Page 172 - Annual Report 2020
P. 172

4.13 Political donations                           4.18 Share capital, restrictions

          We maintain a position of impartiality with respect to party politics   on transfer of shares and other
          and do not make political contributions or expenditure/donations   additional information
          for political purposes to any political party, politician, elected
          official or candidate for public office. We do, however, contribute    Information relating to BHP Group Plc’s share capital structure,
          to the public debate of policy issues that may affect BHP in the   restrictions on the holding or transfer of its securities or on the
          countries in which we operate.                     exercise of voting rights attaching to such securities, certain
          No political contributions/donations for political purposes were   agreements triggered on a change of control and the existence
          made by BHP to any political party, politician, elected official or   of branches of BHP outside of the United Kingdom, is set out in
                                        (1)
          candidate for public office during FY2020.         the following sections:
                                                             •  Section 1.9.1 (Our locations)
          4.14 Exploration, research and                     •  Section 4.2 (Share capital and buy-back programs)
                                                             •  Section 7.3 (Organisational structure)
          development                                        •  Section 7.4 (Material contracts)
                                                             •  Section 7.5 (Constitution)
          Companies within the Group carry out exploration and research
          and development necessary to support their activities. Details are   •  Section 7.6 (Share ownership)
          provided in sections 1.5.3, 1.9 to 1.11 and 6.4.   •  Section 7.9 (Government regulations)
                                                             •  Note 15 ‘Share capital’ and note 24 ‘Employee share ownership
                                                              plans’ in section 5
          4.15 ASIC Instrument 2016/191                      As at the date of this Directors’ Report, there were 14,978,955
          BHP Group Limited is an entity to which Australian Securities    unvested equity awards outstanding in relation to BHP Group
          and Investments Commission (ASIC) Corporations (Rounding in   Limited ordinary shares held by 15,795 holders and 364,889
          Financial/Directors’ Reports) Instrument 2016/191 dated 24 March   unvested equity awards outstanding in relation to BHP Group Plc
          2016 applies. Amounts in this Directors’ Report and the Financial   ordinary shares held by 998 holders. The expiry dates of these
          Statements, except estimates of future expenditure or where   unvested equity awards range between April 2021 and August 2024
          otherwise indicated, have been rounded to the nearest million   and there is no exercise price. No options over unissued shares
          dollars in accordance with ASIC Instrument 2016/191.   or unissued interests in BHP have been granted since the end of
                                                             FY2020 and no shares or interests were issued as a result of the
                                                             exercise of an option over unissued shares or interests since the
          4.16 Proceedings on behalf of BHP                  end of FY2020. Further details are set out in note 24 ‘Employee
          Group Limited                                      share ownership plans’ in section 5. Details of movements in share
                                                             capital during and since the end of FY2020 are set out in note 15
          No proceedings have been brought on behalf of BHP Group   ‘Share capital’ in section 5.
          Limited, nor has any application been made, under section 237    The Directors’ Report is approved in accordance with a resolution
          of the Australian Corporations Act 2001.           of the Board.
          4.17 Performance in relation to
          environmental regulation

          BHP seeks to be compliant with all applicable environmental laws   Ken MacKenzie   Mike Henry
          and regulations relevant to its operations. We monitor compliance   Chair   Chief Executive Officer
          on a regular basis, including through external and internal means,   Dated: 3 September 2020
          to minimise the risk of non-compliance. For more information on
          BHP’s performance in relation to health, safety and the
          environment, refer to section 1.7.
          Fines and prosecutions
          For the purposes of section 299 (1)(f) of the Australian Corporations
          Act 2001, in FY2020 BHP levied six fines in relation to Australian
          environmental laws and regulations at our operated assets, the
          total amount payable being US$216,229. Two fines were received at
          Blackwater: noise exceedance (US$9,123) and mine affected water
          (US$8,937). One fine was received at Goonyella: unauthorised
          release (US$135,733) and one fine at Saraji: tailings pipeline
          breach (US$8,830). One fine was received at NSWEC: dust event
          (US$10,198) and one fine at Nickel West: mining disturbance
          footprint non adherence (US$43,408).
          Greenhouse gas emissions
          Regulations made under the UK Companies Act 2006 requires BHP,
          to the extent practicable, to obtain relevant information on the
          Group’s annual quantity of greenhouse gas emissions, which is
          reported in tonnes of carbon dioxide equivalent, and the Group’s
          energy consumption. In accordance with those UK requirements,
          information on BHP’s total FY2020 greenhouse gas emissions and
          intensity and energy consumption has been included in sections
          1.4.8, 1.7.8 and 6.6.
          For more information on environmental performance, including
          environmental regulation, refer to section 1.7.

          (1)  Note that Australian Electoral Commission (AEC) disclosure requirements are
           broad, such that amounts that are not political donations can be reportable for
           AEC purposes. For example, where a political party or organisation owns shares
           in BHP, the AEC filing requires the political party or organisation to disclose the
           dividend payments received in respect of their shareholding.


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