Our ESG Framework permeates everything we do and every decision we make.
Our ESG Framework is built on six pillars that are the foundation of our sustainability strategy and contribute to the achievement of the UN’s Sustainable Development Goals. Each pillar has five-year goals and milestones that focus our efforts and guide our activity to support the responsible delivery of our business strategy. The goals are intended to be ambitious and to challenge us to deliver positive social, environmental and economic outcomes.
Our ESG Pillars represent the ESG areas that are key drivers for our sustainability outcomes.
Communities
Our People
Water
Climate Change
Biodiversity
Business Integrity
Our new ESG Goals include:
A commitment to an interim company-wide renewable energy electricity target of 50% by 2030.
In FY2023, we committed to an additional interim target to reduce carbon emissions by 35 per cent by 2035 from our 2024 baseline year.
Company-wide net zero 2050 target covering Scope 1 and 2 emissions for all sites under operational control.
Communities
We recognise our long-term success depends on sustainable relationships founded on our values with host communities and related stakeholders.
Our People
Our commitment to achieving superior health and safety performance and investing in health and safety management is at the forefront of our business values and strategies.
Water
We are committed to demonstrating water stewardship throughout the mining lifecycle, treating water as a precious resource and taking a catchment-based approach to managing surface and groundwater at all of our assets.
Climate Change
Sandfire is committed to playing its role in the transition to a low emissions economy.
Biodiversity
Our operations are located in a diverse range of habitats on different continents, each with their unique biodiversity values.
Business Integrity
Our business practices are based on our values of honesty, respect and accountability and at all times we work to adhere to legislation and regulations in the regions we operate.