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Whitehaven Coal Limited : Annual Report 2013
23 Whitehaven Coal Limited Annual Report 2013 1 Sustainability Overview Our people and their health and safety We are very proud that more than 80% of our 600-plus employees live and work locally -- where they, and their families, form a large part of our local community. What is good for the community is also good for them, and vice versa. The health and safety of our people is paramount and our approach to health and safety is non-negotiable. Our most important asset is our people. We want them to return home safely to their families and friends at the end of every work day. We continually strive to improve our management processes and empower our workforce to act on unsafe conditions. Whitehaven's board and management believe that safe production is the only way, and this value further supports our target of zero injuries and illnesses. Conclusion Finally, we encourage anyone reading this report to provide us with feedback about his or her interaction with Whitehaven or the contents of this report. We aim to operate at the highest standards of corporate responsibility and welcome any comments in relation to this. Please contact us at: email@example.com (Note, site-based comments or feedback should still be directed to the site-based communications email addresses or hotlines). 1.1 ABOUT OUR SUSTAINABILITY REVIEW This sustainability review has been prepared to inform all of our stakeholders -- including our workforce, suppliers, customers, local communities, neighbours, investors and others -- in relation to Whitehaven's approach to sustainability. The review re ects the merger of Whitehaven Coal and Aston Resources, which took place in May 2012, and the subsequent signi cant increase in the size and complexity of the business. We understand that with the increase in scale of our mining operations, there is greater interest from all our stakeholders in our operations, the bene ts they bring, and the impacts they make. Our overall corporate strategy and background information about all of our operations is contained earlier in this document. This is the rst time Whitehaven has provided a comprehensive sustainability review. In the following pages we seek to review in an honest and transparent fashion, how we have performed during the period. This review deals primarily with events that occurred during FY2013 and any signi cant event leading up to the time of publishing. From a business perspective the most signi cant events during the year were the ramp-up of our Narrabri underground operations, the formal approval of our Maules Creek project, and the placement of our Sunnyside mine into care and maintenance. As stated above, we encourage anyone reading this report to provide us with feedback about his or her interaction with Whitehaven or the contents of this report. 1.2 GOVERNANCE Health and Safety, Environment and Community performance is overseen by the Whitehaven Board's Health, Safety, Environment and Community Committee. The primary function of this committee is to assist the Whitehaven Board in enabling the Company to operate its business safely, responsibly and sustainably. The Committee's Charter is available on the Whitehaven website. www.whitehavencoal.com.au/ about_us/corporate_governance.cfm As stated in the Company's Board Charter it is Whitehaven's belief that the Company's sense of responsibility to stakeholders generally is an essential part of its role within the broad community and represents not only sound ethics but also good business sense and commercial practice. Sustainability is also assessed through Whitehaven's Risk Management Framework. Whitehaven recognises that risk is a part of doing business and that e ective risk management is fundamental to achieving the Company's strategic and operational objectives -- including achieving sustainability objectives. The Risk Management Framework is constantly evolving, enabling the Company to manage its risks e ectively and e ciently. The key components of the Framework are detailed on page 82 of this report.
Annual Report 2012