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.
In FY26, we developed our Nature Accounting System which allows us to track progress against our biodiversity targets and our wider nature objectives. To better understand the economic significance of nature, we have integrated natural capital approaches by considering the UN System of Environmental-Economic Accounting and the Natural Capital Protocol. This approach allows us to place a value on nature, as we strengthen our integration of nature into decision making.
Taskforce on Nature-related Financial Disclosures (TNFD)
In FY26, we continued to work towards our commitment to TNFD-aligned disclosure by FY28. Building on our FY25 TNFD assessments for MATSA and Motheo, this year we focused on DeGrussa, assessing nature-related impacts and dependencies and identifying and prioritising key risks and opportunities.
DeGrussa is considered a sensitive location under the TNFD framework. The DeGrussa TNFD 50km radius assessment area intersected two protected areas, for which gazettal remains in progress under Australia’s national reserves system. The area also intersects the range of the critically endangered Night Parrot, and endangered Far Eastern Curlew, and is located within an area of very high landscape connectivity.
These attributes informed our risks and opportunities workshop where we assessed biome specific nature-related risks and opportunities for the Asset. The next step is to expand our TNFD assessments into our value chain.
You can view our FY26 TNFD progress on page 94 of our Annual Report.
