ESG and Compliance

At MMG we are committed to meeting our environment, social and governance (ESG) responsibilities. This commitment supports our growth strategy by helping us:

  • manage reputational and regulatory risks,
  • control costs,
  • build strong stakeholder relationships, and
  • attract and retain talented employees.

Governance

MMG maintains policies to meet both Board requirements and external obligations. Our Sustainability Policy aligns with the International Council on Mining and Metals’ (ICMM) 10 Principles on Sustainable Development. We are also guided in our approach by our:

  • Corporate Governance Policy,
  • People Policy,
  • Shareholder Communication Policy,
  • Safety, Health, Environment and Community (SHEC) Policy, and
  • Quality and Materials Stewardship Policy.

We use business-wide Standards to define the minimum requirements to manage material risks, meet legal requirements and external obligations, and to create and preserve competitive advantage and organisational effectiveness. These Standards are implemented at all sites and provide the basis for sustainable operations. All of our Standards are also aligned with the ICMM’s 10 principles of sustainable development and eight position statements.

Our Operating Model allows operations to focus on essential delivery work, supported by business functions that drive continual improvement of our management processes.

Our assurance program is focused on verifying that the critical controls required to manage material risk events are implemented and effective.

Compliance

Our Board Governance and Nomination Committee is responsible for developing and reviewing the Group’s policies and practices on corporate governance, the Code of Conduct, and monitoring compliance with Listing Rules and other applicable laws.

Our Executive SHEC Committee monitors conformance with the Group’s SHEC Standards and regulatory compliance relating to safety, health, environment and community.

See our Annual Report for a discussion on our compliance with regulatory requirements.

Read about MMG’s Safety and Health, and Environmental management.

 

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