Copper is a critical enabler of a low carbon economy. Our ambition is to maximise the production of copper to support global decarbonisation efforts while having a positive impact on people, communities, and the environment.

Climate change is a global challenge and the management of climate-related risks and opportunities remains a priority for Sandfire. The Board is responsibile for overseeing all climate-related matters including the management and reporting of CRROs, and the review and consideration of the potential impact of these risks and opportunities to Sandfire’s strategy, Assets and potential transactions.

Our three climate-related targets are:

• Deliver a 35% reduction in Scope 1 and 2 GHG emissions by FY35 from our FY24 baseline.
• Source 50% of all electricity from renewable sources by FY30.
• Achieve net zero Scope 1 and 2 GHG emissions by 2050.

Information about our climate scenarios and our prioritised physical climate risks are available in our FY26 Mandatory Sustainability Report on page 108 of our Annual Report.