | 0 | 0 | 10.4 | 17.7 |
Total energy consumption - plant | mln GJ | 2.4 | 0 | 0 | 0 | 0 |
Energy intensity | GJ/ton of production | 299 | 0 | 0 | 0 | 0 |
Percentage renewable | % | 0% | 0% | 0% | 0% | 0% |
Percentage low carbon and renewable | % | 0% | 0% | 0% | 0% | 0% |
Percentage grid electricity | % | 0% | 0% | 0% | 100% | 100% |
Total self-generated electricity | mln GJ | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
Air quality | ||||||
NOx absolute emissions | Ton | na | 0 | 0 | 0 | 0 |
NOx emission intensity | Kg/ton of production | na | 0 | 0 | 0 | 0 |
SOx absolute emissions | Ton | na | 0 | 0 | 0 | 0 |
SOx emission intensity | Kg/ton of production | na | 0 | 0 | 0 | 0 |
VOC absolute emissions | Ton | na | 0 | 0 | 0 | 0 |
VOC emission intensity | Kg/ton of production | na | 0 | 0 | 0 | 0 |
Emission to water (COD) | ||||||
COD absolute emissions | Ton | na | 0 | 0 | 0 | 0 |
COD emission intensity | Kg/ton of production | na | 0 | 0 | 0 | 0 |
Water management | 1000 m3 | |||||
Total fresh water intake | 16,650 | 0 | 0 | 0 | 0 | |
Per ton of production | m3/ton | 2.08 | 0 | 0 | 0 | 0 |
Percentage in regions with high water stress | % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ENVIRONMENT (continued) | ||||||
Unit | Design | 2021 | 2022 | 2023 | 2024 | |
Fresh water consumption | 1000 m3 | |||||
Total | 700 | 0 | 0 | 27 | 26 |
Per ton of production | m3/ton | 0.09 | 0 | 0 | 0 | 0 | ||
Percentage in regions with high water stress | % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
Waste management | ||||||||
Screened Silica Cadoux | Ton | 29,234 | 0 | 0 | 0 | 0 | ||
HCl leach residue | Ton | 15,636 | 0 | 0 | 0 | 0 | ||
Brine waste | Ton | 5,971 | 0 | 0 | 0 | 0 | ||
Total waste | Ton | 50,841 | 0 | 0 | 0 | 0 | ||
Waste office | L | na | 0 | 0 | 115 | 116 | ||
Per ton of production | Kg/ton of production | 6.36 | 0 | 0 | 0 | 0 | ||
Hazardous waste (brine - liquids) | Ton | 13,055 | 0 | 0 | 0 | 0 | ||
Of which to landfill | Ton | 12,937 | 0 | 0 | 0 | 0 | ||
Percentage recycled | % | 25% | 0% | 0% | 0% | 0% | ||
Production quantity | ||||||||
High Purity Alumina | ton | 8000 | 0 | 0 | 0 | 0 | ||
SOCIAL | ||||||||
Unit | Target | 2021 | 2022 | 2023 | 2024 | |||
Workforce data | ||||||||
Headcount employees & contractors | # | 139 | 2 | 5 | 7 | 16 | ||
% female in workforce | % | 25% | 0% | 25% | 17% | 38% | ||
% female in senior positions | % | 25% | 0% | 25% | 17% | 25% | ||
Employee turnover rate (voluntary and involuntary) | % | 0 | 0 | 0 | 0 | 0 | ||
Collective Bargaining Agreement | % of total workforce | 0% | 0% | 0% | 0% | 0% | ||
Safety | ||||||||
Total Recordable Incident Rate (TRIR) | Per 200,000 hours worked | 0 | 0 | 0 | 0 | 0 | ||
Lost Time Incident Rate (LTIR) | Per 200,000 hours worked | 0 | 0 | 0 | 0 | 0 | ||
Employee Fatality Rate | # | 0 | 0 | 0 | 0 | 0 | ||
Contractor Fatalities | # | 0 | 0 | 0 | 0 | 0 | ||
Management systems | ||||||||
% of manufacturing sites with OHSAS-18001/RC-18001 certifications | % | 100% | 0% | 0% | 0% | 0% | ||
Global | ||||||||
Activities in Sensitive Countries | # | 0 | 0 | 0 | 0 | 0 | ||
Total number of incidents of corruption | # | 0 | 0 | 0 | 0 | 0 | ||
Training | ||||||||
Average hours of training per person (per quarter) | hours | 0 | 0 | 6 | 3 | 12 | ||
Average training and development expenditure per full time employee | $ | 0 | 0 | 0 | 0 | 1250 | ||
Governance | ||||||||
Unit | 2021 | 2022 | 2023 | 2024 | ||||
Board | ||||||||
Directors | 4 | 4 | 4 | 4 | ||||
Average director tenure (years) | 10 | 8 | 9 | 10 | ||||
Independent directors | 3 | 3 | 3 | 3 | ||||
Independent directors (%) | 75% | 75% | 75% | 75% | ||||
Board diversity | ||||||||
Women on the Board | 0 | 1 | 1 | 1 | ||||
Women on the Board (%) | 0% | 25% | 25% | 25% | ||||
Board coverage of ESG issues | ||||||||
Frequency of Board updates on ESG issues | quarterly | quarterly | quarterly | quarterly | ||||
Board oversight of climate strategy? (Y/N) | Y | Y | Y | Y | ||||
Policies | ||||||||
Code of Conduct, Code of Ethics, Anti-Discrimination and Equal Employment Opportunity | Y | Y | Y | Y | ||||
Human Rights, Anti-Bribery and Corruption, Conflict of Interest, Conflict Minerals, Whisteblower | Y | Y | Y | Y | ||||
Supplier Code of Conduct Policy, Supplier Diversity Policy, Policital Involvement, EITI | Y | Y | Y | Y | ||||
Environmental, Sustainability, Green Procurement, Occupational Health and Safety | Y | Y | Y | Y | ||||
Aboriginal Heritage, Aboriginal Employment and Training | Y | Y | Y | Y | ||||
Working hours, Workplace bullying, Social Media, Privacy, Remuneration, Freedom of Association | Y | Y | Y | Y | ||||
Financial | ||||||||
AUD million | 2021 | 2022 | 2023 | 2024 | ||||
(Loss)/Profit after income tax | -3.4 | -4.2 | -4.2 | -3.7 | ||||
Net assets | 14.9 | 16.7 | 12.8 | 9.5 | ||||
Income Tax paid | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Royalties paid | 0.0 | 0.0 | 0.0 | 0.0 | ||||
R&D tax incentive refund | Note: 2024 financials are provisional / unaudited | 1.1 | 0.9 | 1.2 | 0.8 |