Independence Group Sustainability Report 2019

MATERIAL TOPIC DESCRIPTION STAKEHOLDER BOUNDARY* 1 Community and regional development It’s important we deliver shared value and ensure our contributions make a positive impact on the long-term vibrancy and sustainability of our host communities. Internal, External 2 Local employment Providing pathways to and the creation of real employment opportunities for local and Indigenous people supports personal empowerment and participation in the local economy. External 3 Land management Exploration and mining activities inherently disturb the natural environment and potentially the livelihoods of landholders, local communities and Traditional Owners. Core to maintaining our licence to operate is applying best practices to prevent, minimise and rectify impacts. Internal, External 4 Ethics and integrity Our governance approach, ethical framework and practices adhere to the highest levels of honesty, integrity, compliance and transparency. These are vital to maintaining the trust and confidence of stakeholders and the Australian public. Internal, External 5 Economic performance Our shareholders expect that IGO will deliver as per our publicly stated operational guidance in a safe and sustainable manner. Internal, External 6 Capital allocation and growth Our shareholders expect us to allocate capital, deliver on our business strategy and seek the discovery of new resources. An important aspect is our ability to innovate and apply different technologies. This creates growth opportunities and enables us to deliver direct and indirect economic value to our stakeholders. Internal, External 7 Safety Fundamental to our business is the value of a positive safety culture and a safe system of work. Internal, External 8 Water Our operational performance depends on reliable access to quality water and the ability to carefully manage available water sources. Internal, External 9 Stakeholder relations Our success depends on our ability to build and maintain strong relationships on matters relating to our operations, supply chain, cultural heritage, closure, exploring new frontiers and regional development. It is essential to our social licence to operate. Internal, External 10 Health and wellbeing Being proactive in our approach to workforce health and wellbeing contributes to a successful business and community wellness. Internal, External 11 Response to climate change Contributing to a low carbon future means embedding green technologies and processes to reduce our operational carbon footprint. The metals we supply are critical to the clean energy storage and renewable energy revolution. Internal, External 12 Engaged workforce Our people are our greatest asset. Creating a diverse culture with a strong sense of belonging, improves our engagement, talent acquisition and retention. This maximises the value generated by our work. Internal, External 13 Value chain Our work is contributing to fundamental changes in the way society use energy. Understanding our value chain from mining, the procurement of goods and services, to the markets we serve helps us develop responsible practices. Stakeholders seek greater transparency about our actions, the metals we supply and how they are used. Internal, External 14 Cultural heritage Respecting and protecting cultural heritage values and sites jointly with Traditional Owners contributes to the quality of our relationships and future growth prospects. Internal, External 15 Tailings storage Stakeholders are increasingly interested in tailings storage facilities and waste management. We need to be transparent about our integrity controls and our performance in managing them. Internal, External * Stakeholder boundary describes where the material topic impacts IGO’s business and stakeholders. The boundary can be internal or external. Internal includes employees, contractors, shareholders, investors and joint venture partners. External includes Traditional Owners, neighbouring communities, suppliers, customers, governments, non-government organisations, special interest groups, civil society, learning and research partners. IGO SUSTAINABILITY REPORT 2019 — 71