20974 29Metals AR23 WEB V1 - Flipbook - Page 33
2023 key
results
Chair letter and
CEO report
About
29Metals
Our
assets
Our governance framework
29Metals has established a robust framework of corporate
governance policies and prac琀椀ces, and internal controls and
risk management processes, collec琀椀vely designed to promote
the responsible management and conduct of the Group and its
business ac琀椀vi琀椀es. 29Metals’ corporate governance framework
is reviewed periodically having regard to legal and regulatory
requirements, leading market prac琀椀ce, stakeholder interests
and the best interests of the Group.
The governance framework is supported by the following:
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Group Cons琀椀tu琀椀on;
Board and Commi琀琀ee charters;
Core corporate governance policies;
Annual Tax Transparency Report; and
Sustainability & ESG policies and posi琀椀on statements.
Copies of our corporate governance framework
documents are available on our website at
https://www.29metals.com/about/corporate-governance
29Metals has a Sustainability Policy and Health & Safety Policy,
along with detailed posi琀椀on statements that cover the cri琀椀cal
focus areas within the broader spectrum of Sustainability & ESG.
These cri琀椀cal focus areas include:
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Responsible use of natural resources;
Tailings management; and
Impacts of Climate Change.
In addi琀椀on, as part of our annual review of the corporate
governance framework, 29Metals adopted new standalone
policies – an Environment Policy and a Community Policy.
Previously, environment and community ma琀琀ers were incorporated
into the broader Sustainability Policy. As an outcome of the 2023
corporate governance review, the Sustainability Policy was adjusted
to align with 29Metals’ Our Approach to Sustainability & ESG and the
new standalone policies were adopted. These updated and new
policies were adopted in early 2024.
Health, Safety, Environment and Community
Management System
In 2023, we con琀椀nued to re昀椀ne our Group HSEC MS to be琀琀er
inform and align with the opera琀椀onal level HSEC MS.
Each component of the hierarchical structure is designed to meet
the requirements of higher order policies, standards and plans to
achieve a robust and sustainable management system. This has
been achieved by addressing the ac琀椀ons iden琀椀昀椀ed during the
2022 assessment of the HSEC baseline against MS Standards.
Annual
Financial Report
29
29Metals’ HSEC Performance Standards were developed in
2023 and are planned to be completed during 2024. The HSEC
Performance Standards will de昀椀ne the minimum mandatory
requirements that must be achieved across the Group.
These HSEC Performance Standards provide the framework
to assist 29Metals to:
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formalise planning processes across the Group;
achieve a minimum level of performance in HSEC across
explora琀椀on, opera琀椀ons and future closure sites;
iden琀椀fy, assess, control, and reduce health, safety,
environmental, community, and social risks and hazards;
improve HSEC performance at exis琀椀ng 29Metals’ opera琀椀ons;
retain Group and opera琀椀onal knowledge;
ra琀椀onalise resources and reduce complexity;
support compliance to relevant regulatory and other
requirements;
assist 29Metals’ opera琀椀ons to demonstrate duty of care
and due diligence processes; and
maintain and enhance the Group’s reputa琀椀on.
29Metals Sustainability & ESG Policies
and Position Statements*
Health & Safety Policy
Tailings Management
Posi琀椀on Statement
Sustainability Policy
Environment Policy
Community Policy
Modern Slavery Policy
Climate Change
Posi琀椀on Statement
29Metals HSEC Management
System and Performance Standards
29Metals HSEC Support Tools
HSEC Management
System Procedures
HSEC Performance
Management Plans
Additional Supporting
HSEC Documents and Records
Operational Level
HSEC MS
29Metals has adopted a conven琀椀onal hierarchical structure to
govern Health, Safety, Environment and Community (‘HSEC’)
ma琀琀ers. Our HSEC Management System (‘MS’) is vital to
facilita琀椀ng consistent Sustainability & ESG performance across
the Group. Informed by Our Approach to Sustainability & ESG,
in 2022 we developed and rolled out HSEC MS Standards that
de昀椀ne our HSEC requirements and expecta琀椀ons. The HSEC
MS encompasses 29Metals’ Health & Safety and Sustainability
Policies and Posi琀椀on Statements (available on our website),
Group HSEC MS and Performance Standards, and relevant
opera琀椀onal procedures and suppor琀椀ng documenta琀椀on.
Mineral Resources
and Ore Reserves
Group level
HSEC Standards
Copies of policies and position statements related to
Sustainability & ESG are available on our website at
https://www.29metals.com/sustainability
Sustainability
& ESG Report
* These documents are all available on our website at
https://www.29metals.com/about/corporate-governance
