20974 29Metals AR23 WEB V1 - Flipbook - Page 36
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29Metals 2023 Annual Report
Materiality
Our approach
Materiality is assessed against Our Approach to Sustainability & ESG on a triennial basis (unless signi昀椀cant changes to the opera琀椀ons,
business, or adop琀椀on of new repor琀椀ng framework trigger a review outside of the regular 琀椀meframe).
In 2022, 29Metals undertook a comprehensive materiality assessment which included input from a range of internal and external
stakeholders to de昀椀ne and priori琀椀se Sustainability & ESG subject ma琀琀er. For this report, the outcome of the materiality assessment
from 2022 was reviewed by a third party and senior leaders at 29Metals to assess whether any changes to the material topics was
warranted. Despite the challenges during 2023 (the direct and indirect impacts of the Capricorn Copper Extreme Weather Event 9),
it was determined that the material topics remain valid for this 2023 report.
Below is an overview of 29Metals’ process to assess materiality.
Identification
Prioritisation
Validation
A list of poten琀椀al material topics
is formulated based on peer
reviews and 29Metals’ current
understanding of material risks,
stakeholder expecta琀椀ons and
industry trends.
In 2022, stakeholders were invited to rate
the importance of each iden琀椀昀椀ed material
topic by way of a survey, interviews and
wri琀琀en statements.
Senior leaders within
the Group reviewed and
validated the outcomes of
the materiality assessment
and/or review.
Stakeholders were also invited to provide
feedback on their percep琀椀on of key
Sustainability & ESG risks for 29Metals.
2023 material topics
2023 material topics, and where further informa琀椀on related to metrics, outcomes and management can be found, is outlined in the
table below:
Our Approach to Sustainability & ESG
Core dimension
Safe and inclusive
workplace
Responsible
environmental
stewardship
Partnering
with stakeholders
Material topic
Health, safety and hygiene including psychological safety
Inclusion and diversity
Read more
Pages 34–43
Water management
Waste management (tailings)
Ac琀椀on on Climate Change (progress against TCFD roadmap
and emissions data)
Pages 44–53
Cultural heritage/First Peoples
Pages 54–58
Sustainability & ESG governance,
including risk management
Pages 27–31
Critical enablers
Responsible and
ethical business practices
Continuous
improvement
9. Refer to: “Impact of Extreme Rainfall on Capricorn Copper Opera琀椀ons” released to the ASX announcements pla琀昀orm on 9 March 2023; “Capricorn Copper Opera琀椀ons
Update” released to the ASX announcements pla琀昀orm on 15 March 2023; and “Strategic Update” released to the ASX announcements pla琀昀orm on 23 May 2023.
