BHP Group Limited Social Value Update (4330Q)

TIDMBHP

RNS Number : 4330Q

BHP Group Limited

28 June 2022

NEWS RELEASE

 
Release Time     IMMEDIATE 
Date             28 June 2022 
Release Number   22/22 
 

Social value update

A social value update will be delivered today by BHP's Chief Legal, Governance and External Affairs Officer, Caroline Cox.

A copy of the presentation has been submitted to the FCA National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

The presentation slides and a webcast recording of the presentation will be made available on BHP's website.

The social value presentation includes BHP's new social value framework and 2030 scorecard which has six social value pillars of decarbonisation, environment, Indigenous partnerships, workforce, communities and supply chains.

The 2030 scorecard includes a new goal for the environment which is to create nature-positive outcomes by having at least 30% of the land and water that BHP stewards under conservation, restoration or regenerative practices by 2030.

The scorecard also includes a commitment to partner with communities and stakeholders to co-create and implement plans that deliver jointly defined economic, social and environmental outcomes and integrate their views into how we measure success.

Caroline Cox said: "BHP is hardwiring social value into every level of decision-making across our global business, from company strategy and capital allocation to everyday activities at our operations."

"Our new social value framework and 2030 scorecard outline the goals, metrics and milestones against which our investors and stakeholders can measure our progress and performance.

"By embedding social value into the way we do business, we believe we will further strengthen our relationships and access to the best resources, partners, markets and talent to discover and produce the minerals required for global economic development and decarbonisation, which will in turn create competitive advantage."

Authorised for lodgement by:

Stefanie Wilkinson

Group Company Secretary

 
Media Relations                        Investor Relations 
 
 Email: [e-mail]         Email: [e-mail] 
 
Australia and Asia                     Australia and Asia 
 Gabrielle Notley 
 Tel: [phone]                   Dinesh Bishop 
 Mobile: [phone]                Mobile: [phone] 
 Europe, Middle East and Africa 
 Neil Burrows 
 Tel: [phone]                  Europe, Middle East and Africa 
 Mobile: [phone] 
                                        James Bell 
 Americas                               Tel: [phone] 
                                        Mobile: [phone] 
 Renata Fernandaz 
 Mobile: [phone]                Americas 
 
                                        Sabrina Goulart 
                                        Mobile: [phone] 
 
 
 
 
 
 
 
 
 
 
  BHP Group Limited ABN 49 004 
  028 077 
  LEI WZE1WSENV6JSZFK0JC28 
  Registered in Australia 
  Registered Office: Level 18, 
  171 Collins Street 
  Melbourne Victoria 3000 Australia 
  Tel [phone] Fax +61 
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June 28, 2022 02:46 ET (06:46 GMT)