Ora Banda Mining has released its FY26 Sustainability Report, detailing progress on safety, environmental management, and governance, alongside setting new targets for FY27. The report highlights a significant reduction in injury rates and the implementation of new environmental monitoring systems.
Material actions and disclosures
Ora Banda achieved stretch performance across all five sustainability-linked Short-term Incentive (STI) targets in FY26, reflecting strong performance against safety, risk, and environmental measures. The company’s LTIFR (Lost Time Injury Frequency Rate) improved to 0.48, a 34% reduction from FY25’s rate of 0.73. Additionally, the TRIFR (Total Recordable Injury Frequency Rate) decreased by 30% to 7.65, below the industry average of 1.0.
The company also reported zero major environmental incidents and completed planned rehabilitation work, demonstrating a commitment to environmental responsibility. Furthermore, Ora Banda has published its inaugural AASB S2-compliant Climate Statement, aligning with the National Greenhouse and Energy Reporting Scheme (NGER).
Forward commitments
For FY27, Ora Banda aims to further reduce LTIFR to 1.06 or below, and TRIFR to 6.65 or below. The company also plans to introduce community engagement as a specific performance measure, reflecting the growing importance of maintaining strong relationships with local communities.
Ora Banda continues to focus on reducing its environmental footprint, with plans to develop additional gas connections and storage to support lower diesel consumption and associated emissions. The company is also progressing opportunities to modernise its operations, including the construction of a new processing plant expected to commence in FY28.
These initiatives are part of Ora Banda’s broader strategy to maintain reliable energy supply, improve emissions data quality, and strengthen reporting readiness as the company continues to grow.