Biodiversity

We seek to have a positive impact by minimising adverse environmental impacts and delivering positive environmental outcomes.

We recognise that our activities and operations may impact the natural environment. Our approach to the management of biodiversity is guided by our Environmental Policy and our Environment, Water and Biodiversity Group Standard.

Biodiversity is declining globally which has consequences for society, the economy and for our business. We recognise that the degradation of nature can pose financial risks for our business as we depend on natural resources to perform our mining activities.

Our approach to nature and biodiversity has matured from Asset-based environmental licensing approvals to a strategic, ecosystem-focused perspective. We assess how our operations impact local ecosystems and recognise our dependencies on the natural resources within our operating footprint.

We continue to perform required compliance obligations as set out in our licensing and approvals as well as actions identified through Asset-based Biodiversity Management Plans.

Taskforce on Nature-related Financial Disclosures (TNFD)

During FY25, we began developing a pathway to report in accordance with TNFD recommendations. We completed baseline activities to support the evaluation of nature-related impacts and dependencies and conducted site-based risk and opportunity workshops to identify and prioritise location-specific issues through application of the Locate, Evaluate, Assess, Prepare (LEAP) framework.

We also completed a TNFD gap analysis and developed a disclosure roadmap, outlining phased implementation through FY26 and FY27. Our TNFD disclosure focused on our two operating Assets, MATSA and Motheo.

You can view our FY25 TNFD progress summary here.