ESG Subcommittee Meeting

Austral held its first ESG Subcommittee meeting in July 2023 with a diverse group of stakeholders, including employees, landholders, supply partners and a local member of parliament. They presented their ESG progress and future plans, including achievements in key areas. Austal presented results from the ESG Stakeholder Materiality Survey and outlined future strategy development. Stakeholders were happy with the engagement and provided valuable feedback for future planning. Here are some key takeaways:

• Include stakeholders across the entire supply chain and involve other mines to avoid ‘engagement fatigue’.
• Consider involving an experienced indigenous elder as a mentor
• Showcase past efforts on land rehabilitation
• Exploration of renewable energy options
• Look for ways to support families and communities of fly-in/fly-out workers
• Review successful models used by other employers of traditional landowners.

This successful meeting sets the stage for continued collaboration on ESG initiatives in 2024.