INDEPENDENCE GROUP NL SUSTAINABILITY REPORT 2017

IGO’S PATHWAY TO SUSTAINABLE DEVELOPMENT PHASE 3 PHASE 1 PHASE 4 PHASE 2 A company that has successfully extended triple-bottom-line considerations beyond corporate management into its operational areas. A commitment to a sustainable development strategy and continuous disclosure of sustainability performance. A company where values and the corporate code of conduct underpin decision-making. Adopting integrated risk-management approaches. Setting stretch performance targets to minimise environmental impacts, reduce waste, and strengthen community partnership and trust through engagement and openness. A company in which financial and technical issues predominate. Governance issues focus on legislative compliance. Senior management’s focus is on minimising liabilities and responding to those external pressures that have the potential to damage company reputation. A closed culture. A company that understands that environmental and social aspects of business underwrite growth in the drive to sustain long- term stakeholder value. A company that addresses sustainability challenges through innovative solutions and is responsive to changing community expectations. Environmental and social considerations are fully integrated into day-to- day business decision- making. A company whose management starts to view environmental and social aspects as more than just adjuncts to business. Moving towards the triple-bottom- line: accounting for economic, environmental and social factors. Developing systematic approaches to managing community, environmental, and health and safety. Approaches include policies, standards and performance measures. Emergence of an open and transparent culture, including non-financial public reporting. IGO FY17 FIGURE 2 IGO FY15 IGO FY16 CONTINUUM IN WHICH ALL MINING AND EXPLORATION COMPANIES FIT IGO SUSTAINABILITY REPORT 2017— 13