Governance framework and structure
Our commitment to acting responsibly plays a critical role in our success as a business. We take a unified approach to corporate governance to comply with the regulatory obligations associated with local regulations, and regulations of stock exchange in the HK and the Canada.
We are committed to pursuing ways of operating responsibly while supplying products that are essential for the globe to develop, decarbonise and digitalise in order to help transition towards a more sustainable future.
Biodiversity and land
We recognize the interconnectivity of nature, climate and people and the risks posed by the unprecedented global deterioration of nature, including biodiversity. Our business, our suppliers and customers, Indigenous peoples and the local communities where we operate, all depend on and enjoy nature, and the ecosystem services it provides. We understand that our operations and our environmental performance can impact the natural environment, including the provision of ecosystem services.
Land with Communities
When we begin exploration, long before our operations start, we work with local communities, including Indigenous peoples, to understand the physical, spiritual and cultural connection they have with the land. We conduct cultural heritage and environmental studies to understand the area and look for ways to avoid or reduce any impacts.
We strive to obtain the free, prior and informed consent (FPIC) of Indigenous peoples, as applicable in local jurisdictions, and engage other affected communities. We were the first mining company in Australia to welcome native title to land and commit to forming agreements with Indigenous landowners. But we know we need to do better.
Indigenous peoples
Operating on or near Indigenous peoples’ traditional lands brings with it responsibility and opportunity. We respect Indigenous peoples’ right to consultation and recognise ‘free, prior and informed consent’ (FPIC) as an important process to safeguard the collective rights of Indigenous peoples.
Safety and health
Nothing is more important than protecting the safety and wellbeing of our workforce.
Our operated assets and functions must meet the Global Standards (where applicable) in line with local standards, assess and implement further controls in accordance with their local risk profiles, standards and regulatory requirements.
The Global Standards requires the implementation of controls to manage identified risks using the hierarchy of control (elimination, substitution, isolation/separation, engineering, administrative, personal protective equipment) in:
- design and construction of new operated assets, facilities and equipment
- changes to existing operated assets, facilities and equipment
- design, planning, scheduling and execution of work
Engagement – Collaboration with our workforce is vital, so we ensure subject-matter experts across our operated assets and functions are engaged in the development, implementation, and evaluation of the Global Standards relevant to safety. Formal joint leadership and worker health and safety committees exist within a number of our operated assets and functions. Those committees meet on a regular basis and general responsibilities include identifying and implementing ongoing health and safety learning and improvement opportunities.
Safety event investigations – Our mandatory minimum performance requirements for health, safety, environment and community (HSEC) reporting requires HSEC events to be reported and recorded in our Event Management System. An event is defined as any occurrence that has resulted in (or has the potential to result in) adverse impacts to people, the environment or the local community. Events are classified on the potential and actual consequence outcomes.
Human rights
Human rights are the universal political, civil, economic, labor, social and cultural rights and freedoms to which all people are entitled, without discrimination.
Our commitment to respecting human rights is set out in our internal Human Rights Policy.
We recognise our responsibility to respect human rights, which includes avoiding infringing on the human rights of others, addressing our adverse impacts and contributing to the fuller enjoyment of human rights as part of our commitment to social value.
Our approach is founded in the belief that all human beings have the right to live a life of dignity. We commit to taking a rights-based approach throughout our own operations (including our capital projects, operated assets and exploration activities) and in our supply chain, which means we will:
- respect internationally recognized human rights in all our business activities and decision-making processes.
- provide a workplace that is safe, inclusive, free from discrimination, harassment and retaliation, and promotes equal opportunity for all employees.
- prohibit all forms of forced labour, child labour, modern slavery and human trafficking throughout our operations and supply chain.
- conduct appropriate human rights due diligence to identify, prevent, mitigate and address potential or actual human rights impacts associated with our activities.
- Encourage our suppliers, contractors and business partners to uphold standards consistent with our Human Rights Policy and applicable international principles.
We expect all employees, contractors, suppliers and business partners to uphold these principles and work collaboratively with Tianma Mining Group to promote responsible business conduct, protect human dignity and create sustainable value for all stakeholders.
Social Responsibility
Creating Shared Value – We believe responsible mining creates value not only for our business but also for the communities where we operate. Our objective is to create long-term economic, social and environmental benefits through responsible resource development, transparent stakeholder engagement and sustainable investment.We strive to establish partnerships based on mutual trust, respect and shared prosperity, ensuring that the development of mineral resources contributes to lasting value for present and future generations.
Community Development – Strong relationships with local communities are fundamental to our long-term success. From the earliest stages of exploration through project development and future mining operations, we engage openly with local authorities, community leaders and residents to understand local priorities and identify opportunities for sustainable development.Our community programmes focus on education, infrastructure, local employment, supplier development and community wellbeing. We seek to maximise local participation by creating employment opportunities, supporting local businesses and investing in initiatives that improve quality of life.
Supporting Education – Education is one of the most effective investments in sustainable community development. Tianma Mining Group supports initiatives that improve learning environments and provide practical assistance to local schools. We will continue to support programmes that promote educational opportunities, strengthen community capacity and empower future generations. Through sustained investment in education, we aim to contribute to the long-term prosperity, resilience and sustainable development of the communities where we operate.
