Operating ethically

HUMAN RIGHTS

We recognise that our activities have the potential to cause adverse impacts to people’s human rights.

We therefore have a responsibility to manage human rights risks to people across our operations and business relationships, with a particular focus on risks to vulnerable, marginalised and at-risk groups, including Indigenous, Traditional and Tribal Peoples.

Our Approach to Human Rights details our approach to managing human rights risks, which is guided by the United Nations Guiding Principles on Business and Human Rights.

FY24 AT A GLANCE

• Conducted an externally facilitated assessment to identify the Group’s salient human rights issues.
• Completed human rights risk self assessments for our Australian operations and Hermosa project.
• Broadened the allocation of our introductory human rights training, which was completed by over 95 per cent of targeted role holders and made available to the wider workforce.

ETHICS AND BUSINESS INTEGRITY

We are committed to the highest standards of integrity and accountability and encourage our people to speak up when our values and standards of conduct are not followed.

FY24 AT A GLANCE

• Conducted anti-corruption risk assessments for the Hermosa project, Cerro Matoso and South Africa Manganese.
• A reduction in people reporting that they had experienced some form of workplace misconduct at South32 and an increase in reporting rates.
• Progressed work to assess and improve our Artificial Intelligence (AI)-related controls and governance to support the safe and responsible use of AI in our business.

RESPONSIBLE VALUE CHAIN

We seek to apply responsible business practices throughout our value chain by sourcing responsibly and enhancing product stewardship.

Our aim is to build strong, mutually beneficial relationships with stakeholders and to work with suppliers and customers whose values and conduct align with ours.

FY24 AT A GLANCE

• Developed and launched a new external portal to enhance our engagement with suppliers of non-traded goods and services.
• Continued to embed our enhanced due diligence program which aims to improve the identification and management of modern slavery risks across our maritime supply chain.
• Commenced the process for Worsley Alumina to obtain ASI Performance Standard Certification.