Page 11 - Annual Report 2020

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Strategic Report

Governance at BHP

Remuneration Report

Financial Statements

1.4.2 Social value Directors’ Report
Social value is the positive contribution we make to the environment In FY2020, we completed the first social value assessments across Additional information
and society through considering the needs of and maintaining our operated assets in Minerals Australia and Minerals Americas.
respectful and mutually beneficial relationships with our workforce, These assessments identify social value priorities for each asset
partners, customers, economies and communities. and are a key input into the asset’s five-year plan. The benefit
Consideration of social value helps us create new business of this approach is that community and broader sustainability
opportunities and make better-informed business decisions. initiatives are fully integrated into core business planning activities.
Social value is a BHP priority and is embedded in our whole-of- For information on many of these initiatives,
business five-year planning process. When business planning refer to section 1.7.
occurs each year, each operated asset must consider local and
global issues that are important to its stakeholders, assess its More information on social value and its importance
performance on those issues and develop a plan for how to at BHP is available at bhp.com.
proactively contribute social value in these areas, in partnership Shareholder information
with our global functions and local stakeholders.

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