Paladin Energy Ltd · ASX:PDN
Paladin Energy — Australian Uranium Conference July 2015
15 slides from Paladin Energy's conference presentation, July 2015
Slide 1: Sustainability Reporting and Stewardship
Sustainability Reporting and Stewardship Australian Uranium Conference July 2015 Cathy Paxton General Manager Sustainable Development
Slide 2: Presentation Outline
Presentation Outline Importance and relevance of Sustainability Reporting and Stewardship to the Uranium Mining Industry. Uranium Sector Definition of Sustainability Triple and Quadruple Bottom Lines Sustainability Reporting Reporting Approach and Process Benefits of Reporting Corporate Governance S
Slide 3: Uranium/Nuclear - A High Profile Sector
Uranium/Nuclear - A High Profile Sector Industry always under strong scrutiny by — industry itself — Government — community — other stakeholders (NGOs, anti-mining, anti-nuclear organisations etc) Unique management issues — require technical excellence with intolerance of errors — need strong knowle
Slide 4: Sustainability and Sustainable Development
Sustainability and Sustainable Development Sustainability is defined as something that can be maintained at a certain rate and level. Sustainable Development concept is more appropriate for the mining industry. Sustainable Development described by the Brundtland Commission in 1997 as “development wh
Slide 5: Bottom Line
Bottom Line Triple Bottom Line (TBL) introduced by John Elkington in the mid-1990s with the benefits detailed in his 1998 publication “Cannibals with Forks: Triple Bottom Line of 21st Century Business” — TBL - Economic, Environmental and Social Quadruple Bottom Line — QBL - Economic, Environmental,
Slide 6: Sustainability Reporting
Sustainability Reporting What to do next and where do we start? Internationally recognised and universally consistent reporting framework. Global Reporting Initiative (GRI) — encompasses nine aspects of sustainability GRI was founded in 1997, first Guidelines in 2000, current fourth version (G4) rel
Slide 7: Approach
Approach Determine approach for Reporting. Must suit the Company’s requirements and resources. Consider in-house vs consultants — important for companies to develop their own reporting strategy/process as nobody knows your business better than you do. Approach needs to be weighed up as to available
Slide 8: Paladin Reporting Process
Paladin Reporting Process In-house as much as possible — with external assistance from consultant to ensure we meet GRI requirements. First step data collection — Preparation of questionnaires to capture the data required — Year 1 - assess initial data — Year 2 - improve data collection — Year 3 - c
Slide 9: Ongoing Process
Ongoing Process Review materiality assessment when changes occur within the business or to reporting requirements. Revise questionnaires on an annual basis to reflect changes in reporting requirements and outcome of materiality assessments. Process provides for the collection of data in addition to
Slide 10: Benefits of Reporting
Benefits of Reporting Sustainability Reporting and impact on Sustainable Development — Key outcome of GRI Workshop (2013) “Sustainability reporting shows a commitment to greater transparency and that it can be viewed as a tool for improving the quality of corporate sustainable leadership. Corporate
Slide 11: Corporate Governance
Corporate Governance Corporate Governance not new — Governance in the aspects of Sustainability has become better defined since the concept of Sustainable Development has taken hold Corporate Policies and Codes need to be developed to address each of the sustainability aspects. — Important to roll o
Slide 12: Stewardship
Stewardship Stewardship important to all of mining industry, particularly the uranium industry as we are considered “special” by all stakeholders, which is both positive and negative. Comply with laws, relevant industry guidelines and standard. Members of organisations that endorse the principles fo
Slide 13: MCA Stewardship Elements
MCA Stewardship Elements MCA Uranium Forum Code of Practice and Stewardship comprises the following key elements: — Continual improvement to best practice in management. — Safely manage, contain and transport all hazardous material, tailings and other wastes. — Provide adequately for mine closure an
Slide 14: Uranium Stewardship and the NPT
Uranium Stewardship and the NPT Bottom Line, Sustainable Development, Governance and Sustainability Reporting all fit under the banner of Stewardship. All sales and transfers of uranium product is in strict compliance with the Treaty of Non-Proliferation of Nuclear Weapons (NPT) and Safeguard agreem
Slide 15: Take Away
Take Away Uranium nuclear sector is highly scrutinised and specific management measures required Openness and transparency enhances stakeholder relationships Sustainability reporting provides an avenue for stakeholder assessment of company performance Accountability and stewardship needs are embrace
Paladin Energy — Australian Uranium Conference July 2015 on 6ix