Evolution Mining has outlined a robust risk and sustainability framework, focusing on climate change mitigation, social performance, and governance, as detailed in its latest sustainability reports.
Material actions and disclosures
The Company has set a target of a 30% reduction in Scope 1 and 2 emissions by 2030 and aims for net zero emissions by 2050, against an FY20 baseline. Scope 1, 2, and 3 emissions are measured and externally prepared, with Scope 1 and 2 emissions published annually. The Risk and Sustainability Committee receives additional training and education on AASB S2 requirements and regular reports on progress against climate targets from internal and external subject matter experts.
Evolution Mining also commits to proactive engagement with First Nations communities and has established a Sustainability function at Group and operational levels, resourced by appointed teams including social responsibility, people and culture, and tenement management. The Company’s operations are audited annually to ensure compliance with all sustainability elements, and all operations are subject to multiple functional risk control audits every year.
Forward commitments
Evolution Mining aims to continue building strong relationships with First Nations communities and to maintain its signatory to the United Nations Global Compact (UNGC) since FY21. The Company also plans to complete a cyber security strategic review, which resulted in the commencement of a three-year cyber uplift program.
The Company’s risk and sustainability efforts aim to deliver long-term stakeholder value through safe, reliable, low-cost production in an environmentally and socially responsible way. These efforts are supported by an integrated approach that focuses on informed risk-based decision-making, proactive risk management, and continuous improvement.
Evolution Mining’s sustainability and strategic planning standards and the integrated risk management framework cover the stated sustainability elements and include clarity on roles and accountabilities, management systems, legal obligations, records management, training and competencies, crisis management, and more.
These actions and commitments are detailed in a comprehensive suite of annual reports, including the Climate Report, Sustainability Report, ESG Performance Data, and Modern Slavery Statement.
Evolution Mining’s latest sustainability reports and frameworks are available on the Company’s website.